Question
Please answer the following based on the chart below. For company (A): 1. What is the amount of equity of December 31, 2010? 2. What
Please answer the following based on the chart below.
For company (A):
1. What is the amount of equity of December 31, 2010?
2. What is the amount of equity of December 31, 2011?
3. What is the amount of liabilities on December 31, 2011?
For company (B):
4. What is the amount of equity of December 31, 2010?
5. What is the amount of equity on December 31, 2011?
6. What is the net income for year 2011?
For comapany (C):
7. Calculate the amount of assets for December 31, 2011.
For company (D):
8. Calcu;ate the amount ofstock issuancesfor year 2011.
For company (E):
9.culate the amount of liabilities on December 31, 2010
THANK YOU !!
The following table contains financial information from 5 different companies:
Company A | Company B | Company C | Company D | Company E | |||||||||||
December 31, 2010 | |||||||||||||||
Assets | $ | 48,000 | $ | 37,440 | $ | 30,720 | $ | 85,440 | $ | 131,040 | |||||
Liabilities | 39,360 | 26,208 | 16,588 | 58,953 | ? | ||||||||||
December 31, 2011 | |||||||||||||||
Assets | 51,000 | 36,720 | ? | 92,820 | 140,760 | ||||||||||
Liabilities | ? | 24,969 | 16,743 | 44,553 | 111,200 | ||||||||||
During year 2011 | |||||||||||||||
Stock issuances | 6,000 | 1,400 | 9,750 | ? | 6,500 | ||||||||||
Net income (loss) | 11,810 | ? | (580) | 14,780 | 7,852 | ||||||||||
Cash dividends | 3,500 | 2,000 | 5,875 | 0 | 11,000 |
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