Saved01-03)If a company receives $12,600 from a stockholder, the effect on the accounting equation would be:Multiple ChoiceAssets decrease $12,600 and equity decreases $12,600.Assets increase $12,600 and liabilities decrease $12,600.Assets increase $12,600 and liabilities increase $12,600.Liabilities increase $12,600 and equity decreases $12,600.Assets increase $12,600 and equity increases $12,600.Prev1 of 10Next >

Total assets = Total liabilities + Stockholders' equity. Cash is an asset and common stock is part…

Answered: If a company receives $12,600 from a…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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If total liabilities increased by $70500 during a period of time and stockholders' equity decreased by $37000 during the same period, then the amount and direction (increase or decrease) of the period's change in total assets is a(n) O $107500 increase. O $70500 increase. O $33500 increase. O $33500 decrease.
If total assets decreased by $49,820 during a period of time and stockholders' equity increased by $28,861 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is
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6. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio (c) Return on capital employed. Sales returns RO 300,000 RO 70,000 RO 40,000 RO 40,000 Reserve and Surplus RO 25,000 Sales Opening stock Direct expenses Net profit Closing stock Purchases Share Capital Long term Loans RO 10,000 RO 25,000 RO 140,000 RO 100,000 RO 50,000
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If a companys assets decreased $50,000 and it's liabilites decreased $90,000, how much does the stockholders equity increase or decrease? Please explain why as well. Thank you!
36 - In which financial statement are the incomes that cause an increase in equity and expenses that cause a decrease in equity? a) Balance B) Profit Distribution Table NS) Income statement D) Equity Changes Table TO) Cash Flow Statement
If total liabilities decreased by $80,000 during the period and stockholders’ equity increased by $60,000 during the same period, the amount and direction (increase or decrease) of the period’s change in total assets is:
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 %
The stockholders' equity will be reduced by all of the following except a.dividends b.expenses c.revenues d.all of these
If a company has an increase in total expenses of $10,000, which of the following is possible? a. Total liabilities decrease by $10,000. b. Total assets increase by $10,000. c. Total stockholders’ equity increases by $10,000. d. Total assets decrease by $10,000.
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