Question

WHAT IS THE VALUE FOR noncurrent assets, concurrent liabilities, earnings(loss) after tax, and owner's equity given...

WHAT IS THE VALUE FOR noncurrent assets, concurrent liabilities, earnings(loss) after tax, and owner's equity given

current assets = 18732

current liabilities = 15284

paid in capital = 2298

retained earnings = 15,844

dividends = 2040

total assets = 48050

Homework Answers

Answer #1
current assets = 18732
current liabilities = 15284
paid in capital = 2298
retained earnings = 15,844
dividends = 2040
total assets = 48050
noncurrent assets = Total assets - Current assets
noncurrent assets = 48050 - 18732
noncurrent assets = 29318
owner's equity = paid in capital + retained earnings
owner's equity = 2298 + 15844
owner's equity = 18142
noncurrent liabilities = Total liabilities - Current liabilities - Owner's equity
noncurrent liabilities = 48050 - 15284 - 18142
noncurrent liabilities = 14624
Note : need more information to calculate earnings after tax
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