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Question 3. Each of the cases (A, B, C, D, E) below are separate cases. Please compute the unknown amounts for EACH CASE. Independent Cases
Question 3. Each of the cases (A, B, C, D, E) below are separate cases. Please compute the unknown amounts for EACH CASE.
Independent Cases | Total Revenues | Total Expenses | Net Income (Loss) | Total Assets | Total Liabilities | Shareholders Equity |
---|---|---|---|---|---|---|
A | $100,000 | $82,000 | $ ?? | $150,000 | $70,000 | $ ?? |
B | $?? | 80,000 | 12,000 | 112,000 | $?? | 60,000 |
C | 80,000 | 86,000 | $?? | 104,000 | 26,000 | $?? |
D | 50,000 | $?? | 13,000 | $?? | 22,000 | 77,000 |
E | $?? | 81,000 | (6,000) | $?? | 73,000 | 28,000 |
Your Answer Should Look Like:
A. Net Income (Loss): $$ Shareholders' Equity: $$
B. Total Revenues: $$ Total Liabilities: $$
C. Net Income (Loss): $$ Shareholders' Equity: $$
D. Total Expenses: $$ Total Assets: $$
E. Total Revenues: $$ Total Assets: $$
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