What do our total assets equal? Owner's equity for our company is $500,000, andtotal liabilities are $250,000. The company paid$50,000 in dividends during the year. What doour total assets equal?A. $250,000B. $300,000C. $700,000D. $750,000

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Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...

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Silver Diamond Company's Profit before interest and tax is OMR 360,000, the total of assets is OMR 900,000 and total of current liabilities is OMR 500,000. The Return on Capital employed (ROCE) of the company is: a. 40% b. 25.71% c. 90% d. 111.11%
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Ma1. -The market value of Investee is $1,000,000. Investor owns 20% of Investee's common stock. Investee reported net income of $200,000 and paid cash dividends in the amount of $40,000. a. The investment income that Investor will recognize is $8,000 b. The investment income that Investor will recognize is $40,000 c. The investment income that Investor will recognize is $32,000 d. Investment income cannot be determined from the information provided. -Suppose that, in the previous question, Investor does not have the ability to exercise significant influence over Investee. The investment income that Investor will recognize is: a. $8,000 b. $40,000 c. $32,000 d. cannot be determined
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The capital of a company is made up of $40,000 ordinary shares, $45,000 preference shares, $35,000 debentures, and $40,000 reserves. During the year, it makes a profit of $6,000 after all interest totaling $1.200 has been subtracted, but before tax is taken out. The return on capital employed for this company is: O a. 5.3% O b. 4.3 % Oc 4.5 % O d. 5.5%
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Owner's equity for our company is $500,000, and total liabilities are $250,000. The company paid $50,000 in dividends during the year. What do our total assets equal? A. $250,000 B. $300,000 C. $700,000 D. $750,000