subject
Business, 20.09.2019 00:30 jazzyjaz2003

Assume that the seller owes $80,000 on a loan for the land. after receiving the $298,000 cash in (a), the seller pays the $80,000 owed. what is the effect of the payment on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity? if there is no change, select 'no change' from the dropdown and then enter a "0" in the amount box. consider only the payoff of the loan, without considering the sale of the land.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:30
Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity
Answers: 3
question
Business, 22.06.2019 05:00
Which of the following are considered needs? check all that apply
Answers: 1
question
Business, 22.06.2019 21:00
An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.
Answers: 2
question
Business, 23.06.2019 16:30
Witch type of group discussion requires a lot of active participation from the audience?
Answers: 2
You know the right answer?
Assume that the seller owes $80,000 on a loan for the land. after receiving the $298,000 cash in (a)...
Questions
question
English, 20.11.2020 20:40
question
Mathematics, 20.11.2020 20:40
question
Mathematics, 20.11.2020 20:40
Questions on the website: 13722360