User Account

All Pages

What was the retained earnings on its balance sheet

Assignment Help Accounting Basics
Reference no: EM13510423

Columbia Construction Company earned $451,888 during the year ended June 30, 2011. After paying out $225,794 in dividends, the balance went into retained earnings. If the firm's total retained earnings were $846,972, what was the retained earnings on its balance sheet on July 1, 2010?

Reference no: EM13510423

Questions Cloud

What is the photoelectric cut-off wavelength : The work function for cesium, 1.81 eV, is much lower than the work function for other metals. What is the photoelectric cut-off wavelength
What is the magnitude of this force : Consider a 0.417-kg apple attached to a tree. Does the apple exert a gravitational force on the Earth? If so, what is the magnitude of this force
Major sociological theories to analyze the hypothesis : Use sociological terms and concepts from the current or previous chapters and the major sociological theories to analyze the hypothesis that "people use economic power (wealth and income) to gain social and political power."
Find the work required in each cycle : the inside and outside temperature of a carnot refrigerator are 10*C and 25*C, respectively. find the work required in each cycle
What was the retained earnings on its balance sheet : After paying out $225,794 in dividends, the balance went into retained earnings. If the firm's total retained earnings were $846,972, what was the retained earnings on its balance sheet on July 1, 2010?
Calculate the mean-median-range-variance : Calculate the mean, median, range, variance and standard deviation for both samples. For which sample is there a later age at first birth? Which has a larger range? For which sample is there more variability?
What will be the number of shares outstanding after split : If the common stock had a market price of $180 per share before the stock split, what would be an approximate market price per share after the split?
Find the direction of their displacement on the third day : A group of backpackers, after three days hiking, are 35 mi west of their starting position. Find the magnitude and the direction of their displacement on the third day
Appropriate for sociologically analyzing this situation : Using appropriate concepts and ideas (from lectures and the text), discuss what a social exchange theorist might find of sociological relevance in your decision to take this exam. By contrast, what would an ethnomethodologist find of interest in y..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find the firm asset turnover ratio and roa

Torrid Romance Publishers has total receivables of $2,820, which represents 20 days' sales. Total assets are $70,500. The firm's operating profit margin is 6.0%. Find the firm's asset turnover ratio and ROA. (Use 365 days in a year. Do not round i..

  Prepare the necessary journal entries for years ending

Prepare the necessary journal entries for the years ending December 31, 2011, 2012, and 2013. Show all computations - Estimated total future cash flows

  Prepare the adjusting journal entry on december 31 2010 to

worthington company issued 1000000 face value six-year 10 bonds on july 1 2010 when the market rate of interest was 12.

  1with respect to a corporation select the statement that is

1.with respect to a corporation select the statement that is correct. a. its organization requires an approved charter

  Total undiscounted cash flow in the final year

What is the total undiscounted cash flow in the final year of an investment, assuming: $10,000 after-tax cash flows from operations, the fully depreciated machine is sold for $1,000, the project had required $2,000 in additional working capital, a..

  The articles of partnership for a-b partnership provide for

the articles of partnership for a-b partnership provide for a salary allowance of 5000 per month for partner b with the

  Making a cash distribution plan

Prepare a cash distribution plan as of September 30, 2009, showing how much cash each partner will receive if the offer to sell the assets is accepted.

  Applying the book value method

The total unamortized bond discount at the date of conversion was $1,000,000. In applying the book value method, what amount should Morgan credit to the account "paid-in capital in excess of par," as a result of this conversion?

  Hue company employs the perpetual inventory system and

hue company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases.

  Pepsis accounts receivable turnover was 99 for this year

pepsis accounts receivable turnover was 9.9 for this year and 11.0 for last year. cokes turnover was 9.3 for this year

  What would be the minimum amount for which the noncash

the following account balances were available for the perry quincy and renquist partnership just before it entered

  How multinational companies benefits from the convergence

Explain how multinational companies benefits from the convergence/ harmonization of accounting standards.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd