subject
Business, 14.03.2020 01:30 smithmalyk4

At the beginning of the year, Execon Company had total assets of $200,000, total liabilities of $110,000, and shareholders' equity of $90,000. For the year, Execon Company earned net income of $75,000 and declared cash dividends of $30,000. At the end of the year, the company had total assets of $300,000 and its shareholders' equity was at $135,000. At the end of the year, Execon Corporation had total liabilities of:

a.

$0.

b.

$45,000.

c.

$50,000.

d.

$165,000.

e.

None of the answers are correct.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:50
What happens when a bank is required to hold more money in reserve?
Answers: 3
question
Business, 21.06.2019 23:30
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
question
Business, 22.06.2019 02:40
Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an is is implemented?
Answers: 3
question
Business, 22.06.2019 10:30
Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45
Answers: 1
You know the right answer?
At the beginning of the year, Execon Company had total assets of $200,000, total liabilities of $110...
Questions
question
Mathematics, 12.11.2020 17:30
question
History, 12.11.2020 17:30
question
Mathematics, 12.11.2020 17:30
question
Mathematics, 12.11.2020 17:30
question
Mathematics, 12.11.2020 17:30
question
Mathematics, 12.11.2020 17:30
question
Mathematics, 12.11.2020 17:30
Questions on the website: 13722359