Finance

posted by .

At the beginning of the year Washington had a total assets of $300,000 and a total liabilitiesof $120,000. If total assets increased $150,000 during the year and total liabilities decreased $25,000. What is the amount of stockholders equity at the end of the year?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. finance and accounting

    Account Word Problems like this I seem not to get the concept , please give me an exam as how to figure out this problem. 1. The liabilities of Acosta Corporation equal one-third of the total assets. And stockholders equity is $160,000. …
  2. Accounting Math

    Can anyone please show me the calculation for these problems: Burlin Company starts the year with $100,000 in assets and $80,000 in liabilities. Net Income for the year is $25,000, and no dividends are paid. How much is owner’s equity …
  3. business

    Using the financial statements for the Goodyear Calendar Company, calculate the 13 basic ratios found in the chapter. December 31, 2008 Assets Current assets: Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . …
  4. accounting

    :The balance sheet for Glenwood Corporation at December 31, 2011, showed the following subtotals: Current Assets $140,000 Current Liabilities 80,000 Property & Equipment 420,000 Total Stockholders' Equity 420,000 Retained Earnings …
  5. Finance

    Trying to figure out how to do problems like these. So confused! 1. The receivables turnover for 2009 is 10 times. 2. All sales are on account. 3. The profit margin for 2009 is 14.5%. 4. Return on assets is 22% for 2009. 5. The current …
  6. Finance

    Item Total assets $10,000,000 Total equity (all common) 9,000,000 Total debt 1,000,000 Annual interest 100,000 Total sales $25,000,000 EBIT 6,250,000 Earnings available for common stockholders 3,690,000 I am trying to find the values …
  7. Finance

    P2. Use your knowledge of balance sheets to fill in the missing amounts: Assets: CASH - $10,000 ACCOUNTS RECEIVABLE - $100,000 INVENTORY - $------ TOTAL CURRENT ASSETS – $220,000 GROSS PLANT AND EQUIPMENT – $500,000 LESS: ACCUMULATED …
  8. accounting

    Acme Inc. has total liabilities of $120,000, total sales of $80,000, net income of $12,000, current assets of $90,000 and total assets of $150,000. What is the debt to equity ratio for Ac
  9. accounting

    Acme Inc. has total liabilities of $120,000, total sales of $80,000, net income of $12,000, current assets of $90,000 and total assets of $150,000. What is the debt to equity ratio for Ac
  10. math

    At the beginning of the year business had total assets of 50,000 and total liabilities of 15,000. if total liabilities decreased by 10,000 during the year how much the amount of total assets in the end of the year?

More Similar Questions