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How can I calculate the missing amounts for each of the independent cases??
Solution
Hi,
Please find the answer as follows:
Notes:
Net Income = Revenues - Expenses
Stockholder's Equity = Total Assets - Total Liabilities.
Thanks.
Independent
Cases
Total
Revenues
Total
Expenses
Net
Income(Loss)
Total
Assets
Total
Liabilities
Stockholder's
Equity
A 91660 76840 14820 140290 69260 71030
B 89190 74420 14770 107980 28900 79080
C 69350 76610 -7260 97900 69700 28200
D 59050 37270 21780 96900 18040 78860
E 84920 78420 6500 105480 25670 79810
How can I calculate the missing amounts for each of the independent ca.docx

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How can I calculate the missing amounts for each of the independent ca.docx

  • 1. How can I calculate the missing amounts for each of the independent cases?? Solution Hi, Please find the answer as follows: Notes: Net Income = Revenues - Expenses Stockholder's Equity = Total Assets - Total Liabilities. Thanks. Independent Cases Total Revenues Total Expenses Net Income(Loss) Total Assets Total Liabilities Stockholder's Equity A 91660 76840 14820 140290 69260 71030 B 89190 74420 14770 107980 28900 79080 C 69350 76610 -7260 97900 69700 28200 D 59050 37270 21780 96900 18040 78860 E 84920 78420 6500 105480 25670 79810