Items from the 2013 income statement, statement of retained earnings, and balance sheet of Electronic Arts, Inc.,
Question:
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Transcribed Image Text:
Electronic Arts, Inc. Comm Dividends Net Income (Loss) Retained Earnings. Beginning of Year Retained Earnings. End of Year Total Assets Total Expenses Total Liabilites Total Revenues on Stock $2.280 (80) 5,100 2,200 3,800
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
a 100 b 20 c 3700 Electronic Arts was profitable because its revenues 3800 were greater than its exp...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Question Posted:
Students also viewed these Accounting questions
-
The following information was reported in the December 31, 2012, financial statements of Southwest Airlines, Inc. (listed alphabetically, amounts in millions). 1. Prepare an income statement for the...
-
General Mills is a manufacturer of food products, such as Lucky Charms cereal, Pillsbury crescent rolls, and Green Giant vegetables. The following items were presented in the companys financial...
-
Using the following table and the equations underlying each of the four basic financial statements, show (a) That the balance sheet is in balance, (b) That net income is properly calculated, (c) What...
-
Why is it likely to have preexisting normal faults in an orogenic belt?
-
(a) What is the resistance of an immersion-type heating coil if it is to generate 15 kJ of heat per minute when it is connected to a 120-V source? (b) What would the coils resistance have to be if...
-
For a given a hydrogen atom to be acidic, the C?H bond must be parallel to the p orbital?s of the C=O bond (that is, perpendicular to the plane of the adjacent carbonyl group). Identify the most...
-
Consider a payoff \(C\) that will occur in 2 years, taking one of the three possible values \(C_{0}, C_{1}, C_{2}\). The short rate lattice for these 2 years is shown in Figure 16.16, with \(d_{i...
-
Mr. Fresser, age 67, owns 80% of the common shares of Fresser Ltd., a CCPC. The other 20% is owned by his daughter, Elana, who has worked in the business with Mr. Fresser for the past 22 years. When...
-
Net income for June\ Withdrawals by Billie Soares in June\ Additional investment by Billie Soares in June\ 115,000\ 25,000\ 50,000 \ a. Prepare a statement of owner's equity for the month ended June...
-
How might sleep deprivation influence aspects of expectancy theory? How might the incorporation of nap rooms for sleep-deprived employees influence aspects of equity theory?
-
Items from the income statement, statement of retained earnings, and balance sheet are listed below in alphabetical order. For the companies shown in each column, solve for the missing amounts....
-
Match each definition with its related term or abbreviation by entering the appropriate letter in the space provided. Term or Abbreviation Definition 1. SEC A. A system that collects and processes...
-
The following list of items was extracted from the December 31, 2023, trial balance of Future Products Corp. Using the information contained in this listing, prepare the companys multiple-step income...
-
Take the example of two countries that produce random amounts of rice and can trade claims on that product. Suppose the two countries also develop fisheries but cannot export the fishes because of...
-
Measures of Location The values of P 50 , Q 2 , and the median are found for the net incomes reported on all individual 1040 tax forms filed last year. What do those values have in common?
-
Some businesses make a practice of sending goodwill messages to some of their customers. Pick a business you patronize that might logically send some thank-you notes. Write a suitable note and design...
-
Early the next day, the bank invests \($35\) million of its excess reserves in commercial loans. Later that day, terrible news hits the mortgage markets, and mortgage rates jump to 13%, implying a...
-
To avoid insolvency, regulators decide to provide the bank with \($27\) million in bank capital. Assume that bad news about mortgages is featured in the local newspaper, causing a bank run. As a...
-
Find the exact length of side b in the figure. 17 12 b
-
The tractor is used to lift the 150-kg load B with the 24-mlong rope, boom, and pulley system. If the tractor travels to the right at a constant speed of 4 m/s, determine the tension in the rope when...
-
Given the transactions in M3-17 and M3-18 (including the examples), prepare an income statement for Swing Hard Incorporated for the month ended February 28, 2013. (This income statement would be...
-
The following accounts are taken from the December 31, 2010, financial statements of Time Warner, Inc. (Amounts are in millions.) Service Revenue...................... $ 9,028 Other...
-
Match each definition with its related term by entering the appropriate letter in the space provided. Term Definition 1. Expenses 2. Unearned Revenue 3. Prepaid Expenses 4. Revenues A. A liability...
-
Using the data from Giffen Behavior and Subsistence Consumption, estimate the parameters of the following simple linear regression model: =1 %Astapleit Bo+B1% A Pit + Ei,t for each region: Hunan and...
-
make a scenario for each of the following Gesture communication Facial expression communication Oral communication Written communication discuss briefly each scenario
-
Problem 7-30 Holding Period Yield (LO2) The YTM on a bond is the interest rate you earn on your investment if interest rates don't change. If you actually sell the bond before it matures, your...
Study smarter with the SolutionInn App