How much is the non-current liabilities

Assignment Help Financial Accounting
Reference no: EM132590061

Question 1: Current assets increased by $200,000 while noncurrent assets remained at $1,000,000. If the company's working capital of $50,000 did not change and the ending shareholders' equity is $500,000, how much is the non-current liabilities?

Reference no: EM132590061

Questions Cloud

Make memo to director to address request by internal auditor : In the spirit of cooperation, memo to the director to address his requests by internal auditor.You are a staff auditor in the internal audit department
Provide preliminary memo to the ceo as requested : Last year, R&G Furniture reported revenues of $142 million, Based on the information provided, preliminary memo to the CEO as requested. by internal auditor
Make a recommendation to yani : Use an annual worth analysis to make a recommendation to Yani. A special savings certificate that will pay $55 each month for 5 years
Find the amount of money the borrower will get : Find the amount of money the borrower will get from this bank account at the end of 6 yearsA loan of $30,000 has to be repaid at the end of 6 years from now
How much is the non-current liabilities : If the company's working capital of $50,000 did not change and the ending shareholders' equity is $500,000, how much is the non-current liabilities?
What is the best way to save money : What is the best way to save your money that will give you the greatest increase in wealth without too much risk and while still retaining some liquidity
How many would each store have to sell year : If the HDTVs are marked down to $650, how many would each store have to sell this year to make the same total gross profit as last year?
Prepare journal entries that should have been made : Prepare, in general journal form, all journal entries that should have been made during the fiscal year ended December 31 to record the preceding information
Determine what is the book value of the equipment : A business reports $125,000 for Equipment and $93,000 for Accumulated Depreciation-Equipment on its Balance Sheet. What is the book value of the equipment?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Construct the ek-cussas income statement

EK-CUSSA's fiscal year runs from January 1 through December 31. With the information above, you are required to construct EK-CUSSA's Income statement using the single-step method.

  Cornerstone printers company

At the beginning of August, Cornerstone Printers Company budgeted 26,000 books to be printed in August at standard direct materials and direct labor costs

  Balance sheet reported total assets

A company's January 1, 2017 balance sheet reported total assets of $150,000 and total liabilities of $60,000. During January 2017, the company completed

  What rules and regulations would guide the actions

Do you believe that you should listen to your supervisor? Why, or why not, what rules and regulations would guide the actions that you would take?

  What is the net present value if the discount rate

How high can the discount rate be before you would reject the project? What is the Net Present Value if the discount rate is 11%?

  Why derivatives should be accounted for at historical cost

Defend and support why the derivatives should be accounted for at historical cost.

  Journalize entries to record the common and preferred stock

Journalize the entries to record the (1) common and (2) preferred stock transactions summarized in the trial balance. For a compound transaction, if an amount box does not require an entry, leave it blank.

  Forecasting net income using pro forma income statementpro

forecasting net income using pro forma income statementpro forma income statement at the end of last year roberts inc.

  Price determined using the traditional method

Madison Company manufactures its only product using a single machine that has the capacity to operate 2,000 machine hours a year. This machine is rented at an annual cost of $100,000 and is the company's only manufacturing overhead cost.

  Identify the key stakeholders in financial management

Identify the key stakeholders in financial management and discuss their interests in an organisation. Many decisions in financial management

  Calculate the depreciation expense and derecognition amount

On 1 August 2016,Calculate the depreciation expense, derecognition amount and carrying amount of the asset year ended 29 February 2020

  What interest rate was used to determine

Jonas won a lottery that will pay him $200,000 at the end of each of the next twenty years. Zebra Finance has offered to purchase the payment stream for $2,718,000. What interest rate (to the nearest percent) was used to determine the amount of t..

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