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    ragnarok1's Avatar
    ragnarok1 Posts: 1, Reputation: 1
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    #1

    Jan 23, 2013, 03:35 PM
    Calculate the amount of assets
    Company C
    Calculate the amount of assets for Company C on December 31, 2011.

    December 31, 2010
    Assets: $24,960
    Liabilities: 13,478

    December 31, 2011
    Assets: ?
    Liabilities: 13,788

    During the year 2011
    Stock Issuance: 9750
    Net income (loss): 1005
    Cash Dividends: 5875
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jan 23, 2013, 03:43 PM
    https://www.askmehelpdesk.com/financ...ard-25444.html
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #3

    Jan 23, 2013, 03:47 PM
    assets - liabilities = equity

    you have been given the movements in equity for the year so you can calculate the value of equity in both years
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