 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
Check out some similar questions!
If I'm given net income, total short term assets, total short term liabilities, market price of stock, total common shares outstanding, total common stock at par, additional paid in capital, retained earnings, and dividends paid, how do I find total equity and total liabilities?
$8M Sales, 8% PM, $2M CA, $6M FA, $1M NWC, $3M LTD
At the beginning of the year, Addison Company's assets are $259,000 and its equity is $194,250. During the year, assets increase $80,000 and liabilities increase $52,643. What is the equity at the end of the year?
Net Income $765 Net Sales $36,762 Profit Margin 2.1% Net Sales $36,762 Average Total Assets ($15,719 + $16,078) divided by 2 = $15,898.5 Asset Turnover 2.3 times Net Income $765 Average Total Assets (from...
How do I find the equity for the following using the accounting equation? :confused: An company has assets equal to $123,000 and liabilities equal to $47,000 at year end. How do I figure out what the total equity for the year end would be? This is all the information I have available to me. ...
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
