How much is in common stock

Assignment Help Accounting Basics
Reference no: EM13258707

Young Company has $16,000 in Retained Earnings, $27,000 in Assets, and $5,000 in Liabilities. How much is in Common Stock?

a. $36,000.
b. $15,000.
c. $5,000.
d. $6,000.

Reference no: EM13258707

Questions Cloud

What is dollar amount needed during year : Bought real estate last year for $81,200 now worth $101,000. needs return of .20 during year what is dollar amount needed during year?
Calculate the sales revenue : Calculate the sales revenue reported by XYZ Company in its 2004 income statement.
Estimate the cost of capital for the project : You found a comparable company in the same line of business, which is also 100% equity financed. Risk free rate = 3%, market risk premium = 5%, and estimated beta of this comparable company is 0.83
What organizational changes will you work on in next months : What organizational change/changes will you work on in the next 12 months? What values, knowledge and skill will be involved?
How much is in common stock : Young Company has $16,000 in Retained Earnings, $27,000 in Assets, and $5,000 in Liabilities. How much is in Common Stock?
Question-delta sugar company : The management of Delta Sugar Company is considering whether toprocess further raw sugar into refined sugar. Refined sugarcan be sold for $1.75 per pound, and raw sugar can be sold withoutfurther processing for $1.05 per pound.
Prepare statement of changes in stockholder equity : Prepare an income statement, statement of changes in stockholder equity, period-end balance sheet, and statement of cashflows for the 2002 accoutning period.
Calculate the index of refraction of the mica sheet : A mica sheet 0.969 ?m thick is suspended in air. In reflected light, there are gaps in the visible spectrum at 460, 525, Calculate the index of refraction of the mica sheet
Determine the value of the resistance in terms of parameters : Show that a linear dependent current source controlled by a voltage appearing across an element in parallel with the dependent source is equivalent to a resistor. Determine the value of the resistance in terms of the parameters of the dependent so..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find out the adjusted gross income

Robert Brown age 21 is a full time student at Marshall college and a degree candidate for a bachelor's degree. During 201 he received the following payments. what is robert's adjusted gross income for 2010

  Determining gross margin for the year

Given the above information, determine Rupina's gross margin for the year. Note that since this was the company's first year of operations, beginning inventory was zero.

  Explain in general terms the accounting treatment

Accounting Homework:   Explain in general terms the accounting treatment to changes in terms of existing loans.  What should be the accounting treatment of the modification to Blueberry's note?

  Calculate the same ratios for the company

Exhibit 4 provides certain ratios for the Company's competitors. Calculate the same ratios for the Company but do so for the years 2007, 2008 and 2009. (You should prepare a table). Explain what each of the ratios implies about the Company.

  Adjusted balance on the bank reconciliation

What is the adjusted balance on the bank reconciliation?  Journalize any necessary entries for ABC, Inc. based on the bank reconciliation.

  Account for the work performed

What adjusting entry should Fortune make to account for the work performed from October 1 through December 31, 2009?

  Purchase journal-cash disbursements to record transactions

a. Use the purchases journal and the cash disbursements journal to record these transactions. b. Prepare a schedule of accounts payable. There were no accounts payable on May 1.

  Amount of unamortized bond discount

What should be the amount of the unamortized bond discount on April 1, 2011 relating to the bonds converted?

  Find the share price of bhp billiton

Find the share price of BHP Billiton(BHPBILL)for today.as?uming that no fees were paid,how many shares would you be able to buy with R20000?

  Determine the present value of the lease

Determine the present value of the lease payments at June 30, 2009 (to the nearest $000) that Blue uses to record the leased asset and lease liability.

  Journal entries-common-preferred-treasury stock

Consider the recording of journal entries related to common, preferred, and treasury stock. How does the record-keeping of these entries relate to business?

  Net income for the year amounted

The owner's equity in a business amounted to $56,000 at the beginning of the year and $100,000 at the end of the year. The owner had made no additional investments and had withdrawn $19,000 during the year. The net income for the year amounted to ..

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