What is the amount for bravo company revenue

Assignment Help Financial Accounting
Reference no: EM132984898

The information provided in a table for Bravo Company.

Balance 12/31/15
Assets ?????
Liabilities 117000
Equity 155000
Balance 12/31/16
Assets 295000
Liabilities 125000
Equity 170000

During the Year:
Additional Stock Issued 10000
Dividends paid to shareholders 5000
Revenue ????
Expenses 175000

Problem 1: What is the amount for Bravo Company's revenue in 2016?

Reference no: EM132984898

Questions Cloud

Which the adjusting entry necessary at the end of the fiscal : Which the adjusting entry necessary at the end of the fiscal period ending on Tuesday is? Buster Industries pays weekly salaries of $30,000 on Friday
Highest and best use of these two pharmaceutical drugs : What is the Highest and Best Use of these two pharmaceutical drugs and What is the Fair Value
Which is proper adjusting entry based on a prepaid insurance : Which is the proper adjusting entry, based on a prepaid insurance account balance before adjustment of $14,000 and unexpired insurance of $3,000.
What is effective interest rate for the bonds : The company records its bonds at amortized cost and uses effective interest rate method. What is effective interest rate for the bonds?
What is the amount for bravo company revenue : What is the amount for Bravo Company's revenue in 2016? The information provided in a table for Bravo Company, Liabilities 117000
Describe capital expenditures for a corporation : Describe capital expenditures for a corporation and discuss the process the business may/will take to assess the long-term decision. How will the business
How much was baltimore revenue for the year : How much was Baltimore's revenue for the year? Baltimore Company experienced a total increase in stockholders' equity of $120,000 during the current year.
How does omeprazole suppress helicobacter pylori : What is lean body weight and how does it differ from routine measurement - Is telithromycin as, or more, effective than clarithromycin in the treatment
How will the transaction affect the accounting equation : Gomez Service Company paid its first installment on a note payable of $2,000. How will this transaction affect the accounting equation?

Reviews

Write a Review

Financial Accounting Questions & Answers

  How long will take to double if invested at annual interest

Assuming annual compounding, how long will it take for the $10,000 to double if it is invested at an annual interest rate of 14 percent?

  Record the closing entries in general journal format for joe

Record the closing entries in general journal format for Joe's Surfing Supplies. Joe Surfer started Joe's Surfing Supplies on 1 July 2020.

  Identify the revenue and costs considerations

The firm partners expect client billing revenue will increase by 35% while costs will be reduced by 20%. Identify the revenue and costs considerations and other relevant issues that should be considered.

  What are two basic requirement of an internal control system

What are the two basic requirements of an internal control system? - Explain what separation of record-keeping from control of assets means and why you would use it.

  What would the growth rate have been

Microsoft earned $0.33 per share in 1997. Fourteen years later, in 2011, it earned $2.75. What would the growth rate have been

  Calculate npv and irr for both projects

Please give best answers to all questions on the exam with use of Excel, Excel sheets need to be attached when you submit the exam. The exam is open material, but you may not consult in any way with others.

  What is the balance in its common stock account after split

A company has 360,000 shares authorized, 200,000 shares issued, and 100,000 shares outstanding. The par value of its stock is $1 per share. The company does a 2-for-1 stock split. What is the balance in its Common Stock account after the split?

  What is the present value and valuation

What is the present value/valuation of the following? Perpetuity of $200 per year, discounted at 6% annually. Preferred stock with a dividend of $5 per year, discounted with a 9% required rate of return

  What is the amount of cash paid to bondholders for interest

Give the journal entry made by Olsen Products on April 1 , Year 2 , to record the semiannual payment of interest to bondholders

  How accounts receivable can impact liquidity ratios

How accounts receivable can impact liquidity and solvency ratios. Additionally, you may notice some companies use total receivables instead of net receivables

  What are the financial risks to healthcare organizations

What are the financial risks to healthcare organizations? What role do the accountants play in risk management? Why is it important to hire accountants that understand the unique needs of a healthcare organization?

  Find cash payments for wages and salaries

Evaluate Cash receipts from selling merchandise and find Cash payments for wages and salaries.

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