User Account

All Pages

Solve the amount of the capital

Assignment Help Financial Accounting
Reference no: EM132505497

Question 1: Basil Yamey is setting up a new business. Before selling anything, he bought a van for £9,000; a transportable market stall for £1,800; a computer for £280; and an inventory of goods for £11,200. Fie did not pay in full for his inventory of goods and still owes £5,000 for them. Fie borrowed £8,000 from Luca Pacioli. After the events just described, and before trading starts, he has £900 cash in hand and £6,300 in the bank. Calculate the amount of his capital.

Reference no: EM132505497

Questions Cloud

What would his average selling price per unit need to be : Due to a lack of available time. If Alton wants to generate a profit of $10,000 per month, what would his average selling price per unit need to be?
What would the spending variance be for the total : $125,000 for 11,000 lounge chairs produced, what would the spending (flexible budget) variance be for the total manufacturing overhead?
Does the owner of the new ordinary shares get the dividend : If dividend of $0.05 is being paid in December 2020; does the owner of the new 500000 ordinary shares get the dividend? Or is it only the 1.5 Million previous
How much is the total present value of the bond issue : How much is the total present value of the bond issue including interest (cash received on the bond issue date? ) Marks Supplies pans to issue 8% 8 year.
Solve the amount of the capital : After the events just described, and before trading starts, he has £900 cash in hand and £6,300 in the bank. Calculate the amount of his capital.
What is the payment amount would be expected to pay : If decided to purchase a car for $10,000. The dealer offers to finance the car at 8% interest. What is the payment amount would be expected to pay?
What will be the reaction of the shareholders : It is profitable for companies not to declare any dividend even when they are making good profits. What will be the reaction of the shareholders? Discuss.
What would the balance sheet section for bonds : What would the balance sheet section for bonds look like after retirement of the bonds? information extracted from the books of Acme Company on November.
What is the value of the stock at the beginning : What is the value of this stock at the beginning of 2013 when the required return is 14.8 percent? This growth is expected to continue.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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