How much is the owner equity

Assignment Help Accounting Basics
Reference no: EM133136088

Question - Assume a community clinic has $520,000 in assets and $70,000 in liabilities. How much is the owner's equity?

a- $590,000

b- $500,000

c- $450,000

d - Do not have enough information

Reference no: EM133136088

Questions Cloud

What is the value in today dollars of this lease contract : What is the value, in today's dollars, of this lease contract, if you can reliably earn 3.4% compounded semiannually in a low-risk investment
Describe the compensation philosophy : Describe the compensation philosophy. How does the market influence this philosophy?
Making the position description : When an organization grows large enough to hire an HR person, the first thing that this person spends time working on is to create job descriptions for all the
Pros and cons of internal versus external job candidates : What are the pros and cons of internal versus external job candidates?
How much is the owner equity : Question - Assume a community clinic has $520,000 in assets and $70,000 in liabilities. How much is the owner's equity
Determine success or failure : Outline two performance metrics that an HR manager might use to measure or monitor a performance management initiative.
Mention about the market pay : Craft a Compensation plan for your startup company.'
Rights and responsibilities for employee : 2. Interpret FIVE (5) rights and responsibilities for employee and FIVE (5) rights and responsibilities for employer as stipulated under OSH Act, 1994.
How much is the carrying amount of the building : On December 31, 2022, Villar Co. classified its building with a carrying amount of P5,000,000. How much is the carrying amount of the building

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