Tài chính doanh nghiệpCâu 1140 / 1605
A contractor's balance sheet shows total assets of $500,000 and total liabilities of $320,000. What is the owner's equity?
a.$820,000
b.$180,000
c.$500,000
d.$320,000
Giải thích
Owner's equity = total assets - total liabilities = $500,000 - $320,000 = $180,000. Equity is the owner's residual claim after all debts.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A contractor has current assets of $200,000 and current liabilities of $80,000. What is his current ratio?
- Which financial statement reports a company's assets, liabilities, and owner's equity at a single point in time?
- The fundamental accounting equation is:
- Which statement summarizes revenues and expenses over a PERIOD of time to show profit or loss?
- A quick ratio (acid-test) differs from the current ratio because the quick ratio:
- A contractor's current ratio is 0.8 to 1. This most likely indicates:
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Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)