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How do you calculate owner equity when assets increase by 150000 and liabilities increased by 90000?
Wiki User
∙ 9y ago
In financial accounting, Assets always equal the sum of your liabilities and equity. Therefore, if your assets increase by $150k and liabilities increased by $90k, your owners equity must have increased by $60k.
Wiki User
∙ 9y ago
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A firms long term assets equals 75000 total assets equals 200000 inventory equals 25000 and current liabilities equals 50000?
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
What is the journal entry for cash deposited to bank?
The journal entry would be: Bank A/c Dr To Cash A/c
Lemming Company has current assets of 300000 current liabilities of 100000 and inventory of 150000 Lemming's acid-test ratio is?
The Acid Ration test formula is:Cash + Short Term investments + Net Current Receivables / Current LiabilitiesWithout having the full information needed, it's impossible to give you an accurate answer, however, using just the numbers you provided the equation would be:300000 + 150000 / 100000450000 / 1000004.50Which is an unusual high number for most companies.
How to calculate break even point when the fixed costs associated with providing the food is 150000 the variable cost per meal is 1.00 the price of meals is 4.00 per meal?
Breakeven point = fixed cost / contribution margin ratio Contribution margin ratio = 4 - 1 = 3 /4 = .75 Breakeven point = 150000 .75 = 200000
What is the number of units sold if FC is 570000 VC is 90 selling price per unit is 150 and the net income is 150000?
Sales 1800000Less:Variable Cost: 1080000Contribution margin 720000Fixed Cost: 570000Net income 150000
If total assets increased 150000 during the year and total liabilities decreased 80000 what is the amount of stockholders' equity at the end of the year?
If total assets increased 150000 during the year and total liabilities decreased 80000 what is the amount of stockholders' equity at the end of the year?
What percent change is 10000 plus 150000?
It is a 1,500% increase.
300000 current assets 100000 current liabilities and inventory of 150000 what is the acid test ratio?
acid test ratio = quick assets / current liabilitiesacid test ratio = 150000 / 100000acid test ratio = 150 %
A firms long term assets equals 75000 total assets equals 200000 inventory equals 25000 and current liabilities equals 50000?
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
How do I convert 150 000 into a fraction?
150000 an integer and not a fraction. However, it can be expressed in rational form as 150000/1. You can then calculate equivalent rational fractions if you multiply both, its numerator and denominator, by any non-zero integer.
2.5 percent of 150000?
2.5% of 150000 = 2.5% * 150000 = 0.025 * 150000 = 3750
What is the journal entry for cash deposited to bank?
The journal entry would be: Bank A/c Dr To Cash A/c
What is 9 and a half percent of 150000?
9 1/2% of 150000= 9.5% * 150000= 0.095 * 150000= 14250
Current assets of 300.000 current liabilities of 1000000 and inventory of 150000 Lemming's acid-test ratio is?
My answer is not able to answered using current keyboard function, the eqaution is very long. but the answer is .5.
What is the percent of 150000?
150000 = 15000000%
What is 5 percent of 150000.00?
5% of 150000 = 5% * 150000 = 0.05 * 150000 = 7500
What is 6.9 percent of 150000?
6.9% of 150,000= 6.9% * 150000= 0.069 * 150000= 10,350
