At the end of the period, Sanders Company reports the following amounts: Assets = $12,000; Liabilities = $8,000; Revenues = $5,000; Expenses = $3,000. Calculate stockholders’ equity.

Stockholders’ equity totaled $246,000 at the beginning of the year. During the year, net income was $36,000, dividends of $9,000 were declared and paid, and $30,000 of common stock was issued at par value. Calculate total stockholders' equity at the end of the year. Indicate the financial statement effect

Hoya Corporation reports the following amounts: Assets = $16,400; Liabilities = $1,400; Stockholders’ equity = $15,000; Dividends = $1,400; Revenues = $13,800; and Expenses = $10,400.  What amount is reported for net income?

The financial statements of Colorado Outfitters include the following selected data ($ in millions): sales, $9,543; net income, $320; beginning stockholders’ equity, $3,219; and ending stockholders’ equity, $2,374. Calculate the return on equity.

At the end of the year, InstaChat Corporation reported the following: Total assets = $800,000 Total liabilities = $500,000 Common stock = $220,000 Retained earnings of $80,000 How much is total stockholders' equity? Do not include commas, dollar signs or text. Answer:

A company's financial statements include the following selected data ($ in millions): Sales, $22,600; Net income, $900; Beginning stockholders' equity, $3,540; Ending stockholders' equity, $4,200.Calculate the return on equity. (Round your answer to 1 decimal place.)   Return on equity: _________%

A firm has common stock of $100, paid-in surplus of $300, total liabilities of $500, current assets of $400, and net fixed assets of $600. What is the amount of the shareholders’ equity

The comparative financial statements prepared at December 31, Year 2, for Goldfish Company showed the following summarized data: Statement of Earnings Sales revenue Cost of sales Gross profit Operating expenses and interest expense Earnings before income taxes Income tax expense Net earnings Statement of Financial Position Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Current liabilities (no interest) Long-term debt (interest rate: 10%) Common shares (6,000 shares) Retained earningst Year 2 Year 1 $367,950 $310,000 312,178 262,000 55,780 48,000 37,410 33,400 18,370 6,310 14,600 4,800 $ 12,060 $ 9,800 $ 4,270 $ 8,400 16,830 48,350 29,810 $ 99,260 $ 11,820 40,480 24,000 22,960 20,000 42,000 25,000 $ 95,400 $14,200 39,200 24,000 18,000 Required: 1 Complete the following columns for each item in the comparative financial statements (Negative answers should be indicated by a minus sign. Round percentage answers to 2 decimal places, Le., 0.1243 should be…

Hoya Corporation reports the following amounts: Assets = $22,500; Liabilities = $2,500; Stockholders’ equity = $20,000; Dividends = $2,500; Revenues = $16,000; and Expenses = $11,500.  What amount is reported for net income?