What is the value of the shareholders equity

Assignment Help Accounting Basics
Reference no: EM13515338

Building a Balance Sheet

Penguin Pucks, Inc., has current assets of $3,000, net fixed assets of $6,000, current liabilities of $900, and long-term debt of $5,000. What is the value of the shareholders equity account for this firm? How much is net working capital

Reference no: EM13515338

Questions Cloud

Explain grignard reagent made from magnesium : grignard reagent made from magnesium and 1-chloro-2-methylpropane with lables charges on the C-Mg bond
What is projected addition to retained earnings : Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. What is the projected addition to retained earnings?
A projectile is fired straight upward at 166m/s : A projectile is fired straight upward at 166m/s
Compute the heat content of the cracker : A chemist burns a a saltine cracker in a calorimeter containing 2.0 kg of water. The water temperature increases from 25.0°C to 29.7°C. Calculate the heat content of the cracker in J per cracker.
What is the value of the shareholders equity : Penguin Pucks, Inc., has current assets of $3,000, net fixed assets of $6,000, current liabilities of $900, and long-term debt of $5,000. What is the value of the shareholders equity account for this firm? How much is net working capital
How should you quote the measured value : How should you quote the following measured value and associated error in the form xbest ± Δx?
Obtain the friction force : a block having mass m= 10kg rests on a horizontal surface. Us+.4 and Uk=.2. what is the friction force if an external horizontal force of 32N is exerted on the block
Define the standard enthalpy of atomization for sodium : Given that the standard enthalpy of atomization for sodium is 108.4 KJ/mol, calculate the energy in kilojoules required to convert 1.40 mol of sodium metal at 25 celsius to 1.4 mol of gaseous Na+ ions. (Ionization energy of Na(g) is 495.9 KJ/mol)
What is the net income for this firm : Papa Roach Exterminators, Inc., has sales of $432,000, costs of $210,000, depreciation expense of $25,000, interest expense of $8,000, and a tax rate of 35 percent. What is the net income for this firm?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Advertising supplies expense

Windsor advertising company's trial balance for december 31 shows advertising supplies $6700 and advertising supplies expense $0.on December 31,there are 2700 of supplies on hand. prepare the adjusting entry at December 31.

  Dversification increases when

diversification increases when decreases.a. variabilityb. returnc. riskd. a and ce. all of

  What is balance of the deferred gross profit account

What is the balance of the Deferred Gross Profit account and show what the Accounts Receivable and Deferred Gross Profit accounts look like.

  Determine who you would choose to lay off and explain why

from the scenario determine who you would choose to lay off and explain why. propose criteria that can be used to

  Specific prices over general price level

Inflation was 8 percent during the most recent year and your organization's investment in land rose 12 percent. If the beginning appraised land value was $1,000,000, what increase in specific prices over general price level would be reported, stat..

  Deduction for moving expenses

In which of the following situations is the taxpayer not allowed a deduction for moving expenses?

  The percentage of uncollectible sales is 15 percent of net

during 2014 deluca company had net sales of 5700000. most of the sales were on credit. at the end of 2014 the balance

  Double-declining-balance with salvage value

Delivery Vehicle-Henry purchase a new delivery vehicle on April 1,2011 for 80,000. The vehicle is to be depreciated over 7 years using double-declining-balance with a salvage value of 10,000.

  Speedy parcel service operates a fleet of delivery trucks

speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the companys

  Absorption costing of bush company

During the last year, Bush Company had net income under absorption costing which was $5,500 lower than its income under the variable costing.

  Preferred stockholders receive their dividends before

a dividend preference for preferred stock means that preferred stockholders receive their dividends before common

  Which of the following products probably would be

which of the following products probably would be manufactured using a job order costing system?a. paperb. baseball

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