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Question - Please explain the following and calculation. If during the year total assets increase by $70,000 and total liabilities decrease by $13,500, by how much did owner's equity increase/decrease?
a. 70,000 increase
b. 83,500 decrease
c. 83,500 increase
d. 56,500 decrease.
Describe how the acquisition affects Number Crunching's balance sheet.
carillion company is considering the disposal of equipment that is no longer needed for operations. the equipment
Farah Snack Co. has earnings after taxes of $150,000. Interest expense for the year was $20,000; preferred dividends paid were $20,000; and common dividends paid were $30,000. Taxes were $22,500. The firm has 100,000 shares of common stock outstan..
On December 31, 2010, $390 of salaries has been accrued. Journalize the payment of the payroll
Prepare journal entries on the Bolton Company books to record all the events noted above under each of the following bases
Write the definition for Law of Demand
Amanda's interior Design has credit sales of $783,000, costs of goods sold of $418,000, How long does it take its credit customers to pay for their purchases
use the following information to calculate the liquidity and profitability ratios listed below. round to two decimal
Fit Fran recently launched her own set of healthy nutritious drinks. Compute the variances for the individual flavores and total sold: Sales volume
The McKan Company experiences the following annual incomes over the last five years: Using a non-weighted earnings model, what is the value of the firm
The Ness Company sells $5,000,000 of five-year, 10% bonds on January 1, 2011. The bonds have an effective yield of 9%.
company a is a manufacturer with current sales of 3500000 and a 50 contribution margin. its fixed costs equal 1200000.
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