What amount would be reported as total owners' equity immediately after the investments? Total owners' equity %24
Q: a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders equity
A: a. Ratio of fixed assets to long-term liabilities Fixed assets / Long-term liabilities = $793,900 /…
Q: Questions: 1. Return on total assets 2. Return on common stockholder's equity 3. Book value…
A: 1. Return on total assets = 8.10 %
Q: 31- Which of the statements formulated below explains the method of calculating profit/loss through…
A: Owner equity means the amount that belong to the owner of the business. Any profit will increase…
Q: What is the shareholders' equity at year-end? a. 9,500,000 b. 8,900,000 c. 7,400,000 d. 7,500,000
A:
Q: What is the base vertical analysis on the balance sheet? The first year presented Total…
A: Horizontal and Vertical analysis are one of the tools for analysis of financial statements. It helps…
Q: What amount should be reported as shareholder's equity at year-end? a. 5,200,000 b. 5,500,000 c.…
A: Authorized share capital 5,000,000 Unissued share capital 2,000,000 Subscribed share capital…
Q: What should be the amount stated as Ending Retained Earnings on the Statement of Retained Earnings…
A: Retained earnings refer to the amount earned by the organization till the date of preparation of the…
Q: 1. Included in the statement of stakeholder earuity are A assets, income, and exchenses. 16) Net…
A: As per the guidelines, only one question is allowed to be solved so I am answering the first…
Q: What is the recovery percentage of the shareholders based on the carrying amount of equity? 000/
A: Gain on Realized Assets 720000 Loss on realization of Assets 1280000 Additional Assets…
Q: Determine the value of Owner's Equity when Current Assets = $23,242, Current Liabilities = $12,634,…
A: VALUE OF OWNER'S EQUITY : = TOTAL ASSETS - TOTAL LIABILITIES 1. TOTAL ASSETS : = CURRENT ASSETS +…
Q: Prepare a statement of changes in stockholders’ equity for Year 1
A: Statement of stockholders equity is one of the financial statement which shows changes in equity…
Q: he amount o
A: Retained earnings: The retained earnings contain the net income that is retained after distributing…
Q: When is the return on assets equal to the return on equity? * When the 00
A: Return on equity is the ratio which shows the earning capacity of the equity shareholders’ funds and…
Q: List down the amounts of Beginning Retained Earning, Net Profits, Dividends paid and Ending Retained…
A: The Beginning Retained Earning, Net Profits, Dividends paid and Ending Retained Earning for both…
Q: a. ratio of original capital balances at the beg. of the year b. ratio of capital balances at the…
A: a. The Ratio of Original Capital Balances at the beginning of the year will be calculated as…
Q: e. What is the amount of change in retained earnings for the year? Change in retained earnings
A: It is pertinent to note that retained earnings at the end of the year is Ending balance = Opening…
Q: Calculate the ending balance for owner's equity: Beginning Balance Investments Distributions Ending…
A: Statement of owner's equity gives information about the changes in the owner's capital account.…
Q: As the end of the period, Mark brokerage firm has a total assers equal 1,070,000 and total…
A: Owners Equity = Total Assets - Total Liabilities
Q: Lin horizontal aant anal ysis, eash item is expressed as a Percentage of the (a) net inconr amounb.…
A: Horizontal analysis is carried out with a view to show the changes in values of financial statement…
Q: All of the following increase owner’s equity except for which one?A. gainsB. investments by ownersC.…
A: Owner's Equity is the amount attributable to the owners of the company. This is an important item of…
Q: Calculating income from investments in the middle of the year
A: (Amounts are in thousands) Given investment made in July 2011, Therefore KAR will be entitled for…
Q: The following items would be presented in the Statement of Changes in Equity. TRUE or FALSE for…
A: The answer for the True or false question on the items that would be presented in the Statement of…
Q: Prepare an Income Statement, Balance Sheet, and Statement of Owner's Equity. Assume that the capital…
A: Financial statements are the important part of the business entity which are the statements to be…
Q: How much is the balance of Investment in Love Company at the end of the current year?
A: Equity shares are those shares which do not have preferential right on dividend and repayment of…
Q: ear Equity changed by what amount from the beginning of the year to the end
A: Given information is: Opening Assets = 78,000 Opening Liabilities = 16,500 Sales revenue = 57600…
Q: What was C's share of income or loss for the first year
A: partnership is an arrangment where two or more partner's join together with similar interests and…
Q: Balance Sheet Year 2 Assets Cash Total Assets Uabilities Accounts Payable Total Liabilities…
A: The balance sheet is one of the financial statements of the business which represents the financial…
Q: retained earnings for the year. What is the net income for the current year?
A: Net Income = Increase in Assets + Decrease in Liabilities - Decrease in Assets - Increase in…
Q: Prepare the Statement of Changes in Owner's Equity for B. Maranan's Servi using the following data:…
A: Solution: Net Income for the year = Service revenues - Expenses = P428,235 - P332,432 = P95,803
Q: Calculate : owner's equity Total assets
A: Total Equity of the business means capital invested by the business with net income earned in the…
Q: In horizontal analysis, each item is expressed as a percentage of the: Choose net income amount nt…
A: "Since you have posted multiple questions, we will solve the first question for you. To get the…
Q: B. Compute the owner's equity for Norman Gonzales on December 31, 2014 based on the following data:…
A: Notes: Since you have asked multiple questions, we will solve the first question for you. If you…
Q: a $1,000 increase to Revenue in Assets and a $1,000 increase to owners' equity
A: Correct Answer is A $ 1000 increase revenue in Assets and $1000 increase in owner Equity.
Q: a. Ratio of fixed assets to long-term liabilities 1.9 b. Ratio of liabilities to stockholders'…
A: Return on stockholders’ equity =Net income/Average shareholder's equity
Q: Compute each of the following: (Round your answers to 2 decimal places.) a. Current ratio b.…
A: Ratio analysis is the technique used to analyze the financial health of the company. Different…
Q: What is the largest investing activity outflow during the most recent year? (Indicate reconciling…
A: Cash Flow Statement; It refers to the Accounting statement of a particular organization in which…
Q: Compute the owner's equity for Norman Gonzales on December 31, 20X1 Base of ih following data:…
A: Owner equity means the amount that belong to the owner of the business. Any profit will increase…
Q: 1. Classify each of the investments ments represent less than 20% of 2. Journalize the 2018…
A: “Hey, since there are multiple questions posted, we will answer first three questions. If you want…
Q: Question Content Area Given the following data: Dec. 31, Year 2 Dec. 31, Year 1 Total…
A: Ratio analysis is one of the technique used in management accounting. These ratios are used for…
Q: W
A: Description Amount in ₱ Authorized share capital 4,000,000 (200000*20)…
Q: All of the following increase owner's equity except one? Gains investmnt by owners revenue…
A: Gains and revenue are added to capital account thereby increasing owners equity Investment by owners…
Q: 2 All of the following increase owner’s equity except for which one?A. gainsB. investments by…
A: Owners equity is the total amount or value that is attributable for the owners and shareholders of…
Q: In the following balance sheet, estimate the impact on the economic value of equity (EVE). If…
A: “Hey, since there are multiple questions posted, we will answer first question. If you want any…
Q: For each independent situation below, calculate the missing values for owner's equity. Beginning…
A: Owner's equity is the owner's right the assets of business. It refers to what is left over after…
Q: a. Journalize the entries for April 20 and August 7. b. What is the total amount invested (total…
A: Requirement a: Pass a journal entry to record the issuance of common stock.
Q: 28 What is a waterfall model? A O A financial model that shows the future income and expenses of a…
A: Waterfall model is an advanced and common model used in structured financial products.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Distressed Jon is un rgoing liquidaion. Relevart ihlor Jon as Shown beiow: ASSETS Carrying Amount Net Realizable Value P250,000 150,000 600,000 1,700,000 P2,700,000 Cash Accounts Receivable Equipment-net Land P300,000 355,649 200,000 1,500,000 P2,355,649 TOTAL ASSETS LIABILITIES Accounts Payable Salaries Payable Notes Payable Loan Payable Carrying Amount P1,000,000 500,000 Settlement Amount P1,000,000 500,000 805,234 800,000 P3,105,234 800,000 800,000 P3,100,000 TOTAL LIABILITIES EQUITY Share Capital Retained Earnings Capital Deficiency P1,600,000 (2,000,000) (400,000) TOTAL LIABILITIES & EQUITY P2,700,000 Additional Information: • Administrative expenses amounting to P180,744 are expected to be incurred during the liquidation process. • The equipment is pledged to the loan payable. QUESTIONS: 1. How much are the total free assets? 2. How much are the unsecured liabilities with priority? 3. How much are the total unsecured liabilities without priority? 4. How much are the net free…Calculate working capital Alist of XYZ Company accounits is presented belov in alphabetical order: Aco. Dep.-Buildings Acc. Dep-Equipment Acc. Other Comprehensive Inoiome Accounts Payable Accounts Receivable 10 Additional Paidin Capital-obmmion Addtional Paidin Capital-preferredS 12 Allov ance for Doubtful Adcounts 42,400,00 28.080.00 880.00 17,920 00 17.200 00 19,200.00 9,200 00 640.00 61600 00 13 Bond: Payable idue 20271 14 Buldng: 15 Cash 16 Common Stock, $10 par 17 Curren Tan Payable 18 Discount on Bonds Pavable 19 Equipment 20 nventory 21 Land 22 Marketable Seourities (shoit term) 23 Patents (net) 24 Pieferned stook, $100 par 25 Retained Earnings 26 Revenues Salaries expense 28 Salalies Payable 29 Trademarks 115,200.00 2,320.00 24,000.00 8,320.00 5,520.00 57.920.00 29,760 00 24,000,00 4.880.00 7,840.00 16,800 00 36.960.00 85,600.00 %24 27 31.200.00 1,600.00 2.960.00 24 30The following selected information pertains to Brock Company:Cash balance, January 1, 20x1 P130,000Accounts receivable, January 1, 20x1 190,000Collections from customers in 20x1 2,100,000Capital account balance, January 1, 20x1 380,000Total assets, January 1, 20x1 750,000Additional cash investment, July 1, 20x1 50,000Total assets, December 31, 20x1 1,010,000Cash balance, December 31, 20x1 200,000Accounts receivable, December 31, 20x1 360,000Withdrawals made during 20x1 110,000Total liabilities, December 31, 20x1 410,0007. Net income for the year ended December 31, 20x1
- Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets QS 17-6 (Algo) Vertical analysis LO P2 Current Year $ 12,700 64,000 64,000 100,500 $ 241,200 Cash Accounts receivable Equipment, net Express the items in common-size percents. (Round your percentage answers to one decimal place.) Land Total assets Current Year Prior Year $ 16, 200 29,900 56,000 76,000 $ 178,100 % % % % 0.0 % Prior Year % % % % 0.0 %14. At the end of the year RS Inc. paid $300 in interest on their bank loan. Transactio n n Cash Asset + Transactio Cash Asset + Balance Sheet Noncash Assets 15. RS Inc. earned but did not receive $200 in interest on its cash account. Liabil- ities Noncash Assets Balance Sheet Liabil- ities Contrib. Capital + + Contrib. Capital Earned Rev- Capital enues Earned Rev- Capital enues Income Statement Expen ses Income Statement Expen 11 ses = Net Incom e Net Incom eUse the following table: Case X Case Y Case Z Cash $ 940 $ 1,470 $ 1,940 Short-term investments 0 0 780 Receivables 0 1,690 1,360 Inventory 3,400 1,560 6,520 Prepaid expenses 2,600 1,020 1,460 Total current assets $ 6,940 $ 5,740 $ 12,060 Current liabilities $ 3,600 $ 1,800 $ 5,750 Required:Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet short-term obligations most easily. (Round your answers to 2 decimal places.)
- Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets QS 13-6 (Algo) Vertical analysis LO P2 Current Year $ 8,400 56,000 48,000 93,500 $ 205,900 Cash Accounts receivable Equipment, net Express the items in common-size percents. (Round your percentage answers to one decimal place.) Land Total assets Current Year % % % Prior Year $ 9,600 20,400 43,200 68,000 $ 141,200 % % Prior Year % % % %Investing activities include Multiple Choice Purchase of non-current assets Lending and collecting on notes receivable Sale of equity investments Sale of non-current assets < Prev 30 of 30 D Next arch VivoBook LGO 81 dmTO Culate net o check if Assets equal Liabilities I cdn.student.uae.examus.n ACCT101_FEX_2021_2_Male Purpose of the Statenment of Cash Flows: 9 క్క 18 a. To calculate net income 95abe18 e18c o check if Assets equal Liabilities b. 95abe18 С. To calculate Assets turnover 95abe18ce33 d. To know where a company spends its cash abe18ce33 95a18ce33 95abe18ce33 95abe18ce33 95abe18ce33 95abe18ce33 MacBook Pro 80 F3 000 95abe1 F4 FS 48 F6 E F7 6 & DII 7 V T F9 8A 99 Cor R. II
- 3. Following information is available in respect of A LtdParticulars As on 31.3.2019(Rupees. In Lacs)As on 31.3.2020(Rupees. In Lacs)Investment in FinancialAssets- 100Equity Share Capital 150 160Long term Loans taken 100 200Dividend paid - 26Dividend received - 10Interest received - 15a. Prepare the cash flow from financing activities from the above information and givereasons for each element whether these elements belongs to financing activities or not. b. Calculate the relationship between the debt and equity for the year 2019 and 2020, andcommenttakeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Which statement is not true? Oa. Disclosures related to receivables are reported on the financial statement notes. Ob. Current assets are normally reported in order of their liquidity. Oc. All receivables that are expected to be realized in cash beyond 265 days are reported in the non-current assets section. Od. Cash and cash equivalents are the first items reported under current assets.Problem From the following ledger balances, prepare trial balance, income statement, and balance sheet:Mr. X’s capital is 500,000Drawing 20,000Purchase 200,000Loan 100,000Machinery 50,000Return to suppliers 50,000Sales 400,000Return inward 600,000Carriage outward 20,000Bad debts 5,000Sundry Drs. 100,000B/R 20,000Sundry Crs. 50,000Carriage inward 10,000Salary and wages 5,000Depreciation 20,000Cash in hand 100,000Sale of scrap 5,000Closing stock 50,000Prepaid tax 10,000Outstanding wages 5,000 do not give solution in image