1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mrac [35]
3 years ago
9

Determine the following:_______

Business
1 answer:
MaRussiya [10]3 years ago
7 0

Answer:

a.

Total Stockholders' equity = $124000

b.

Retained earnings = $227000

c.

Total assets = $788000

Explanation:

a.

The basic accounting equation states that the value of total assets is always equal to the sum of the values of total liabilities and total stockholders' equity.

Total assets = Total liabilities + Total Stockholders' equity

451000 = 327000  +  Total Stockholders' equity

Total Stockholders' equity = 451000 - 327000

Total Stockholders' equity = $124000

b.

The total stockholders' equity section of a company can be further divided into two components namely common stock and retained earnings. Thus, the basic accounting equation can be rewritten as,

Total assets = Total liabilities + Common Stock + Retained earnings

787619000 = 226000 + 166000 + Retained earnings

Retained earnings = 619000 - 392000

Retained earnings = $227000

c.

Total assets = Total liabilities + Common Stock + Retained earnings

Total assets = 401000 + 201000 + 186000

Total assets = $788000

You might be interested in
How are command group in menu tabs
Lera25 [3.4K]

Answer:

Typically, related commands are clustered together on the same menu or toolbar. Menus typically are displayed as one-word strings clustered in a row at the top of the integrated development environment (IDE) or a tool window.

Explanation:

7 0
3 years ago
Taking into account recent technological developments what technical advances do you think are possible in the next twenty years
9966 [12]

Answer:

1. Automation and robotics

2. Hyperloop and autonomous vehicles

3. Smart drones

4. Virtual reality learning

5. Space vacation (tourism)

Explanation:

1. Automation and robotics: This will continue to transform the manufacturing sector in various ways with use of Internet of Things (IoT), learning though data collection and analysis, there will be a general increase in robotic integration.

2. Hyperloop and autonomous vehicles: pneumatic tube that uses a series of linear induction motors and compressors to propel vehicles at super fast speeds. Hyperloop’s technology will be the future of long distance travel in the world. Also, autonomous vehicle technology will become a safer alternative to human driving.

3. Smart drones: The use of drones for delivering parcels, Medicine, Pizza, and all types of goods is receiving large investment from Google, Amazon, Walmart and so on. Drones will be the future of delivering items in future.

4. Virtual reality classrooms and meetings: This is a technological advancement that will provide an engaging and immersive experience in learning and other virtual meetups without leaving ones current environment.

5. Space vacation (tourism): This will give opportunity to the members of the public to buy tickets(return tickets) to travel to the space and probably stay for a given period. With the help of companies like Spacex, Orbital Technologies etc, space tourism is becoming a realistic target.

5 0
3 years ago
At September 1, 2012, Baxter Inc. reported Retained Earnings of $272,000. During the month, Baxter generated revenues of $40,000
LiRa [457]

Answer:

$284,000

Explanation:

Movements in the retained earnings account are as a result of the payment of dividend and the addition of the income or loss for the year.

Given that

Baxter generated revenues = $40,000

incurred expenses = $24,000

purchased equipment = $10,000 and

paid dividends = $4,000

Net income/(loss) = $40,000 - $24,000

= $16,000

Retained Earnings at September 30, 2012

= $272,000 + $16,000 - $4,000

= $284,000

6 0
3 years ago
In which of the following cases is outsourcing likely to be the best solution to the firm's data processing needs? a) Peterson I
Alex73 [517]

Answer:

a) Peterson International is a trenchcoat wholesaler to retailers around the world. Sixty percent of sales orders are taken during the months of August and September. Peterson needs a system to manage online ordering and fulfillment.

Explanation:

Outsourcing likely to be the best solution to the firm's data processing needs because Peterson International is a trenchcoat wholesaler to retailers around the world. Sixty percent of sales orders are taken during the months of August and September. Peterson needs a system to manage online ordering and fulfillment.

5 0
3 years ago
The date on which the principal amount is repaid to the bondholder is known as the​ ________.
blagie [28]
The answer is “Bond Maturity Date”.
8 0
1 year ago
Other questions:
  • Ratio Calculations Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.2x Return on assets (ROA) 5% R
    8·1 answer
  • Mackenzie, a successful store manager, leads her employees by encouraging them and showing that she genuinely believes in them.
    6·1 answer
  • Lucas is in first grade and works hard to print his alphabet letters on the lines on his notebook paper. in which direction is t
    6·1 answer
  • Samuelson has a beginning inventory balance on January 1 of 12,000 units and desires an ending balance of 20% of the next month’
    13·2 answers
  • MachineTools.com sells grinders, boring mills, and engine lathes. Its Web site lists goods from over 700 machinery manufacturers
    7·1 answer
  • Garland Inc. offers a new employee a single-sum signing bonus at the date of employment, June 1, 2018.
    14·1 answer
  • The Big Black Bird Company​ (BBBC) has a large order for special​ plastic-lined military uniforms to be used in an urgent milita
    11·1 answer
  • HELP PLEASE<br><br> 20 points :)
    5·2 answers
  • I purchased my home for $297,000 in 2015. Today it is worth approximately $520,000. What has my compounded annual rate of return
    7·2 answers
  • Applying Travis Hirschi’s control theory, which person is most likely to conform to the norms of society
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!