The total assets of the Company are $81000 and its owner's equity is $61000. What is the amount of its total liabilities?

Q: A company has net working capital of $2,287, current assets of $6,525, equity of $22,305, and…

A:

Q: Green Corporation reported the following accounts and amounts (in millions) in its financial…

A: Classified balance sheet is one of the financial statement of business, which shows all assets,…

Q: Maxey Company had current and noncurrent liabilities of $50,000 and $150,000, respectively. The…

A: Given the following information: Current liabilities: $50,000 Non current liabilities: $150,000…

Q: If equity is $338,000 and liabilities are $188,000, then assets equal:

A: Formula: Assets = (Liabilities + Equity)

Q: Veltri Incorporated has the following assets and liabilities (assets are stated at net realizable…

A: To find the amount of free assets after payment of liabilities with priority in a liquidation, we'll…

Q: Veltri Incorporated has the following assets and liabilities (assets are stated at net realizable…

A: The objective of the question is to calculate the amount of free assets after payment of liabilities…

Q: Imagine a balance sheet: Current assets = $105, current liabilities $100, fixed assets = the owner's…

A: Given information  Asset side total =fixed asset+ current assets…

Q: The following information was taken from Charu Company's balance sheet: Line Item Description…

A: The objective of this question is to calculate two financial ratios for Charu Company: (a) the ratio…

Q: Prezas Company's balance sheet showed total current assets of $3,250, all of which were required in…

A: Working capital is calculated as the difference between total current assets and total current…

Q: redondo, Inc., has current assets of $394, net fixed assets of $17,137, current liabilities of…

A: Working capital is very important in business operations and working capital shows the liquidity of…

Q: A company's balance sheet has the following account values: current assets $625; current liabilities…

A: Equity capital is the funds contributed by the shareholders of he company or it can be said that the…

Q: The 2021 Balance Sheet of Eighty-Five Ltd. show a total of $100,000 in current assets, which is made…

A: Quick Ratio :— It is the ratio of quick assets and current liabilities.    Quick ratio = Quick…

Q: Riccarton Ltd has non-current assets of £9,000, non-current liabilities of £5,000, current…

A: The current assets of the business can be calculated with the help of accounting equation.

Q: How much is the company's net working capital?

A: Working capital is the amount of capital invested in the business fr carrying out day-to-day…

Q: the total liabilities of brown enterprises are 987,560 representing one-fourth of the total equity.…

A: Equation: Accounting equations are on the basis of the dual aspect concept of accounting. It means…

Q: Coop Incorporated has the following assets and liabilities (assets are stated at net realizable…

A: Liquidation of a company refers to the process of winding up and closing down the affairs of a…

Q: Donner United has total owners' equity of $17,600. The firm has current assets of $20, 150, current…

A: Long-term debt is an obligation repayable after one year. Total liabilities include long-term debt…

Q: Scare Train, Inc. has the following balance sheet statement items: current liabilities of $779,470;…

A: CURRENT ASSETSCurrent assets are short-term assets that can be easily converted into cash.Current…

Q: Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $490,000;…

A: Common Stock - Common Stock is the shares issued to the shareholders. There are two types of stock…

Q: on to get the Loss on Conversion of Bonds for $2,210,000?

A: When bonds are converted into shares , their book value is compared with total par value. Any excess…

Q: ndo, Inc., has current assets of $4,957, net fixed assets of $14,890, current liabilities of $4,928,…

A: Working capital is very important in the business. Working capital show the liquidity of firm and…

Q: A company's current ratio is 1.5. Its current liabilities are $150,000. What are its current assets?…

A: Current ratio = current assets / current liabilities

Q: Campbell Company has current assets of $3 million of which $750,000 are accounts receivable.  Its…

A: given that, current assets = $3million accounts receivable which Is part of current assets = $750000…

Q: (a) The liabilities of Pharoah Company are $98,000. Owner's capital is $154,000; drawings are…

A: Net Income = revenues - expenses= $441,000 - $323,000= $118,000

Q: A company has $1,364 in inventory, $4,809 in net fixed assets, $652 in accounts receivable, $290 in…

A: 1.Total assets = 2.Total Liabilities =

Q: Total current liabilities

A: Liability: Liability is the obligation of the company to pay which comes from a past activity done…

Q: Anderson Inc has total assets of $18,797, current assets of $3,777, current liabilities of $4,999…

A: Solution:Long term debt refers to the borrowings made by the company which are payable after a…

Q: account

A: TOTAL CURRENT LIABILITIES = fixed assets + current assets -long term debt - retained earnings -…

Q: IBX, Inc. has Current Assets of $700,000; Current Liabilities of $310,000; and Long-term Assets of…

A: Given: Current assets $700,000 Current liabilities $310,000 Long-term assets $295,000

Q: As of December 31, 2022, Sunland Company has assets of $43300 and stockholders' equity of $19700.…

A: The accounting equation states that assets equal to sum of liabilities and equity. The accounting…

Q: The current assets of Novak Corp. are $495600. The current liabilities are $168000. The current…

A: The current ratio measures the ability of the company to pay the dues or short-term obligations in a…