Question

WHAT IS THE VALUE FOR noncurrent assets, total assets, paid in capital and owner's equity given...

WHAT IS THE VALUE FOR noncurrent assets, total assets, paid in capital and owner's equity given

current assets = 16870

current liabilities = 13466

concurrent liabilities = 11998

Retained earning = 13438

earning(los)after tax = 2014

dividends = 1580

total liabilities & owners equity = 40936

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Answer #1

Answer :

Calculation of Value of Total Assets

Value of Total Assets = Total Liabilities & Owners Equity

= 40936

Calculation of Value of Non Current Assets

Non Current Assets = Value of Total Assets - Value of Current Assets

= 40936 - 16870

= 24,066

Calculation of Value of Owner's Equity

Value of Owner's Equity = Total Liabilities & Owners Equity - Current Liabilities - Non Current Liabilities

= 40936 - 13466 - 11998

= 15472

Calculation of Value of Paid up Capital

Value of paid up Capital = Value of Owner's Equity - Retained Earning - Addition to Retained Earning

= 15472 - 13438 - (Earning After Tax - Dividends)

= 15472 - 13438 - (2014 - 1580)

= 1600

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