I understand how they got the answer. In the text book it listed:                                       Jan 1 2016          Dec 31 2016 Total Owner's Equity     198,300               214,200 I do not see this calcuated in the average assets nor in the solution  I also see:                                       Jan 1 2016          Dec 31 2016 Notes Payable              34,000                 54,000 I do not see this calcuated in the average assets nor in the solution  Do they not include this in the net income or average assets?

Concord Today Publishers completed the following investment transactions during 2024 and 2025: i (Click the icon to view the transactions.) Requirements 1. Journalize Concord Today's investment transactions. Explanations are not required. 2. On December 31, 2024, how would the Peaceful stock be classified and at what value would it be reported on the balance sheet? Requirement 1. Journalize Concord's investment transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank.) Dec. 6, 2024: Purchased 1,100 shares of Peaceful stock at a price of $21.00 per share, intending to sell the investment next month. Concord did not have significant influence over Peaceful. Date Credit 2024 Dec. 6 Accounts C Debit More info Dec. 6, 2024 Dec. 23, 2024 Dec. 31, 2024 Jan. 27, 2025 Purchased 1,100 shares of Peaceful…

Hartford Today Publishers completed the following investment transactions during 2024 and 2025: i (Click the icon to view the transactions.) Requirements 1. Journalize Hartford Today's investment transactions. Explanations are not required. 2. On December 31, 2024, how would the Golden stock be classified and at what value would it be reported on the balance sheet? Requirement 1. Journalize Hartford's investment transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank.) Dec. 6, 2024: Purchased 950 shares of Golden stock at a price of $35.00 per share, intending to sell the investment next month. Hartford did not have significant influence over Golden. Date Debit Credit 2024 Dec. 6 Accounts More info Dec. 6, 2024 -C Dec. 23, 2024 Dec. 31, 2024 Jan. 27, 2025 Purchased 950 shares of Golden stock…

Hello, how do I solve this problem? I attached the bottom part of the question and what it's asking for since it wouldn't fit in the screenshot. Assuming that total assets were $3,112,000 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 %

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Problem Solving#1: (Statement of Financial Position) Assume the following balances f Perseverance Company for the y ended December 31, 2016. IL Problem Solving#1: (Statement of Financial Position) Assume the following balances from Persearance Company for the year ended December 31, 2016 Cash Supplies Accounts Receivable Allowance for bad debts Loans Receivable(6maths) Machineries Accumulated depreciation- machineries Buiding Accumulated depreciation- building. Land Accounts Payable Notes Payable (trade) Loans Payable (18moths) Capital 250.000 180.000 100.000 20.000 220.000 190.000 22,000 1.250,000 250.000 1800,000 210,000 50,000 400.000 3.038.000

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Please see below. I need help with this asap please and thank you. The first picture is the information needed and the second has what the problem is asking for the answer to.