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Artemon [7]
4 years ago
9

What is the total stockholders' equity based on the following account balances?Common Stock $1,800,000Paid-In Capital in Excess

of Par 120,000Retained Earnings 570,000Treasury Stock 60,000a. $2,190,000.b. $2,430,000.c. $2,550,000.d. $1,680,000.
Business
1 answer:
Julli [10]4 years ago
3 0

Answer:

b. $2,430,000

Explanation:

The computation of the total stockholder's equity is shown below:

= Common Stock + Paid-In Capital in Excess of Par + Retained Earnings - Treasury Stock

= $1,800,000 + $120,000 + $570,000 - $60,000

= $2,430,000

While computing the total stockholder equity, we deducted the treasury stock as it reduces the balance of  equity whereas other items increase the balance of the equity, so we added it.

Hence, all other options are wrong except b. option

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assume that your publicly traded company attempts to be completely transparent about its financial condition, and provides thoro
snow_tiger [21]

Answer:

A company's stock price is defined by the demand the market has over it, by the analyst researching it and their forecast of growth, as well as the performance of the company at generating income.

Explanation:

The P/E ratio or price over earnings ratio is the ratio that explains the price of a stock. We take the price of the stock and then divide it by the earnings per share obtained by quarter and then by year when the fiscal year is over. It is influenced by the demand of the stock in the markets, by the projection analyst may have after researching the company and by the income, the company generates. Today there is an overvaluation of the stocks in all the markets. However by following the advice of W. Buffett and Peter Lynch, as well as Soros we can find undervalued stocks.

8 0
3 years ago
Bear Tracks, Inc., has current assets of $2,280, net fixed assets of $10,400, current liabilities of $1,405, and long-term debt
Vera_Pavlovna [14]

Answer: $7185

Explanation: Shareholders equity refers to the amount of funds that are collected by the company by selling their ownership rights in the market to the general investors.

As per the subject matter of accounts, every asset that is owned by an organisation is either financed by the available funds or some liability is taken to buy it. This could be illustrated as follows :-

assets =  shareholders equity + liabilities

Putting the values into equation we get :-

$2280 + $ 10,400 = $1,405 + $4090 + shareholders equity

therefore :-

shareholders equity = $7185

6 0
3 years ago
According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security tax and $500,000 was
solmaris [256]

Answer:

Credit to salaries payable of $364,500

Explanation:

There is important to undestand some vocabulary for business aproach.  

A credit to salaries are the amount that the companies owed to their employees.

3 0
3 years ago
​Stelloh's Berry Farm accepted a bankminusissued credit card in payment of a $ 1 comma 300 sales transaction.​ Stelloh's bank ch
Leya [2.2K]

Answer:

Debit Cash $1,261

Dr card discount expense $39,

Credit Sales Revenue for $1,300

Explanation:

​Stelloh's Berry Farm Journal entries

Debit Cash $1,261

($1,3,00-$39)

Dr card discount expense $39,

(3%×$1,300)

Credit Sales Revenue for $1,300

4 0
3 years ago
Which of the following things can help you get a lower interest rate when you receive a loan?
Marta_Voda [28]
I you go for a shorter term your monthly pay will go up but you interet rate will lower. 
7 0
3 years ago
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