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
stepan [7]
3 years ago
6

Midyear on July 31st, the Chester Corporation's balance sheet reported:______. Total Liabilities of $51.391 million Total Common

Stock of $2.540 million Cash of $4.020 million Retained Earnings of $18.275 million. What were the Chester Corporation's total assets?
Business
1 answer:
Allisa [31]3 years ago
3 0

Answer:

$72.206 million

Explanation:

To get Chester Corporation's total assets, recall that;

Total liabilities = Total assets - (Retained earning + Total common stock)

Given that;

Total assets = ?

Retained earning = $18.275 million

Total liabilities = $51.391 million

Total common stock = $2.540 million

Total liabilities = Total assets - (Retained earning + Total common stock)

$51.391 = Total assets - ($18.275 + $2.540)

$51.391 = Total assets - $20.815

Total assets = $51.391 + $20.815

Total assets = $72.206

Therefore, Chester Corporation's total asset is $72.206 million.

You might be interested in
Based on the expectancy theory, managers who want to motivate their employees should: (select 2 that are true)
emmasim [6.3K]

Determine the rewards valued by each employee, link rewards to performance, determine what factors might counteract the effectiveness of a reward, and make sure the rewards are adequate for the level of performance.

<h3><u>What is expectancy theory?</u></h3>

Expectancy theory is a thought method that emphasizes personal preference and the decision-making process. The process that different people go through when making decisions is outlined by expectancy theory. These options could be decisions for the real world, educational decisions, or fun decisions.

These people base their decisions on expectations of the outcomes of their decisions. We frequently make clothing decisions based on our desire to be both comfortable and ready for the day's events.

Learn more about managers with the help of the given link:

brainly.com/question/14224713

#SPJ4

8 0
2 years ago
It is important to shop around for credit because banks and financial institutions?
Nat2105 [25]
Number 2 charge different fees
3 0
3 years ago
Read 2 more answers
What is true about government budget deficits and surpluses since​ 1940?
Pani-rosa [81]
I think your answer should be c. Hope this helps. :)
5 0
3 years ago
Explain the nature of mergers and acquisitions and the reasons why they may be used as a form of strategy development.
Drupady [299]

Answer:

Mergers and acquisitions consist of either joining two or more firms, or having one firm acquire another firm.

The rationale behind a merger or acquisiton is always strategic: a merger or an acquisition is carried out with the goal of improving the economic position and performance of the firms involved.

Some business strategies that can be implemented by a merger or acquisition are:

  • Horizontal integration: companies that sell similar products merge in order to join forces and expand their market reach.
  • Vertical integration: companies in the same industry, but that sell different products (for example, one company sells cars and the other sells bikes) merge in order to expand their market share.
  • Conglomerate formation: companies in different industries join in order to expand their markets even more.

3 0
3 years ago
What can be learned about ancient greeks from this passage? check all that apply<br><br>​
olga55 [171]

Answer:

the greeks were powerful people at a time then got overpowered by athens and romans but that will change

Explanatin

5 0
3 years ago
Other questions:
  • Which of the following decreases in labor demand is due to a change in product demand? rev: 06_21_2018 Multiple Choice An increa
    15·1 answer
  • Contractors Service, Inc., enters into a contract to build a restaurant for Dierdre’s Soup Spoons Bistro with Dierdre’s payment
    7·1 answer
  • Average maintenance costs are $1.50 per machine-hour at an activity level of 8,000 machine-hours and $1.20 per machine-hour at a
    13·1 answer
  • Skullcandy makes headphones. For 2016 it plans to offer a new product line of wireless headsets to the marketplace. It planned o
    15·1 answer
  • Your supplier offers a discount for purchase of 100 steaks at a time. You normally sell about 5 steaks a night and you don’t lik
    5·1 answer
  • As a noncommissioned employee in a company, your pay rate is most likely based on
    6·2 answers
  • For Waterway Industries, the predetermined overhead rate is 70% of direct labor cost. During the month, $400000 of factory labor
    15·1 answer
  • You manage inventory as per the Economic Order Quantity (EOQ) model. However, you realize that you incorrectly specified the fix
    11·1 answer
  • Write the importance of training.​
    6·1 answer
  • For tax reasons, your client wishes to purchase an annuity that pays $100,000 each year for 6 years, with the first payment in o
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!