Sunday
April 19, 2015

Homework Help: Accounting

Posted by Anonymous on Saturday, October 7, 2006 at 6:53pm.

How can I calculate the net income if I only know the assets total and liabilities total from both the beginning of the year and the end of th eyear?


Net income is related calculated using revenues less expenses. Assets and liabilities are involved, but only indirectly.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - Hi! I can't figure out this question...any help is greatly ...
Accounting Math - Can anyone please show me the calculation for these problems: ...
accounting - How do I find the net income for this company ,with this ...
Accounting - I have added Below my balance sheet and income statement now the ...
Finance - Trying to figure out how to do problems like these. So confused! 1. ...
Accounting - How do you calculate the 'Capital stock at the end of the year' ...
accounting - Acme Inc. has total liabilities of $120,000, total sales of $80,000...
accounting - Acme Inc. has total liabilities of $120,000, total sales of $80,000...
Accounting - Based on the following values, calculate the Return on Assets? ...
accounting - Carlton company had assetsof $280,000 & liabilities of $120,000 at ...

Members