allenaig8740 allenaig8740
  • 02-10-2017
  • Business
contestada

Lewis company has $25,000 in retained earnings, $40,000 in assets, and $11,000 in liabilities. how much is in common stock?

Respuesta :

W0lf93
W0lf93 W0lf93
  • 13-10-2017
BASIC FORMULAE IS ASSETS -(LIABILITIES +COMMON STOCK)=RETAINED EARNINGS SO, BY SUBSTITUTION 40000-(11000+COMMON STOCK)=25000 THUS COMMON STOCK 4000
Answer Link

Otras preguntas

Complete the sentence with the synonym for copy. 3. Robots can't think, but they can being watch the actions of a hamon study imitate
How is a rocket blasting off a conservation of momentum ?
Please help if this is correct and If you know more information I can add.
Pls help me ‍♀️‍♀️‍♀️
Find the value of z and x?
How would you factor this 2x^3 + x^2 + 5x + 6. The factored form should not have any radicals or imaginary numbers.
50 POINTS Two random samples of 25 people were asked how many 12-ounce cans of soda they consume each week. The first sample contained both males and females,
need help now please
. If n= 6, What are the values of l?​
Solve the system by substitution.