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please answer ALL 10 questions Question 1 (5 points) A company buys equipment with a $10,000 cash payment. Which parts of the BaSIS framework will
please answer ALL 10 questions
Question 1 (5 points) A company buys equipment with a $10,000 cash payment. Which parts of the BaSIS framework will change? Only Assets are effected Assets, Liabilities Assets, Expenses Assets, Revenue Assets, Equity Question 2 (5 points) A company makes a $5,000 payment on their bank loan. What happens to the Cash account? It increases. It decreases. It is not effected. Question 3 (5 points) A company has Total Assets of $100,000, Total Liabilities of $60,000, what is the value of Total Equity? $40,000 $60,000 $100,000 It depends on how much the owners have invested. A company has Liabilities of $30,000 and Assets of $100,000. What is the Debt/Asset Ratio? \begin{tabular}{|l|} \hline 30% \\ \hline 70% \\ \hline 60% \\ \hline 130% \\ \hline \end{tabular} Question 5 (5 points) A company has Assets of $100,000, Liabilities of $80,000, and Equity of $20,000. What is the Assets/Equity multiple? 4 times or 4:1 5 times or 5:1 80 or 80% 2 times or 2:1 Question 6 (5 points) A company has Assets of $100,000, Liabilities of $40,000, and Equity of $60,000. What in the Debt/Equity Ratio? 1.5:1 0.67:1 1:2.5 6:10 A company has Assets =$100,000, Liabilities =$20,000, and Equity =$80,000. What is the Leverage rate (percentage)? \begin{tabular}{|l|} \hline 80% \\ \hline 25% \\ \hline 20% \\ \hline 400% \\ \hline \end{tabular} Question 8 (5 points) A company sells 100% ownership to investors and issues 10 shares of stock. They raise a total of $1,000,000. What is the book value of one share of stock? $100,000$1,000,000 It depends on how much retained earnings the company has. It depends on what the stock sells for in the market. Question 9 (5 points) A company sold 20% ownership to investors for $100,000. Yesterday, the stock was sold in the market for $10,000. What in the implied market capitalization of the company? $10,000$50,000$100,000$500,000 A balance sheet can be effected by transactions in four ways. Which one of these is NOT one of those ways? Assets increase, Obligations increase Assets decrease, Obligations decrease Assets increase, Equity decreases Assets increase, Assets decrease Step by Step Solution
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