If the liabilities are $4,000,000 and the owners equity is $1,200,000, what are the assets worth?

Question:

If the liabilities are $4,000,000 and the owners’ equity is $1,200,000, what are the assets worth?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Introduction To Materials Management

ISBN: 978-9386873248

8th edition

Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen

See More Books

Question Posted: Jul 01, 2019 08:41 AM

See More Questions

In question 9.12, how much would profit increase if the materials costs are reduced by $200,000? In question 9.12 Given the following data, calculate the gross margin and the net income. Revenue =...
The local fire department uses 10,000 alkaline flashlight batteries per year, which cost $4 each. The cost of ordering batteries is estimated to be $50. The current interest rate suggested by the...
Given the following data, calculate the average demand and the standard deviation. Period Actual Deviation Deviation Demand Squared 1700 2100 1900 4 2200 5 2000 6. 1800 7. 2100 2300 8. 2100 10 1800...
Plastic Co Pte Ltd (Plastico) is a Fiji company. The company has issued and paid up capital of $250,000 held in equal parts by two brothers. The companys business involves making plastic products for...
Sunlight strikes the surface of a lake at an angle of incidence of 30.0. At what angle with respect to the normal would a fish see the Sun?
Suppose P 1 , P 2 , P 3 , and p 4 are specific polynomials that span a two-dimensional subspace H of P 5 . Describe how one can find a basis for H by examining the four polynomials and making almost...
Reconsider Problem 65. Plot a graph of capital recovery cost versus useful life for lives 1 to 25 by 1. Data from problem 65 Crush Autosmashers can purchase a new electromagnet for moving cars at a...
Preparing pro forma income statements with different assumptions Top executive officers of Zottoli Company, a merchandising firm, are preparing the next year's budget. The controller has provided...
In establishing a new herb farm, your employer has asked you to estimate the bulk density of the farm's soil. Here are the raw data you have assembled using five relatively undisturbed soil cores...
The radio music listener market is diverse. Listener formats might include adult contemporary, album rock, top 40, oldies, rap, country and western, classical, and jazz. In targeting audiences,...
If the assets are $2,000,000 and liabilities are $1,600,000, what is the owners equity?
Given the following data, calculate the gross margin and the net income. Revenue = $3,000,000 Direct labor = $700,000 Direct material = $900,000 Factory overhead = $700,000 General and administrative...
Take a stopwatch to a football game and estimate the hang time of several punts. Also note how far (in yards) each punt travels horizontally. Do the highest punts have the longest hang times? Do they...
The switch in the circuit in Figure has been at position a for a long time before moving to position b at t = 0. Find the voltage Vo(t) for t>0. 75 V +1 5 a 10 (1) b 10 i (1) t = 0 :40 nF 40 +1...
Consider the follwing bond:annual coupon 5%, .maturity 5 years, annual compounding frequency. 1. What is its relative price change if its required yield increases from 10% to 11% 2. What is its...
(1) Consider the following functions. f(x) = X g(x) = tan (x) - 7x 1+x Write the formula for the functions (a) (fog)(x) and (b) (gog) (x). 1 can be expressed in the form (2) Find functions f(x) and...
A block with a mass of m= 1.21 kg starts from rest on an inclined surface. The surface makes an angle = 32.5 from horizontal. The coefficient of kinetic friction between the block and the surface is ...
Amsterdam Company is preparing a fairness opinion in response to an offer it has received to buy the company. The following information was collected: Beta Return on assets Payout ratio Debt ratio...
For the beam and loading shown, (a) Write the equations of the shear and bending-moment curves, (b) Determine the magnitude and location of the maximum bending moment. u: = ico sin L.
A fuel pump sends gasoline from a car's fuel tank to the engine at a rate of 5.88 10-2 kg/s. The density of the gasoline is 735 kg/m3, and the radius of the fuel line is 3.18 10-3 m. What is the...
How are high total fertility rates related to the economic roles of children in certain cultures?
What appears to be the single most important factor affecting high TFRs?
How do family planning services influence TFR?
Use the functions f(x) = 2x + 7 and g(x) = 6x - 5 to complete the function operations listed below. Part A: Find (f + g)(x). Show your work. (3 points) Part B: Find (f. g)(x). Show your work. (3...
2. The concentration of salt x in a homemade soap maker is given as a function of time by dx dt . = 37.5 3.5x At the initial time, t = 0, the salt concentration in the tank is 50 g/L. i) Using...
5. Let A={1,2,3,4} and B={1,2,3}. Let f: A B, f={(1,3), (2,1), (3,2), (4,2)}. a) Is fa function? Consider the function definition to justify your answer. b) Is the compound relation ff 1 (first f and...

If the liabilities are $4,000,000 and the owners equity is $1,200,000, what are the assets worth?

Question:

Step by Step Answer:

Assets liabi...View the full answer

Introduction To Materials Management

Students also viewed these Earth sciences questions