Question

Pick one section of the balance sheet and explain its importance?

Pick one section of the balance sheet and explain its importance?
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

A solid balance sheet for the most part implies high qualify assets, including a solid money position, almost no or no obligation and a high measure of investor's value. All else being equivalent, an organization with a strong balance sheet can persevere through intense financial cycles contrasted with one with a more fragile money related balance.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
From the perspective of management, explain the importance of the balance sheet (think in terms of...
From the perspective of management, explain the importance of the balance sheet (think in terms of accounts that have a direct impact of operations
Explain how treasury stock affects the stockholders’ equity section of the balance sheet and the impact...
Explain how treasury stock affects the stockholders’ equity section of the balance sheet and the impact on the calculation of earnings per share?
What is the Asset Section of the Balance Sheet trying to communicate? How would you explain...
What is the Asset Section of the Balance Sheet trying to communicate? How would you explain 1) what assets are; and 2) what their valuation represents?
The Western Pipe Company has the following capital section in its balance sheet. Its stock is...
The Western Pipe Company has the following capital section in its balance sheet. Its stock is currently selling for $4 per share. Common stock (60,000 shares at $1 par) $ 60,000 Capital in excess of par 60,000 Retained earnings 180,000 Total equity $ 300,000 The firm intends to first declare a 5 percent stock dividend and then pay a 20-cent cash dividend (which also causes a reduction of retained earnings). Show the capital section of the balance sheet after the...
access the balance sheet of a publicly traded company, and list what items of assets are...
access the balance sheet of a publicly traded company, and list what items of assets are reported in the property, plant, and equipment section on the asset side. Pick up any one item from the property, plant, and equipment, and discuss how you determine the cost of that item to be reported on the balance sheet.
The Western Pipe Company has the following capital section in its balance sheet. Its stock is...
The Western Pipe Company has the following capital section in its balance sheet. Its stock is currently selling for $5 per share. Common stock (35,000 shares at $2 par) $ 70,000 Capital in excess of par 70,000 Retained earnings 160,000 Total equity $ 300,000 The firm intends to first declare a 10 percent stock dividend and then pay a 15-cent cash dividend (which also causes a reduction of retained earnings). Show the capital section of the balance sheet after the...
A company had the following information in its long-term assets section on the balance sheet: December...
A company had the following information in its long-term assets section on the balance sheet: December 31, 2017 December 31, 2016 Equipment $490,000 $410,000 Accumulated Depreciation (65,000) (35,000) Book Value $425,000 $375,000 During the year, the company sold equipment that had originally cost $25,000 and had accumulated depreciation of $10,000. The company also recognized a gain on the sale of the equipment of $3,000. Based on this information, determine the amount of depreciation expense for the year that would appear...
The current asset section of the Excalibur Tire Company’s balance sheet consists of cash, marketable securities,...
The current asset section of the Excalibur Tire Company’s balance sheet consists of cash, marketable securities, accounts receivable, and inventories. The December 31, 2021, balance sheet revealed the following: Inventories $ 750,000 Total assets $ 2,800,000 Current ratio 2.3 Acid-test ratio 1.05 What amount should be included in the noncurrent asset section of Excalibur Tire’s December 31, 2021, balance sheet?
The stockholders' equity section of the December 31, 2009, balance sheet for Interiors, Inc. before its...
The stockholders' equity section of the December 31, 2009, balance sheet for Interiors, Inc. before its recent stock dividend was as follows:Common Stock, $5 par, 100,000 shares issued and outstanding$ 500,000Paid-in Capital in Excess of Par--CommonStock100,000Retained Earnings725,000Total Stockholders' Equity$1,325,000Interiors declared a 10% stock dividend when the market price per share was $8.00. After the stock dividend, the components of Interior's stockholders' equity section were: Common Stock Paid-in Capital Retained Earningsa.$580,000 $100,000 $645,000b.$550,000 $100,000 $805,000c.$550,000 $130,000 $645,000d.$580,000 $130,000 $805,000
Explain the importance of each section of the cash flow statement: Cash from (used by) operations,...
Explain the importance of each section of the cash flow statement: Cash from (used by) operations, Cash from investing activities, and Cash from financing activities.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT