ACCT 551 help A Guide to career/uophelp.com ACCT 551 help A Guide to career/uophelp.com | Page 9

a2009–2010
$4,695,000 + [($4,695,000 × .1) – ($5,000,000 × .09)] = $4,714,500.
2010–2011:
$4,714,500 + ($471,450 – $450,000) = $4,735,950 $5,000,000 –
$4,735,950 = $264,050
Question 9. 9. (TCO E) Total stockholders' equity represents (Points : 5)
a claim to specific assets contributed by the owners.
the maximum amount that can be borrowed by the enterprise.
a claim against a portion of the total assets of an enterprise.
only the am