brandonlvasquez2984 brandonlvasquez2984
  • 11-09-2018
  • Business
contestada

Wims, 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.
a. What is the value of the shareholders' eq

Respuesta :

tirana tirana
  • 22-09-2018

Total assets = Current assets + Fixed Assets

Total assets = 6000+25100

Total  assets = 31,100

Total liabilities = Current liabilities + Long term debt

Total liabilities = 4950+12000

Total liabilities = 16,950

According to accounting equation, stockholder's equity = Total assets - total liabilities

Stockholder's equity = 31,100-16,950 = 14,150

Value of Stockholder's equity = $14,150

Answer Link

Otras preguntas

when resistors are connecting in a series ,does the position of ammeter make any difference ?
what is the inverse of y=4x-2
How do I work out this problem, How many ways can the letters in the word "WISCONSIN" be arranged?
with appropriate pronoun____________ man took the bat.
"Lady Brown is talking to her dog in Japanese" In which language does lady brown talk to her dog. Is it correct?
if it is 10;25 p.m. what time was it 11 hours and 55 minutes before that?
( innovation in agriculture for sustainable future prospects and challenges ) paragraph      plz help me ...
A planet has two moons.  The first moon has an orbital period of 1.262 Earth days and an orbital radius of 2.346 x 104 km.  The second moon has an orbital radiu
A 50 meter path surrounds a rectangular garden . The width of the garden is two-thirds its length. find its area.
What is NADPH2 ? where is it used?