Overhead applied to Supreme using activity-based costing is Multiple Choice Question 124
Kingbird , Inc . began the year with retained earnings of $ 925000 . During the year , the company issued $ 1274000 of common stock , recorded expenses of $ 3650000 , and paid dividends of $ 242000 . If Kingbird ending retained earnings was $ 985000 , what was the company ’ s revenue for the year ?
Multiple Choice Question 122
Sheffield Corp . began the year by issuing $ 106000 of common stock for cash . The company recorded revenues of $ 1214000 , expenses of $ 965000 , and paid dividends of $ 56000 . What was Sheffield net income for the year ?
Multiple Choice Question 131
Pharoah Company started the year with total assets of $ 219000 and total liabilities of $ 129000 . During the year the business recorded $ 334000 in revenues , $ 171000 in expenses , and dividends of $ 54000 . The net income reported by Pharoah Company for the year was
Multiple Choice Question 135
If total liabilities decreased by $ 131500 and stockholders ’ equity decreased by $ 42000 during a period of time , then total assets must change by what amount and direction during that same period ?
Multiple Choice Question 80
Use the following data to determine the total dollar amount of assets to be classified as current assets .
Multiple Choice Question 78
Use the following data to determine the total amount of working capital .