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
Refer to Note 12, Employee Benefit Plans and Other Postretirement Benefits (pp. 86-91) from the Consolidated Financial Statements of Harley-Davidson (hereafter HOG) 2008 Annual Rep

On January 1, 2012, Osborn Company sold 12% bonds having a maturity value of $800,000 for $860,651.79, which provides the bondholders with a 10% yield. The bonds are dated January

Question: The following information was extracted from the books of William Noel for the year ended 30 April 2009.

Q. Evaluate Value of rights per existing share? Rights issue price = 4·00 × 0·85 = $3·40 Theoretical ex rights price = ((5 × 4·00) + 3·40)/6 = $3·90 Value of rights per e

I have an assignment due in four hours. Is it possible to get an inquiry if at least half of it can be done within that time?

The Statement of Affairs The statement of affairs sets out: (a) The various assets of the debtor, at the values they are expected to realise; (b) The creditors, classified acc

1. The acceptance of a capital budgeting project is usually evaluated on its own merits. That is, capital budgeting decisions are treated separately from capital structure decision

Courts application for grant A court may: 1) Wherein a deceased person is proved whether by production of a will or authenticated copy of the will or by oral evidence of its

SMALL BANKRUPTCIES The court may order the estate of a debtor to be administered summarily, if the debtor's assets are not likely to exceed Shs 12,000 in value.  This is known

Q. Prior period adjustments a. may only increase retained earnings. b. may only decrease retained earnings. c. may either increase or decrease retained earnings. d. do not affect r