The book value of shareholders equity, Financial Accounting

Manik Enterprises spent $10,000 to purchase farming equipment 5 years ago. This equipment is presently valued at $2,000 on today's balance sheet but could actually be sold for $4,500. Present assets total $3,700, current liabilities total $1,200 and long-term debt is $2,800. What is the book value of shareholders' equity?

Posted Date: 3/18/2013 2:57:53 AM | Location : United States







Related Discussions:- The book value of shareholders equity, Assignment Help, Ask Question on The book value of shareholders equity, Get Answer, Expert's Help, The book value of shareholders equity Discussions

Write discussion on The book value of shareholders equity
Your posts are moderated
Related Questions
Problem1 Derive from first principles an expression for the variance of the benefits payable under an endowment assurance with benefits payable at the end of the year of death.

Q. Show the Basis of weightings? (i) Both costs of capital (Ke and Kd) as well as the WACC have been calculated using current   ex-dividend (ex-interest) market values rather t

During FY 2014, the voters of Surprise County approved construction of a $21 million police facility and an $11 million fire station to accommodate the county's population growth.

Carnival Cruise Lines This question has two parts. Answer both parts. Structure your response using headings and subheadings where appropriate. The use of tables and point fo

Juniper Ltd is a listed diversified company.  In preparing its financial statements in accordance with AASB 8, the chief operating officer has identified three operating segments:


Permanent accounts would not include a interest expense b wage payable c prepaid rent d unearned revenues

The Garraty Company has two bond issues outstanding.Both bonds pay $100 yearly interest plus $1,000 at maturity. Bond L has a maturity of 15 years, and Bond S a maturity of 1 year.


ABC Analysis: ABC that is Always Better Control analysis is an application of the principle of 'Management by Exception' to the field of inventory control. If we seem at the in