A company had total assets of $36,000,000 and Total Stockholder's Equity of $4,000,000. Using accounting equation, how much were Total liabilities? a. $36,000,000 b. $32,000,000 c. $40,000,000 d. $4,000,000 e. $20,000,000
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A company had total assets of $36,000,000 and Total
$36,000,000
$32,000,000
$40,000,000
$4,000,000
$20,000,000
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- You find the following financial information about a company: net working capital = $7, 809; total assets $11,942; and long-term debt Multiple Choice $9, 115 $4, 507 $10, 339 $6, 129 $4, 133 = = = $1, 287; fixed assets $4,589. What is the company's total equity?Total assets are $1,500,000 and stockholders’ equity is $900,000. What is the debtto-equity ratio?a. 0.33b. 0.50c. 0.60d. 0.67You find the following financial information about a company: net working capital = $1,071; fixed assets $7,297; total assets = $11,686; and long-term debt = $4,381. What is the company's total equity? Multiple Choice $3,987 $8,539 $4,389 $6,457 $9,387
- The Dinmore Company has total assets of $6.4 million, currentassets of $2.3 million, current liabilities of $2.5 million andtotal liabilities of $4.2 million.1.What is the amount of the stockholders’ equity?2.What is the amount of the net working capital?3.What is the amount of the long term assets?4.What is the amount of the long term debt?Answers onA company reports the following: Total Assets $390,000 Total Liabilities 140,000 Total Stockholders' Equity 250,000 Calculate the debt ratio. (Round your answer to two decimal places.) O A. 44% O B. 78.57% O C. 35.9% O D. 64.1%Assuming that total assets were $8,037,000 at the beginning of the current fiscal year, determine the following: When required, round to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity c. Asset turnover d. Return on total assets e. Return on stockholders' equity f. Return on common stockholders' equity % % %
- On May 1, Donovan Company reported the following account balances:Current assets..... $ 90,000Buildings & equipment (net)..... 220,000=Total assets..... $310,000Liabilities..... $ 60,000Common stock..... 150,000Retained earnings..... 100,000=Total liabilities and equities..... $310,000On May 1, Beasley paid $400,000 in stock (fair value) for all of the assets and liabilities of Donovan, which will cease to exist as a separate entity. In connection with the merger, Beasley incurred $15,000 in accounts payable for legal and accounting fees.Beasley also agreed to pay $75,000 to the former owners of Donovan contingent on meeting certain revenue goals during the following year. Beasley estimated the present value of its probability adjusted expected payment for the contingency at $20,000. In determining its offer, Beasley noted the following:-Donovan holds a building with a fair value $30,000 more than its book value.-Donovan has developed unpatented technology appraised at $25,000,…A company reports total assets of $ 930 comma 000$930,000 and stockholders' equity of $ 540 comma 000$540,000. Calculate the debt ratio. (Round your answer to two decimal places.) A. 36.7336.73% B. 41.9441.94% C. 58.0658.06% D. 72.2272.22Given the following information, what is the ratio of liabilities to stockholders' equity? Fixed assets (net) at year-end $400,000 Average fixed assets 450,000 Total assets 500,000 Long-term liabilities 300,000 Total liabilities 350,000 Total stockholders' equity 250,000 Total liabilities and stockholders' equity 500,000 Interest expense 5,000 Income before income tax 150,000 Net income 100,000 O a. 0.7 O b. 1.2 O c. 1.4 O d. 0.6
- The following data was obtained from the current financial statements for Kelly Corporation: Net sales..... $30,000 Average total assets.. Cost of goods sold..... Average common stockholders' Net income.... Preferred dividends.. Calculate: 1. Gross Profit Percentage $50,000 $10,500 equity... $35,000 . $4,500 $500 %A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 41,000 56,000 61,000 146,000 $ 304,000 Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity $ 76,000 31,000 101,000 96,000 $ 304,000A company had total liabilities of $11,200,000 and total stockholder's equity of $3,600,000. Using the accounting equation, how much were total assets? a. $19,200,000 b. $3,600,000 c. $11,200,000 d. $3,600,000 e. $14,800,000