Question
Please answer these questions and give an explanation as to the answer: Question 1 What ratio measures the underlying risk of a company? Question 2
Please answer these questions and give an explanation as to the answer:
Question 1
What ratio measures the underlying risk of a company? |
Question 2
Gaston Co. reports the following cash activities for the year:
Receive cash from customers | $100,000 |
Pay cash to purchase building | $90,000 |
Receive cash from issuance of stock | $50,000 |
Pay cash for employee salaries | $40,000 |
Pay cash for dividend to stockholders | $20,000 |
Receive cash from sale of land | $70,000 |
Pay cash for repayment of borrowing | $80,000 |
Receive cash from long-term borrowing | $60,000 |
Pay cash for purchase of supplies | $30,000 |
Question 3
Clothing Emporium was organized on January 1, 2015. The firm was authorized to issue 100,000 shares of $5 par value common stock. During 2015, Clothing Emporium had the following transactions relating to shareholders' equity: Issued 30,000 shares of common stock at $7 per share. Issued 20,000 shares of common stock at $8 per share. Reported a net income of $100,000. Paid dividends of $50,000. What is the total amount recorded in the Common Stock account at the end of 2015? |
Question 4
Gaston Co. reports the following amounts:
|
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