User Account

All Pages

How much is the company shareholders equity

Assignment Help Accounting Basics
Reference no: EM132617173

Question - Cisco Enterprises reported total assets at December 31 totaling $68,500. The following selected amounts were taken from the company's financial statements for its year ending December 31:

Retained earnings, beginning $38,000

Sales $170,000

Accounts receivable 3,500

Common stock 10,000

Notes payable 8,000

Net income 12,500

Required - How much is the company's shareholders' equity as of December 31?

A. $48,000

B. $28,000

C. $60,500

D. $22,500

Reference no: EM132617173

Questions Cloud

Explain the repercussions of the psychological information : Psychology in the Justice System discusses police civil liability while on the job. In light of Monroe v. Pape, what psychological research, data, law.
Compute cash from financing activities : Burrow Corporation reported the following transactions and events in 2018: Stock repurchases 100,000. Compute Cash from financing activities
Prepare monthly cash budget for march and april : Prepare monthly cash budget for March and April. Current assets as of March 1 are composed of cash of $45,000 and accounts receivable of $51,000
What surprised you about ethics or ethics in psychology : Ethics form an important part of our daily life, our thoughts, and our behaviors. Psychologists, whether they teach, serve clients, or do research.
How much is the company shareholders equity : Cisco Enterprises reported total assets at December 31 totaling $68,500. How much is the company's shareholders' equity as of December 31
Why information on exact costs of overhead included in job : Your company does custom carpentry work. Why you did not send her information on exact costs of overhead included in her job
Determine the training needs required for trauma counselors : Determine the specific training needs required for trauma counselors. Describe how counselors know if they are acting outside their area of competence.
Describe the job dimensions of the firm : Describe an agency problem within the firm and discuss what you think is causing the problem and how the problem might be better controlled.
How rational choice and trait theorists view specific case : Describe how rational choice and trait theorists would view this specific case. Explain significant studies used by the theorists and how the studies might.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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