On September 25, 2018 Colson Corp. sold 200,000 widgetrons to Cavanaugh Corp at $5 per unit. Half of the units were delivered on
1 answer:
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Answer:
210,421 Long-Term Liabilities
Explanation:
We are going to use the accounting equation to solve for long term liabilities
Total Assets
cash 23,015
Account Receivables 141,258
Inventory 213,000
other current assets 11,223
PPE 714,100
goodwill and other assets 78,656
Total Assets 1,181,252
common stock 311,300
retained earnings 512,159
Total equity 823,459
We use he accounting equation to get total liabilities:
1,181,252 - 823,459 = 357,793 Total Liabilities
Now we calcualte the short-term debt
126,257 Account Payable
21,115 short-term Note Payable
Total Current Liabilities 147,372
And with this, the diference between short-term adn total liabilities is the long-term liabilities
357,793 - 147,372 = 210,421 Long-Term Liabilities
Answer: 11.05 %
Explanation: Required return can be defined as the measure of profitability of business in relation to its different types of securities such as equity, preference and debt.
In this problem we can compute return on equity by using following formula :-
11.05%