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
s2008m [1.1K]
3 years ago
15

Bear tracks, inc., has current assets of $2,180, net fixed assets of $9,400, current liabilities of $1,355, and long-term debt o

f $3,990. What is the value of the shareholders' equity account for this firm? (do not round intermediate calculations and round your answer to the nearest whole number,
e.G., 32.) shareholders' equity $ 6235 how much is the company's net working capital? (do not round intermediate calculations and round your answer to the nearest whole number,
e.G., 32.) net working capital $ 825 hintsreferencesebook & resources hint #1
Business
1 answer:
abruzzese [7]3 years ago
3 0

(a) Total assets = Current assets + Fixed assets  

Total assets = 2180 +9400 = 11,580

Total liabilities = Current liabilities + long term debt

Total liabilities = 1355+3990 = 5,345

According t the accounting equation, Stockholders equity = Total assets - Total liabilities =  11,580-5,345 = 6,235

Stockholders equity = $6,235

(b) Working capital = Current assets - Current liabilities

Working Capital = 2180-1355

Working Capital = $825

You might be interested in
When sending workplace e-mails, it is important to
ikadub [295]
I'd say choice A is the most important because you want to seem like a good, responsible employee
8 0
2 years ago
What is down payment with regarding to buying a house?
mart [117]
The down payment is an initial payment made when something is bought on credit. It usually depends on the type of house or any other form of object
5 0
3 years ago
Alfred is saving up money for a down payment on a townhouse. He currently has $5016$ 5016, but knows he can get a loan at a lowe
VikaD [51]

Answer:

It will take Alfred to accumulate the $5994 annually 4.1367 and monthly 4.0557

Explanation:

In order to calculate how long will it take Alfred to accumulate the $5994 we would have to use the following formula:

A=P(1+r/n)∧n*t

P=$5,016

A=$5994

r=4.4%

n=1 annually

n=12 monthly

Therefore, t annually would be as follows:

5,994=$5,016(1+(4.4%/100)/1)∧1*t

t=4.1367

Therefore, t monthly would be as follows:

5,994=$5,016(1+(4.4%/100)/12)∧12*t

t=4.0557

It will take Alfred to accumulate the $5994 annually 4.1367 and monthly 4.0557

7 0
2 years ago
Explain how rewards/penalties help people make decisions
olganol [36]
Okay so rewards and penalties make people make better decisions. So like if I don't get questions wrong on a test I receive $5 from my parents, but if I fail a test I'm grounded for a week. So I study more to get money. (this is not actually me just making an example). Rewards make people want to do better, and so do penalties. I don't want to do bad and get punished for it.
8 0
3 years ago
Read 2 more answers
The difference between a​ firm's operating income and income before taxes is​ _____. The difference between a​ firm's ​before-ta
monitta

Answer: Option A

Explanation: Operating income refers to the income that the company earns from performing its core operations. It is also denoted as EBIT. Thus, the difference between operating income and income after tax is the tax that has been deducted from the operating income.

While calculating accounting profit, opportunity cost is not deducted from the revenue hence before tax and after tax depicts the investments that were made to earn that profit.

3 0
2 years ago
Read 2 more answers
Other questions:
  • Which of the following statements is most accurate concerning delivering negative messages.
    10·1 answer
  • Merry Maidens Cleaning generally charges $280 for a detailed cleaning of a normal-size home. However, to generate additional bus
    13·1 answer
  • In free-enterprise systems around the world, there are
    13·2 answers
  • The cases filed at The Cross Company related to gender discrimination include one in which a 33-year-old sales representative wa
    15·1 answer
  • When a principal is unidentified Group of answer choices the agent and principal will be jointly and severally liable on the con
    12·1 answer
  • John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's r
    14·1 answer
  • Which industry is the source of essential raw materials?
    11·2 answers
  • A loan to a company or government that pays investors a fixed rate of truth over a specific timeframe is known as:
    7·1 answer
  • Prob(Total time in process > t) = EXP(-t/T) T = (1/(Rp - Ri)) = (1 / Rs) R = min(Ri, Rp) u=R/Rp Dominic runs an appliance rep
    15·1 answer
  • Jay, a divisional vice president of a consumer goods manufacturer, gives a presentation to all divisional employees to outline t
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!