In a recent year, the total assets of Dell Inc. equal $ 47,540 million and its equity
Question:
In a recent year, the total assets of Dell Inc. equal $ 47,540 million and its equity is $ 10,701 million. What is the amount of its liabilities? Does Dell receive more financing from its owners or nonowners? What percentage of financing is provided by Dell's owners?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
To find the amount of liabilities for Dell Inc you can use the accounting equation textTotal Assets ...View the full answer
Answered By
GERALD KAMAU
non-plagiarism work, timely work and A++ work
4.40+
6+ Reviews
11+ Question Solved
Related Book For
Financial And Managerial Accounting For MBAs
ISBN: 9781618533593
6th Edition
Authors: Peter D. Easton
Question Posted:
Students also viewed these Business questions
-
In a recent year, the total assets of Best Buy equal \$16,787 million and its liabilities equal \(\$ 13,072\) million. What is the amount of Best Buy's equity? Does Best Buy receive more financing...
-
Total assets of The Coca-Cola Company equals $87,896 million and its liabilities equal $68,919 million. What is the amount of its equity? Does Coke receive more financing from its owners or...
-
Total assets of Macy's, Inc. equals $19,381 million and its equity is $5,661 million. What is the amount of its liabilities? Does Macy's receive more financing from its owners or nonowners, and what...
-
explain the term " system development" and describe the steps involved in system development
-
Explain the Challenges for Democracy that the New Public Service Poses. Understand the "new public service" and Describe how it differs from older models.
-
Mahela is a trader. He took goods costing $100 for his own use. How would Mahela record this in his ledger? Account to be debited Account to be credited A drawings inventory drawings purchases C...
-
A 5-m-diameter parachute of a new design is to be used to transport a load from flight altitude to the ground with an average vertical speed of \(3 \mathrm{~m} / \mathrm{s}\). The total weight of the...
-
Round tree Manufacturing Co. is preparing its year-end financial statements and is considering the accounting for the following items. 1. The vice president of sales had indicated that one product...
-
Zeing Manufacturing pays taxes of 20% on all pre-tax income up to and including $200,000. For pre-tax income above $200,000, the tax rate is 32%. If Zeing Manufacturing's contribution margin ratio is...
-
Use the accounting equation to compute the missing financial amounts (a), (b), and (c). Which of these companies is more owner-financed? Which of these companies is more nonowner-financed? Discuss...
-
One of Warren Buffett's acquisition criteria is to invest in businesses "earning good return on equity, while employing little or no debt." Why is Buffett concerned about debt?
-
Bauman Companys total current assets, total current liabilities, and inventory for each of the past 4 years follow: a. Calculate the firms current and quick ratios for each year. Compare the...
-
The Jacobson/Karels algorithm sets TimeOut to be 4 mean deviations above the mean. Assume that individual packet round-trip times follow a statistical normal distribution, for which 4 mean deviations...
-
What is the justification for the exponential increase in timeout value proposed by Karn and Partridge? Why, specifically, might a linear (or slower) increase be less desirable?
-
Show the result of the moves on Rubik's cube indicated in Problems 3-29. Remember that R, F, L, B, T, and U mean rotate \(90^{\circ}\) clockwise the right, front, left, back, top, and under faces,...
-
Show the result of the moves on Rubik's cube indicated in Problems 3-29. Remember that R, F, L, B, T, and U mean rotate \(90^{\circ}\) clockwise the right, front, left, back, top, and under faces,...
-
For the data structures given in the previous problem, give the XDR routine that encodes/decodes these structures. If you have XDR available to you, run this routine and measure how long it takes to...
-
The Abram Manufacturing Company in Rochester, Minnesota, assembles and tests electronic components used in handheld video phones. Consider the following data regarding component T24: The activities...
-
Federated Shipping, a competing overnight delivery service, informs the customer in Problem 65 that they would ship the 5-pound package for $29.95 and the 20-pound package for $59.20. (A) If...
-
Slip Systems had no short-term investments prior to 2013. It had the following transactions involving short-term investments in available-for-sale securities during 2013. Feb. 6 Purchased 3,400...
-
Troyers long- term available- for- sale portfolio at December 31, 2012, consists of the following. Troyer enters into the following long- term investment transactions during year 2013. Jan. 13 Sold...
-
Kasey Hartman is the controller for Wholemart Company, which has numerous long- term investments in debt securities. Wholemarts investments are mainly in 5-year bonds. Hartman is preparing its year-...
-
Vail Inc. manufacturers towels that are sells sold to hotels and resorts. Currently, the company has capacity to produce 600,000 towels per year; however, actual production is 520,000. Vail Inc....
-
To estimate the value of Paul's investment at maturity, calculate the number of years until Paul will go to university, and use compound interest to calculate the value of Paul's investment at that...
-
What is the financial impact (financial/fiscal ramnification of artificial intelligence (AI)) on the econonly and jobs starting with federal or legislative statutes or regualtions and its influences...
Study smarter with the SolutionInn App