How much did shareholders initially invest in the business

Assignment Help Accounting Basics
Reference no: EM132513452

Question - Baltimore Company reports total assets and total liabilities of $231,000 and $90,000, respectively, at the conclusion, of its first year of business. The company earned $81,500 during the first year, and distributed $29,000 to shareholders as dividends. How much did shareholders initially invest in the business?

Reference no: EM132513452

Questions Cloud

How long will take to bring balance down to zer0 : You owe $12,000 on a credit that charges 24% APR. If you make monthly payments of $300, how long will it take you to bring your balance down to zero?
Determine the book value of the investment : Big Bad Company's stock was trading on the open market for $11 per share at the end of the year. Use this information to determine the book value of investment
Determine the unrealized gain or loss on the investment : Use this information to determine the unrealized gain or loss on the investment that should be reported at year end by All Good Company
What amount should francisca report for diluted earnings : Francisca owns 4,900 of these warrants. What amount should Francisca report for diluted earnings per share
How much did shareholders initially invest in the business : The company earned $81,500 during the first year, and distributed $29,000 to shareholders as dividends. How much did shareholders initially invest in business
Implementation of enterprise resource planning : You are in the planning stage for an implementation of an enterprise resource planning (ERP) solution for your firm.
Prepare the General Journal entry for the August : Use this information to prepare the General Journal entry (without explanation) for the August 31, 2018 monthly lease payment
Customer are impressed with your project schedule : Your project sponsor and customer are impressed with your project schedule, How will that affect scope, costs, and schedule?
Potential business level strategies for the organization : You will be evaluating various strategies and making recommendations for the organization. Evaluate potential business level strategies for the organization.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd