equity is $30,000 and liabilities are $19,000, then assets must equal what
Q: The following information is given: 100.000 150.000 Current liabilities Non-Current liabilities…
A: Formula: Total liabilities = Current liabilities + Non current liabilities
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A: Quick assets: Quick assets refers to the assets owned by the company with market value which can be…
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A: The accounting equation states : Assets = Liabilities + equity
Q: ASSETS = LIABILITIES + EQUITY ANSWER THE FOLLOWING INDEPENDENT QUESTIONS (SHOW COMPUTATION): If…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
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A: Accounting equation formulae is Assets = liabilities +owners equity
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A: This question deals with the balance sheet equation. Balance sheet equation says that total asset is…
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Q: the current assets are 62.5% , the total assets are ₱600,000, owner’s equity is twice the total…
A: Solution:- Calculation of the total owner’s equity as follows:- The following formula used for…
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A:
Q: If assets are $239,000 and owner's equity is $83,000, the amount of the liabilities is
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A: An accounting equation refers to a mathematical representation of the transaction. It indicates that…
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A: Accounting equation is one of the concept used in the accounting process. Elements of accounting…
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A: Over time, liabilities are settled through the transfer of economic benefits such as money, goods,…
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A: Creditors claim on company's assets are called Liabilities. As per the accounting equation; Assets =…
Q: If a business firm has assets worth $170,000 and liabilities that total $40,000 what is the value of…
A: Calculate the owners equity as follows: Total assets = Total liabilities + Owners equity
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A: Equity is the total amount attributable to the owners of the business, All income is added to the…
Q: If opening net assets are OMR 200,000, dividends are OMR 24,000, direct expenses are OMR 20,000 and…
A: As posted multiple independent questions we are answering only first question kindly repost the…
Q: Last year, which is used as the base year, a firm had cash of P46, accounts receivable of P132,…
A: Common base year: It is the expression in which items of financial statements in a given year is…
Q: Fill in trhe If the liabilities of the business amount to P120,000 and its residual interest amounts…
A: Total assets are the sum of current assets and fixed assets. And total asset is equal to the total…
Q: Total Liabilities amounts to P500,000. Total owner's equity is thrice the liabilities. How much is…
A: Accounting Equation: accounting equation is the basis of accounting which is Total Asset = Total…
Q: what is the amount of owner’s equity (also known in "real-life" as net worth) for this business?
A: Accounting equation refers to an equation which shows that the both the debit side as well as credit…
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A: The balance sheet represents that the assets are equal to the sum of liabilities and stockholders'…
Q: If total assets amount is N$150 000; and owner's equity/capital is three quarter (¾) of total…
A: Formula: Assets = Liabilities + Capital Liabilities = Assets – Capital
Q: Assets are twice the amount of equity. Liabilities are P 24,500. By how much are assets greater than…
A: Accounting equation says that total assets should be equal to total of liabilities and owner equity.…
Q: In capital ledger account, debit side total is OMR 50,000 and credit side total is OMR 30,000.…
A: Ledger account is the T formatted account in which financial transactions are posted account wise.…
Q: Capital O, X, Y, and Z are $10,000, $15,000, $16,000 and $18,000, respectively. O has a loan balance…
A: Given, Profit sharing Ratio = 5:2:1:2 Remaining Cash = $6,000
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A: Solution: As per accounting equation: Assets = Liabilities + Equity Therefore Equity = Assets -…
Q: Assets - P100,00; Liabilities - P30,000; Equity - P20,000; Income - P60,000; Expenses - P10,000.…
A: Equity at the end can be calculated by adding up net income into the beginning equity balance.
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A:
Q: If the assets are $2,000,000 and liabilities are $1,600,000, what is the owners’equity?
A: The equation which balances the total of assets with the sum of total liabilities and total owners…
Q: 1. If total assets is P 50,000 and 2/3 of which is total liabilities, how much is the equity? 2. If…
A: Dear Student, As you posted multiple questions, Here we can answer only three questions, Please…
Q: a. Total assets of Charter Company equal $860,000 and its equity is $500,000. What is the amount of…
A: Introduction: A resource with economic value that an individual, corporation, or country owns or…
Q: Given non-current assets of £40,000, current assets of £13,000, current liabilities of £4,000,…
A: Assets = Liabilities + Equity (Current Assets + Non-current Asset) = (Current Liabilities +…
Q: 2. Assets of TMAM is P15,000 and Total Equity is P10,000, how much is the total Liabilities?
A: The accounting equation states that assets equals to total of liabilities and shareholders equity.
Q: Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said…
A: Total asset = 25,000,000 Liabilities = 1/3 of Assets = 25,000,000*1/3…
Q: The Dinmore Company has total assets of $6.4 million, current assets of $2.3 million, current…
A: Stockholders' equity (or business net worth) shows how much the owners of a company have invested in…
Q: Current assets are ₱2,000, current liabilities are ₱3,500. What is the current ratio?
A: Current ratio shows proportion of current asset in relation to current liabilities and reveals…
Q: If current assets are P90,000 and total assets are P270,000, what percentage of total assets are…
A: Given: Current assets = P90,000 Total assets = P270,000
Q: Jake Bake Shop has total liabilities amounting to $35,000. Total equity had an ending balance of…
A: Balance sheet means where all assets , liabilities and capital is shown. Accounting principles says…
Q: If liabilities are $114,000 and owner’s equity is $45,000, the amount of the assets is:
A: Assets: Assets are those items that provide value for money and future economic benefit for an…
Q: . Current Assets is P50,000, Non-Current Assets is P150,000.00, Current Liabilities is P10,000 and…
A: Hi student Since there are multiple questions, we will answer only first question.
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- CHAPTER 2 ASSIGNMENT Your client is having trouble figuring out where all her money goes each month. Here is her financial information for you to review: $355* STOCKS IN BROKERAGE ACCT $5,500 MASTER CARD BILL $245* MONTHLY PAYCHECK (GROSS) $3,000 PAYROLL TAX WITHHELD $ 600 MONTHLY MORTGAGE PAYMENT $530 MUTUAL FUNDS $2,100 401(K) RETIREMENT ACCT $4,500 $265 $275* SAVINGS ACCT BALANCE $2,300 MONTHLY CLOTHING EXPENSES $45 MONTHLY VISA BILL MONTHLY CAR PAYMENT MONTHLY UTILITY BILL CHECKING ACCOUNT BALANCE QUARTERLY AUTO INSURANCE (NOT YET DUE) ANTIQUE COIN COLLECTION CONDOMINIUM MONTHLY GROCERIES AUTOMOBILE FURNITURE MORTGAGE BALANCE AUTO LOAN BALANCE OTHER PERSONAL PROPERTY OTHER MONTHLY CASH EXPENSES ANNUAL MEDICAL EXPENSES *Bills represent the average of the prior month's charges AND ALSO current month's expenses. $825 $450 $3,250 $65,000 $225 $9,000 $5,500 $50,000 $4,225 $8,000 $150 $264If equity equals $100,000, which of the following is true? A. Assets exceed liabilities by $100,000. B. Liabilities exceed equity by $100,000. C. . D. None of the above is true.Net working capital is defined as:Select one:a. Fixed assets minus long-term liabilities.b. Current assets minus current liabilities.c. Total liabilities minus shareholders' equity.d. Current liabilities minus shareholders' equity.e. Total assets minus total liabilities.
- The is the cost of each financing component multiplied by that component's percent of the total funding amount. cost of capital IRR cost of debt NPVThe debt ratio is calculated by dividing:a. total assets by total debt.b. total debt by total assets.c. total assets by long-term liabilities.d. long-term liabilities by total assets.The cost of capital includes the cost of equity, the cost of long-term debt and the cost of accounts payable.
- How much is the tota assets? Show your solution. How much is the total liabilities? Show your solutionWorking capital represents the portion of current assets financing through long term funds. This indicates 1. Net Working Capital 2. Gross Working capital Select one: O a. 2 is correct O b. Both 1 and 2 are correct O c. 1 is correct O d. Neither of the two are correct9.Working capital is calculated as: Select one: Current assets plus current liabilities Current assets less current liabilities Assets less current liabilities Assets less liabilities
- The formula for current ratio is Select one: a. Current Assets plus current liablities b. Current assets less current liablities c. Current assets divided by current liablities d. Current assets divided by current liablities x 100The financial statements for MHM Bank (MHM) are shown below: Calculate the dollar value of MHM’s earning assets. Calculate the dollar value of MHM’s interest-bearing liabilities. Calculate MHM’s spread. Calculate MHM’s interest expense ratio.Calculate and show Total liabilities and Owners capital ?