Fill in the blanks:If the liabilities of the business amount to P120,000 and its residual interest amounts to P195,000, thenis the amount of the economic resources of the business.( PreviousContinue > Fill in the blanks:If the total owner's equity of the company is P180,000 which is 2/3 of the total assets, thenis the amount of total liabilities.< PreviousContinue >

Total assets are the sum of current assets and fixed assets. And total asset is equal to the total…

Answered: Fill in trhe If the liabilities of the…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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How much is the total free assets? The following data were taken from the statement of affairs of TW CORP: Shareholder's equity- P441,000 Salaries-50,000 Bonds payable (unsecured)-735,000 Loss on asset realization-551,250 Accounts payable-P367,500 Taxes-72,500 Trustees expenses-55,125 A.953,575 B.1,114,750 C.1,059,625 D.992,250
Assume that the Current Assets for Rain Co. as of Decebmer 31, 20Y8, are listed below. A. Assume further that the total Current Liabilites on the same date are $75,000. What is the amount of the working capital for Rain Co. on December 31, 20Y8? B. Assume further that the total Current Liabilites on the same date are $75,000. What is the amount of the working capital for Rain Co. on December 31, 20Y8? ASSETS Current assets: Cash $ 17,500 Temporary Investments 15,000 Accounts Receivable (net) 42,500 Inventories 72,000 Prepaid Expenses 3,000 Total current assets $150,000
Black Company has beginning total assets of P200 million and ending liabilities of P110 million. Black had a beginning capital of P50 million and ending capital of P90 million. If the Company generated total revenues of P150 million and incurred total expenses of P90 million during the year, how much was the withdrawal made by the owner during the year, if any?
The ending owner’s capital of the business amounts to P100, 000. The beginning assets and liabilities are P100, 000 and P60, 000, respectively, and the owner contributed additional investment of P10, 000. a.the net income would be b.How much is the ending total assets of the business? c.how much is the total revenue of the business?
Angela Corporation has the following selected assets and liabilities: Given the said data, determine the company’s net working capital. (check the photo) Choose the letter of correct answer a. P35,000.00b. P39,000.00c. P33,000.00d. P72,000.00e. P52,000.00
If total liabilities amount to P2,196,000 which is 60% of the total assets, then _____ is the total assets of the business.
1. If the economic resources of the business is 180% of its residual interest is 120% of its economic obligations, how much are the total economic resources and residual interest of the business if its economic obligations is ₱750,000, respectively?2. If the residual interest of a business amounts to ₱800,000 which is 40% of the total assets (economic resources) and 2/3 of the total obligations (economic obligations), what are the amounts of the economic resources and economic obligations, respectively? 3. If owner's equity is twice the total liabilities which is 1/3 of total assets, what would be the owner's equity of the business? the amount of total assets is ₱600,000.
The total assets of KJC are $1,200,000 and its liabilities are equal to 1/4 of the total assets. What is the amount of KJC’s owner’s equity?
The liabilities of Dexter Company equal to one-third of the total assets, and the owner's equity is P240,000. What is the amount of liabilities?
Compute for the reported net income of GHI Company from its own operation, if the net income of ABC from its own operation for 2024 amounted to P157,500. Do not forget if there is any upstream and downstream.
The balance sheet of Hamon Company shows owner’s equity of P680,000, which is equal to 2/3 of the amount of total assets. What is the amount of total liabilities?
The worksheet of Entity A shows the following amount. How much is the net income/(net loss)? a. P 252,000 b. (P 252,000) c. P 155,000 d. P 121,000

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Fill in trhe If the liabilities of the business amount to P120,000 and its residual interest amounts to P195,000, then is the amount of the economic resources of the business.