If, during the year, total liabilities increased by $95,000 and total stockholders' equity decreased by $75,000, what is the amount of total assets at the end of the year?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If, during the year, total liabilities increased by $95,000 and total stockholders' equity decreased by $75,000, what is the amount of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Keith McPherson earned $20,000 last year as a carpenter. He paid $6,000 for food, rent, medical expenses, and other "necessities." There was little construction work in February, so he took a trip to the Caribbean and spent $4,000.
Answers (1)
All of the following are basic requirements for a fulfilling career except: A. being challenging enough to be engaging but not over whelming B. a reasonable commute C. continual overtime D. being interesting enough to keep people motivated
Answers (1)
Del Norte Brick Co. is located near the intersection of Texas, New Mexico, and Mexico. Improved access to the company's property is via a small bridge across the Rio Grande. The cost of the bridge was $780,000.
Answers (1)
Gipple Corporation makes a product that uses a material with the quantity standard of 8.3 grams per unit of output and the price standard of $7.00 per gram. In January the company produced 4,400 units using 25,870 grams of the direct material.
Answers (1)
Guiness Inc. has a budgeted production of 8,000 units. Each unit requires 40 minutes of direct labor work to complete. The direct labor rate is $100 per hour. What is the budgeted cost of direct labor for the month
Answers (1)
New Questions in Business
What causes changes from one phase of the business cycle to another?
Answers (1)
Worthy Ships initially issued 400,000 shares of $1 par stock for $2,000,000 in 2021. In 2023, the company repurchased 40,000 shares for $400,000. In 2024. 20,000 of the repurchased shares were resold for $320,000.
Answers (1)
A new mall will be constructed in a large city. Why are business owners most likely viewing a topography map before construction? a. to find flat areas of land for building b. to identify key landforms in the area c.
Answers (1)
True or False? An environmental office is one that is concerned with managing resources so these resources do not negatively affect the environment.
Answers (2)
Bruno's stock should return 14 percent in a boom, 11 percent in a normal economy, and 4 percent in a recession. The probabilities of a boom, normal economy, and recession are 8 percent, 90 percent, and 2 percent, respectively.
Answers (1)