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

What is the area of a circle with a diameter of 29 centimeters? cm2 (Use 3.14 for Pi.)
Simplify to create an equivalent expression. 4(-15-3p)-4(-p+5)
What is the value of x to the nearest tenth?
What is the equation of a circle with center (-4,7) and a radius 6
Two long, parallel conductors, separated by 11.0 cm, carry currents in the same direction. The first wire carries a current I1 = 3.00 A, and the second carries
complete the table of values for y=-x^2+2x+1​
'Describe one activity teenagers like you enjoy doing. Explain why they are important to you.'​
Helppppp thank you!!!
why is english class an essential part of education
-4 = BLANK - 9 what is BLANK