Reference no: EM13913845
Use the accounting equation to answer each question that follows. Show any cal- culations you make.
1. Oshkosh Company's assets are $400,000, and its stockholders' equity is $155,000. What is the amount of its liabilities?
2. Salvatore Company's liabilities and stockholders' equity are $72,000 and $79,500, respectively. What is the amount of the assets?
3. Radisson Company's liabilities equal one-third of the total assets, and stockholders' equity is $160,000. What is the amount of its liabilities?
4. At the beginning of the year, Sun Company's assets were $275,000, and its stockholders' equity was $150,000. During the year, assets increased $75,000 and liabilities decreased $22,500. What is the stockholders' equity at the end of the year?
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The suta rate in yengling company state
: Yengling Company's payroll for the year is $593,150. Of this amount, $211,630 is for wages paid in excess of $7,000 to each individual employee.
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Gross income as the recovery of a prior deduction
: Orange Furniture must include $ in gross income as the recovery of a prior deduction.
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About the treasury bonds
: Consider the following: A foreign automobile company builds a manufacturing plant in USA and Chinese investors buy U.S. Treasury Bonds. PLEASE EXPLAIN YOUR REASONING
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Required return equal to the expected return
: Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However, investors expect Simpkins to begin paying dividends, with the first dividend of $2.00 coming 3 years from today. what is..
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What is the stockholders equity at the end of the year
: At the beginning of the year, Sun Company's assets were $275,000, and its stockholders' equity was $150,000. What is the stockholders' equity at the end of the year?
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What is his average velocity
: A man leaves the garrage in his house and drives to a neighbouring town which is twenty kilometres away from his house on sight-seeing. He returns home to his garrage two hours after. What is his average velocity from home in km/h?
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Garrison shops had a suta tax rate
: Garrison Shops had a SUTA tax rate of 2.7%. The state's taxable limit was $8,000 of each employee's earnings.
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What is the value per share of your firms stock
: Assume that the average firm in your company's industry is expected to grow at a constant rate of 4% and that its dividend yield is 6%. Your company is about as risky as the average firm in the industry. what is the value per share of your firm's sto..
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Identify strategic aspects of levi positioning exercise
: The Levi product has not really changed since the Gold Rush days. How do you account for the phenomenal transformation to become an American icon and 'coveted symbol of the casual, unpretentious American lifestyle'?
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