Inventory |
70,000 |
Mortgage payable |
90,000 |
|
|
Prepaid insurance |
40,000 |
Total liabilities |
$ 165,000 |
|
|
Stock investments 80,000 Land 95,000
Buildings |
$ 100,000 |
Common stock |
$ 120,000 |
|
|
Less: Accumulated 250,000
Retained earnings
depreciation( 30,000) 85,000 Total stockholders‘ equity $ 370,000
Trademarks |
70,000 |
Total liabilities |
and |
|
|
Total assets $ 535,000 stockholders‘ equity $ 535
· Question 25
Which of the following is the least likely consideration that management uses when deciding whether to pay a dividend?
ACC 556- Midterm part 2
· Question 1
Which of these would cause the inventory turnover ratio to increase the most?
· Question 2 Bad Debt Expense is considered