Chapter 18, Problem 18.18E

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What do Yavin's total assets equal ?

Duals total equity is

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Swift Enterprises has sales of $500,000, variable costs are 70% of sales, and operating income is $75,000. What is the operating leverage? Help

Question: In 2021, Bridgestone Spa reported revenue of $45,000. Total expenses for the year were $36,000. Bridgestone Spa ended the year with total assets of $25,000, and it owed debts totaling $12,000. At year-end 2020, the business reported total assets of $22,000 and total liabilities of $10,000. A. Compute Bridgestone Spa's net income for 2021. B. Did Bridgestone Spa's stockholders' equity increase or decrease during 2021? By how much?

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