Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Accounting (https://www.askmehelpdesk.com/showthread.php?t=60432)

  • Feb 5, 2007, 07:07 PM
    jaggyemt
    Accounting
    Aparticular company has retained earnings of 12,000, total assets totaling 38,000, and total liabilities of 20,000. How much is total stockholders' equity?
  • Feb 6, 2007, 03:34 AM
    moussahawas
    Remember always that rule:

    Assets=Liabilities + Owners Equity
    then,
    Assets= 38,000
    Liabilities= 20,000

    Then owners equity or stock holders equity = 38,000 - 20,000 = 18,000

    Regards,

    Moussa Hawas
    Equity Research Analyst

  • All times are GMT -7. The time now is 03:16 PM.