What is the companys total liabilities

Assignment Help Accounting Basics
Reference no: EM133359947

Question: The total assets of Sierra Company are $58,000. Owner's Capital is $27,000; drawings are $6,400; revenues $45,000; and expenses = $35,00. What is the company's total liabilities

Total assets of Birch CO. are $345,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Birch CO. owner equity.

Reference no: EM133359947

Questions Cloud

How can we explain such a difference : At the same time, our net cash flows showed positive results. How can we explain such a difference
Should be included as an asset in the balance sheet : Our junior accountant insists that we should recognise these amounts as expenses, but the directors are adamant that the total $105,000 should be included
Write a java method for the algorithm you have designed : Write a Java method for the algorithm you have designed. Input the ID using the keyboard. While testing/executing the method, you can use between 10-15 sample
Benefits of information governance strategy : Discuss three organisational benefits of an information governance strategy applicable to the insurance company.
What is the companys total liabilities : AC 114 Purdue Global University Total assets of Birch CO. are $345,000 and its liabilities are equal to two-thirds of its total assets. What is the amount
How does fadiman portray these sorts of difficulties : How does Fadiman portray these sorts of difficulties? And finally, how would Farmer likely contextualize this kind of suffering.
Are there any legitimate business reasons : Are there any legitimate business reasons for the irregular journal entries identified, or are they legitimate signals of potential fraud
How to implement blue ocean strategy : How to Implement Blue Ocean Strategy. What are the implications for my professional behavior and success?
What does each item you observed signify : What does each item you observed signify? Consider its meaning as a single detail and then as its relationship to the overall scene. Reconstruct

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