User Account

All Pages

Calculate the stockholders equity on december

Assignment Help Accounting Basics
Reference no: EM131660571

Question - The following information is taken from the financial statements of Gray Company during its third year of operations:

Jan 1, 2013   Dec 31, 2013

Total Assets $77,000 $89,000

Total Stockholders' Equity $61,000

2013 Revenue

$22,000 2013 Expenses

$15,000 Dividends Paid

$18,000

Additional Information:

Total Stockholders' Equity as at January 1, 2013 is composed of: Common Stock $30,000 Retained Earnings $31,000

Required: Calculate the Stockholders' equity on December 31, 2013.

Reference no: EM131660571

Questions Cloud

Design and implement a custom environment for your maze game : ITECH7201 - Design and implement a custom environment for your maze game and Write two Unit test cases for each of the methods
The organization contributed to the quality movement : How has the organization contributed to the quality movement. Examine advantages and disadvantages of each organization.
Number of sole proprietors who are sellers of home products : Faraway Corp. is considering entering into two contracts, one with a joint stock company that distributes home products east of the Mississippi River.
How do you best determine its credibility and reliability : When reviewing a journal article, how do you best determine its credibility and reliability. Why is it important to determine the strength of evidence
Calculate the stockholders equity on december : Total Stockholders' Equity as at January 1, 2013 is composed of: Common Stock $30,000 Retained Earnings $31,000. Calculate the Stockholders' equity on December
Calculate the percentage utilization of the graduate student : Calculate the percentage utilization of the graduate student. Calculate the average number of students in the system, excluding the graduate student service.
Describe the impact on dro of the change in returns : Are net sales or average receivables primarily driving the Y1-Y2 change in DRO? Describe the impact on DRO of the change in returns.
Conduct a personal interview with a current or past manager : Conduct a phone or personal interview with a current or past manager. The write up should be between three to five pages in length, and all sources used need.
Discuss why is it important to clinical studies : Form a PICO question that you will use for your change project. Include each element of the PICO

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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