Totaling it out. It would be just about 5 percent
Answer:
$212,000
Explanation:
Stockholders' equity = December 31, 2018 stockholders'equity + 2019 net income - 2019 cash dividend declarations + 2019 common stock issue
Stockholders' equity = $163,000 + $21,700 - $5,700 + $33,000
Stockholders' equity = $212,000
So, the total stockholders' equity as of December 31, 2019 is $212,000
D. the bank will deduct $300 from her account.
Answer:
Particulars Amount
<u>Cash Flows from Operating Activities</u>
Net Income $9,000
<em>Adjustments to reconcile net income to </em>
<em>Net Cash flows from Operating Activities</em>
Depreciation Expense $1000
Gain On Sale of land ($800)
Decrease in accounts payable ($700)
Increase in prepaid expenses ($100)
Increase in salaries payable $400
Decrease in Inventories $1100
Amortization of bond premium <u>($300)</u> <u>$600</u>
Net Cash flows from operating activities <u>$9,600</u>