Starlight Enterprises has total liabilities of $87,600 and stockholders' equity of $142,500. Calculate the total value of the company's assets. A. $230,100 B. $55,400 C. $175,700 D. $142,500
Q: Financial Accounting Question need help
A: Step 1: Days Inventory Oustanding (DIO)= inventory / (cost of goods sold / days in a year)= 800 /…
Q: What is the cash paid for income taxes during the year?
A: Step 1: Definition of Income Taxes PayableIncome taxes payable is a liability that represents the…
Q: final answer
A: Step 1: Definition of InventoryInventory is the item that the company uses in the production process…
Q: Hii ticher please provide correct answer general Accounting
A: Step 1: Define Price-to-Earnings (P/E) RatioThe Price-to-Earnings (P/E) Ratio is a financial metric…
Q: General Accounting please provide answer
A: Step 1: Define Net Cash FlowNet Cash Flow is the total amount of cash generated or lost by a…
Q: Cotuit company's current liabilities must be
A: Concept of Current RatioThe current ratio is a financial metric that measures a company's ability to…
Q: Provide answer general Accounting question
A: Step 1: Define Price-Earnings (P/E) RatioThe Price-Earnings (P/E) Ratio is a financial metric used…
Q: What is the return on equity of this financial accounting question?
A: Step 1: Calculate Total AssetsWe know the debt ratio and total debt, so we can use the debt ratio…
Q: Return on assets general accounting
A: Step 1: Define Return On AssetsReturn on assets (ROA) indicates how much income is generated on a…
Q: 4 POINT
A: Explanation of Contribution Margin:Contribution Margin is the portion of sales revenue that remains…
Q: Determine the direct labor cost budget for 2015 on these general accounting question?
A: Step 1: Define Direct Labor Cost BudgetThe direct labor cost budget estimates the total wages paid…
Q: The total cost of job
A: Concept of Direct MaterialsDirect materials refer to the raw materials that are directly used in the…
Q: Daya corporation reported the
A: Explanation of Earnings Per Share (EPS):Earnings Per Share (EPS) is a financial metric that measures…
Q: What is the operating cycle?
A: Explanation of Operating Cycle:The operating cycle refers to the total time taken by a company to…
Q: its days sales uncollected equals
A: Step 1: Definition of Days' Sales UncollectedDays' Sales Uncollected is a financial metric that…
Q: I want answer
A: Explanation of Purchases: Purchases represent the total amount of goods bought by a business during…
Q: General Accounting
A: Step 1: Define Absorption Costing Net Operating IncomeAbsorption costing includes all manufacturing…
Q: Please give me correct answer this financial accounting question
A: Step 1:Using the dividend residual policy, first calculate the residual dividend: Residual dividend…
Q: Lattimer enterprises reported the following information for the year please answer the general…
A: Step 1: Definition of the Indirect Method for Cash Flow CalculationThe Indirect Method is a…
Q: the gross margin for july is
A: Step 1: Meaning of gross marginGross margin is the difference between a company's sales revenue and…
Q: What is the company's plantwide overhead rate?
A: Step 1: Calculation of Total Estimated Overhead CostTotal Estimated Overhead Cost = Estimated…
Q: What is value of retained earning
A: Explanation of Retained Earnings:Retained earnings represent the accumulated net income of a company…
Q: Accounts receivable:9200, Accounts payable:3000
A: Explanation of Net Income:Net income is the amount of profit a company earns after deducting all…
Q: Provide correct answer this general accounting question
A: Step 1: Define Materials Price VarianceThe Materials Price Variance (MPV) measures the difference…
Q: If you want to make a 15% profit from 250 shillings, what price do you place on your goods? Answer
A: Approach to solving the question:Freeform Detailed explanation: To determine the selling price when…
Q: choose best answer
A: Step 1: Definition of Variance PercentageVariance percentage measures the difference between an…
Q: Please provide answer this general accounting question
A: Fixed cost incurred (Manufacturing Overhead ) = $320,000Units Produced = 80,000Fixed cost…
Q: You just purchase a share of Apple for $150. You expect to receive a dividend of $12 in one year. If…
A: To calculate the total return, dividend yield, and capital gain rate, we use the following formulas:…
Q: Determine the net cash flow for this general accounting question
A: Step 1: Calculation of total cash inflowsTotal Cash Inflows = Cash Sales Collected + Proceeds from…
Q: SUBJECT: FINANCIAL ACCOUNTING
A: Explanation of Tax Burden Ratio: Tax burden ratio measures how much of a company's pre-tax profit it…
Q: merchandise sold answer
A: Step 1: Definition of Cost of Merchandise SoldThe cost of merchandise sold represents the cost…
Q: What is Narus opereting leverage?
A: Image 1.Image 2.Explanation.Naru's degree of operating leverage (DOL) is calculated by dividing the…
Q: help me to solve this questions
A: To calculate the predetermined overhead rate, you need to divide the total estimated indirect…
Q: General accounting
A: Step 1: Define Net IncomeIn business and finance, the primary goal of conducting business is to…
Q: Market rule?
A: Explanation of FIFO Method:The First-In, First-Out (FIFO) method is an inventory valuation approach…
Q: Don't use ai given answer accounting questions
A: Step 1:First, calculate the cash received from the sale: Cash received from sale = Value of accounts…
Q: give this answer
A: Step 1: Definition of Net incomeNet income is the amount left after taxation, medical insurance, and…
Q: 4 PTS
A: Explanation of Book Value: Book value is the original cost of an asset minus accumulated…
Q: Need answer please
A: a. Determine the Profit MarginTo calculate the Profit Margin, follow these steps:1. Calculate Net…
Q: Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income…
A: 1. Overall CM ratio = (Overall CM / Overall sales) x 100%Overall CM ratio = (144,000 / 180,000) x…
Q: What is the weighted average cost per unit
A: Weighted Average Cost per unit is as follows:Calculation of Weighted Average Cost pe…
Q: What is the return on equity
A: To calculate the Return on Equity (ROE) for 2015, we need to follow a systematic approach. ROE is a…
Q: can you please solve this
A: We have given, Annual sales = $45,000Annual cost of goods sold = $31, 500Inventory = $4,000Accounts…
Q: ABC Company sold a machine for $8,500 that originally cost $16,000. The balance of the Accumulated…
A: Concept of Book ValueBook value represents the net worth of an asset after accounting for…
Q: Please solve this general accounting question
A: Step 1: Define Pension LiabilityThe pension liability reported on the balance sheet is the…
Q: The predetermined overhead rate per machine hour should be?
A: Explanation of Fixed Overhead: Fixed overhead costs are manufacturing expenses that remain constant…
Q: Financial Accounting
A: Concept of Accrual AccountingAccrual accounting is a method of recording financial transactions when…
Q: I want Solution
A: Concept of Conservatism PrincipleThe conservatism principle in accounting states that accountants…
Q: hello teacher please solve questions general accounting
A: Step 1: Definition of Sales for a Target After-Tax ProfitSales required to achieve a specific…
Q: Sub. General accounting
A: Step 1: Return on Equity (ROE) can be calculated by dividing the Net income by the average…
Financial accounting question
Step by step
Solved in 2 steps
- Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.00Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACME Corporation Wayne EnterprisesCurrent assets:Cash and cash equivalents $ 2,494 $ 541Current investments 125Net receivables 1,395 217Inventory 10,710 8,600Other current assets 773 301Total current assets $15,372 $9,784Current liabilitiesCurrent debt $ 1,321 $ 47Accounts payable 8,871 5,327Other current liabilities 1,270 2,334Total current…Southern Style Realty has total assets of S485, 390, net fixed assets of $250,000, current liabilities of S 23,456, and long-term liabilities of $148.000. What is the total debt ratio? Multiple Choice .30.35.69.53.68.
- What is the debit to asset ratio?Calculate the following for Co. XYZ: a. Current ratio b. Debt ratio Assets: Cash and marketable securities $400,000 Accounts receivable 1,415,000 Inventories 1,847,500 Prepaid expenses 24,000 Total current assets $3,686,500 Fixed assets 2,800,000 Less: accumulated depreciation 1,087,500 Net fixed assets $1,712,500 Total assets $5,399,000 Liabilities: Accounts payable $600,000 Notes payable 875,000 Accrued taxes Total current liabilities $1,567,000 Long-term debt 900,000 Owner's equity Total liabilities and owner's equity Co. XYZ Income Statement: Net sales (all credit) $6,375,000 Less: Cost of goods sold 4,375,000 Selling and administrative expense 1,000,500 Depreciation expense 135,000 Interest expense Earnings before taxes $765,000 Income taxes Net income Common stock dividends $230,000 Change in retained earningsCampbell Company has current assets of $10 million of which $3,000,000 are accounts receivable. Its current liabilities total $7 million of which $2,000,000 are accounts payable and $500,000 are wages payable. Campbell's net credit is: a. $2,500,000. O b. $1,000,000. Oc. $500,000. d. $3,000,000
- Please show calculationAccounting...charger company's most...ABC Corporation has the following balance sheet. How much net operating working capital does the firm have? Cash Short-term investments Accounts receivable Inventory Current assets Net fixed assets Total assets O a. $285.00 O b. $15.00 O c. $68.00 O d. $82.00 Oe. $232.00 $10 Accounts payable Accruals 84 Notes payable 56 Current liabilities $150 Long-term debt 100 Common equity Retained earnings Total liab. & equity $250 $22 60 53 $135 30 30 55 $250
- The balance sheet for Munoz Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $ 235,000 762,000 $997,000 $160,000 457,000 617,000 380,000 $997,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) ace Working capital Current ratio Debt to assets ratioWhat is the amount of the net fixed assets on these general accounting question?Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $670,000, Accounts receivable = $870,000, Inventory = $570,000, Accrued wages and taxes = $111,000, Accounts payable = $207,000, and Notes payable = $1,070,000. What is Cypress's net working capital? Multiple Choice $1,388,000 O $2,110,000 $722,000 O $3,498,000