Prepare a 2018 balance sheet for Rogers Corporation based on the followinginformation: Cash = $360,000; Patents and copyrights = $670,000; Accounts payable=$350,000; Accounts receivable $149,000; Tangible net fixed assets = $3,700,000;Inventory $285,000; Notes payable= $170,000; Accumulated retained earnings =$1,235,000; Long-term debt = $1,930,000. What is the common stock account balance.for the company?Multiple Choice$1,881,000$1,724,000$1,819,00024476000

Common Stock Account Balance = Total Assets - Total Liabilities - Retained Earnings

Answered: Prepare a 2018 balance sheet for Rogers…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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vv. Subject Finance
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The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable. Net fixed assets* Long-term debt Notes payable Dividends paid Cash and marketable securities 2021 $ 4,100 1,700 470 270 520 240 340 320 350 4,800 2,400 687 380 760 Net working capital 2022 $ 4,200 1,800 490 335 570 240 360 355 395 * Taxes are paid in their entirety in the year that the tax obligation is incurred. t Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. 5,540 2,860 540 380 480 What was the change in net working capital during the year? Note: Enter your answer in thousands of dollars. by
Subject: acounting
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BB Incorporated had the following balances of assets and liabilities in 2022: Beginning balances: Cash and cash equivalents P250,000 Accounts payable P120,000 Trade and other receivables 150,000 Notes payable 80,000 Inventories 210,000 Bonds payable 200,000 Prepaid expenses 50,000 Mortgage payable 240,000 Property, plant and equipment - net 350,000 Ending balances: Cash and cash equivalents P230,000 Accounts payable P100,000 Trade and other receivables 250,000 Notes payable 60,000 Inventories 300,000 Bonds payable 170,000 Prepaid expenses 40,000 Mortgage payable 240,000 Property, plant and equipment - net 300,000 How much is the net income in 2022?
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