Answer:
$125,000
Explanation:
total assets $160,000 = total liabilities $90,000 + total equity $70,000
income statement:
revenues $210,000
<u>expenses $120,000</u>
net income $90,000
<u>- dividends $35,000</u>
retained earnings $55,000
stockholders' equity at end of the year = $70,000 + $55,000 = $125,000
The answer would be that the answer is true
Answer:
A, it brings into question the quality of earnings.
Explanation:
The quality of earning refers to the amount of income that is as a result of the activities of a company.
for example, if the profits posted by a company is very high as a result of taking decisions like improving sales or reducing the cost of production, it means the quality of earning of that company is high.
Quality of earnings is calculated by ratio by dividing the net cash from operational activities by net income.
the formula, simply put is
Quality of earning ratio = Net cash from operational activities
-----------------------------------------------------------
Net Income
i hope this helps.
The number of shares outstanding is: 138,000 shares.
<h3>Number of shares outstanding</h3>
Using this formula
Number of shares outstanding=Shares issued-Shares of treasury stock
Where:
Shares issued=173,000
Shares of treasury stock=35,000
Let plug in the formula
Number of shares outstanding=173,000-35,000
Number of shares outstanding=138,000 shares
Inconclusion the number of shares outstanding is: 138,000 shares.
Learn more about number of shares outstanding here:brainly.com/question/25630152