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Question: arrows net income of 118 million and average assets of...

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Arrows net income of $118 million and average assets of $1,500 million results in a return on assets of 87%. True O False
If equity is $370,000 and liabilities are $197,000, then assets equal: O $173,000. O $197000 O $370,000. $56700o. O $937,000.
If assets are $418,000 and liabilities are $183,000, then equity equals: O $235.000. O $183,000 O $418,00o O $601,000. ○ $1,019,000.
If assets are $86,000 and liabilities are $26,300, then equity equals: O $26,300 O $59,700 O 86,000. O $112,300. o $198,300.
The assets of a company total $710,000; the liabilities, $205,000. What is the total equity? O $915,000 O $710,000. o $505,000 O $205,000. 0 It is impossible to determine unless the amount of this owners. investment is known
If assets are $401,000 and equity is $138,000, then liabilities are: $138,000. O $263,000. O $401,00o O $539,000. o $664,000.
Rushing had income of $152 million and average invested assets of $1,810 million. Its return on assets is: 8.4%. o 84.0%. 12% ○ 119% o 16.8%.
O million. Its return on assets (ROA) is Cage Company had income of $408 million and average invested assets of $2,150 million. Its return on assets (ROA) Is o 1.9%. 38%. o 19.0% 5.3%. o 3.8%.
Use the following information as of December 31 to determine equity Cash Buildings Equipment Liabilities 75,000 193,000 224,000 O $75,000. O $159000. O $333,000. O $492,000o. O $651,000.
Use the following information for Meeker Corp. to determine the amount of equity to report Cash Buildings Land Liabilities 55,000 117,500 198,000 $123,500 O $494,000. O $259,000. O $370,500. O $12,000 O $247,00o.
Ralph Pine Consulting received ts telephone bill i the amount of $360, and immediately paid it Pines general journal entry to record this ransaction willIndude a O Debit to Telephone Expenses for $360. O Credit to Accounts payable for $360 O Debit to Cash for $360 O Credit to Telephone Expenses for $360. O Debit to Accounts payable for $360.
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J. Brown Consulting paid $620 cash for utilities for the current month Given the choices below, determine the general journal entry that J. Brown record this transaction. will maice to Utilities Expense 620 Cash Cash 620 620 Cash 620 Accounts Payable 620 620 Utilities Expense 620 Accounts Payable d Utilities 620 Accounts Payable
Design make to record this transaction? Cash 1,550 1550 1550 Cash
following general journal entries will Able Graphics make to record this transaction? Cash Accounts Payable Utilities Expense Cash
wil make to record the 50000 50.000 Cash
A $21 credit to Sales was posted as a $210 credit. By what amount is the Sales account in error? O $210 understated. O $189 overstated. O $210 overstated. $21 understated O $189 understated.
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