What is maries total stockholders equity as of december

Assignment Help Accounting Basics
Reference no: EM131805108

On December 31, 20X1, Marie Company has the following account balances.

Accounts Receivable - 15000

Sales Revenues - 845000

Gain on sales of equipment - 14000

Retained earnings (beginning) - 20,000

Accounts Payable - 25000

Loan Payable - 45000

Cost of good sold - 650,000

Cash - 6000

Inventory - 11000

Common Stock - 41000

Operating Expenses - 210,000

Dividends - 34000

Unearned revenue - 5000

Property, plant and equipment - 45000

Prepaid Rent - 50000

Bonds Payable - 26000

Given these data, what is Marie's Total Stockholders Equity as of December 31, 20x1.

61,000

96,000

26,000

67,000

12,000

Reference no: EM131805108

Questions Cloud

Project schedule and assumptions and more clarification : You are the superintendent on a $50 million hotel renovation project in downtown Boston. Your project is on schedule, the grand opening date
Examine the allocated interest and taxes : Examine the allocated interest and taxes closely in the "Current Result" columns of the spreadsheet.
Develop a list of key performance indicators : Performance reports are a valuable tool for gauging the financial well-being and progress of a health care organization.
Project managers tend to focus on negative risks : 1. Why do you think project managers tend to focus on negative risks? Support your opinion with evidence.
What is maries total stockholders equity as of december : what is Maries Total Stockholders Equity as of December, Marie Company has the following account balances.
Key components of a risk management plan : 1. Why do you think project managers tend to focus on negative risks? Support your opinion with evidence.
Discuss the role and responsibilities of operations managers : Discuss the role and responsibilities of operations managers whilst recognising that operations management concepts apply to both product and service.
Compute amount of overhead to be allocated to each product : Total overhead $ 193,400, Compute the amount of overhead to be allocated to each product under activity-based costing
Identify the two recommendations for nursing education : Identify the two recommendations for nursing education you believe will be most effective or radical in creating change within the industry.

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