User Account

All Pages

What will be the amount reported for liabilities

Assignment Help Accounting Basics
Reference no: EM132689924

In 2017 Robot Inc. reported total assets as $15,750 and total liabilities as $7,560.  You must show your calculations and answer both A) and B) correctly to receive full credit for this question.

Question A) Use the accounting equation to solve for the amount of equity in 2017.

Question B) If in 2018, Robot's assets increase by $3,000 and the equity decreases by $1,950, what will be the amount reported for liabilities in 2018?

Reference no: EM132689924

Questions Cloud

What characteristics of traditional development : What characteristics of traditional development can be considered advantages? Why?
What might you do before training to increase the likelihood : If you are a manager responsible for employee training, what might you now do before, during or after training to increase the likelihood of training transfer.
Compute what is amount of depletion that should be recorded : Frederick extracted and sold 125,000 tons of ore. What is the amount of depletion that should be recorded? Round total the nearest whole dollar.
Several potential problems associated with prototyping : User Interface Design and discusses several potential problems associated with prototyping.
What will be the amount reported for liabilities : If in 2018, Robot's assets increase by $3,000 and the equity decreases by $1,950, what will be the amount reported for liabilities in 2018?
Beer game supply chain stimulation : The aim is to convince the Board of Directors that you have improved supply chain flow and that you should continue managing the supply chain.
Determine how much should be recorded as goodwill : Determine how much should be recorded as Goodwill for this transaction? Annapolis had assets & liabilities appraised at the time of the sale in the amounts
Explain the job characteristics theory : Explain the job characteristics theory. How doe it tie in with intrinsic compensation? What is a stock option? Why are they used? What does it mean when an.
Generational and cultural values affect the workplace : Discuss and assess how differences in generational and cultural values affect the workplace -in your home country(india) and here in Canada.

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