What is the value of the shareholders equity account

Assignment Help Accounting Basics
Reference no: EM132056538

Question - KCCO, Inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,000.

What is the value of the shareholders' equity account for this firm? (Do not round intermediate calculations.)

How much is net working capital?

Reference no: EM132056538

Questions Cloud

Discuss audit objectives for auditing income tax accounts : Discuss the audit objectives for auditing income tax accounts. Examine sales returns for approval by an authorized official
Current pace and extent of globalization : What is the current pace and extent of globalization of the world economies and what fuels it?
What were the reasons that the united states : What were the reasons that the United States did not return to depression times.
What is the price elasticity range : When ABC Corp. increases price from 1x to 1.2x and loses between 7 percent and 27 percent of volume, what is the price elasticity range?
What is the value of the shareholders equity account : KCCO, Inc., has current assets of $6,000, net fixed assets of $25,100, What is the value of the shareholders' equity account for this firm
Discuss the socio-technical aspects of applications : MN504 - Networked Application Management - discuss the metrics that are related to performance of such applications. For IPTV, analyse critically
What was the corporation market-to-book ratio : The corporation also had cash of $10 million of USDs, and total debt of $268 million USDs. What was the corporation's book debt-equity ratio
Develop incident response plan and procedures : Develop incident response plan and procedures for a variety of digital forensic situations. Evaluate environment for global/international influences.
Calculate the contribution margin per unit : Variable selling expense is the redemption of a coupon, which averages $1.05 per T-shirt; Calculate the Contribution margin per unit

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determining the product cost

Product cost: ABC Company believes that it has an additional 5,000 machine hours available in the current facility before it would need to expand.

  Howells correct ending inventory balance

What is Howell's correct ending inventory balance at December 31, 2010?

  What is the equity income in steinbart

Inventory held at the end of one year by Alex is sold at the beginning of the next. What is the equity income in Steinbart

  Prepare an absorption costing income statement

On June 30, 2016, the end of the first month of operations, Tudor Manufacturing Co. prepared the following income statement, based on the variable costing.

  Prepare a statement of cash flows using the direct method

the comparative balance sheet of green earth lawn and garden inc. for december 31 2008 and 2009 is as follows assets

  Finney container company is suffering declining sales of

finney container company is suffering declining sales of its principal product non-biodegradable plastic cartons. the

  Prepare a single-step income statement

Income tax expense has not yet been accrued. The income tax rate is 40%. Prepare a single-step income statement for 2011

  Stower research issues bonds dated january 1 2011 that pay

stower research issues bonds dated january 1 2011 that pay interest semiannually on june 30 and december 31. the bonds

  Determine the main purpose of a statement of realization

Assume that John, James, and Jane are considering creating a legal business entity to develop and market their idea for a web application. Recommend the most appropriate type of business activity (i.e., a general partnership, a limited liability p..

  Compute the ending work in process inventory balance

Total direct labor incurred on all jobs during June was $60,900. Compute ending work in process inventory balance and the total cost assigned to finished jobs

  Determine uptons projected external capital requirements

Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, and ships them to its chain of retail stores.

  What should mary do take the payment right now

Mary has won the Iowa lottery and is faced with a tough choice: What should Mary do: take the payment right now or wait for the 20 payments

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