Question
In: Accounting
CompanyV Company W CompanyX Company Y Company Z Dec 31, 2014 Assets 54000 80000 141500 92500...
| CompanyV | Company W | CompanyX | Company Y | Company Z | |
| Dec 31, 2014 | |||||
| Assets | 54000 | 80000 | 141500 | 92500 | 144000 |
| Liabilities | 25000 | 60000 | 68500 | 51500 | ? |
| Owner Equity 2014 | 29000 | 20000 | 73000 | 41000 | ? |
| Dec 31, 2015 | |||||
| Assets | 59,000 | 100,000 | 186500 | ? | 170000 |
| Liabilities | 36000 | 22,000 | 65800 | 42,000 | 42,000 |
| Owner's Equ 2015 | 23000 | 78000 | 120700 | 128000 | |
| During 2015 | |||||
| Owner Investments | 5,000 | 20000 | ? | 48100 | 60000 |
| Net Income (loss) | ? | 40000 | 18500 | 24,000 | 32,000 |
| Owner cash withdrawal | 5,500 | 2,000 | 0 | 20000 | 8,000 |
1. Answer the folloing quesitons about Company V
1. What is the amount of equity on December 31, 2014?
2. What is the amount of equity on December 31, 2015
3. What is the amount of liabilities on December 31, 2015?
2. Answer the following questions about Company W?
1. What is the amount of equity on December 31, 2014?
2. What is the amount of equity on December 31, 2015
3. What is the amount of liabilities on December 31, 2015?
3. Calculate the amount of Owner investments for Company X during 2015.
4. Calculate the amount of assets for Company Y On december 31, 2015.
5. Calculate the amount of liabilities for Company Z on December 31, 2014.
Solutions
Expert Solution
| 1. Information about Company V | |||||
| 1. Amount of Equity on December 31, 2014 | 29,000 | ||||
| 2. Amount of Equity on December 31, 2015 | 23,000 | ||||
| 3. Amount of Liabilities on December 31, 2015 | 36,000 | ||||
| 2. Information about Company W | |||||
| 1. Amount of Equity on December 31, 2014 | 20,000 | ||||
| 2. Amount of Equity on December 31, 2015 | 78,000 | ||||
| 3. Amount of Liabilities on December 31, 2015 | 22,000 | ||||
| 3. | Owners investment for Company X during 2015 | 29,200 | |||
| 4. | Assets on December 31, 2015 for Company Y | 1,35,100 | |||
| 5 | Liabilities on December 31, 2014 for Company Z | 44,000 | |||
Working:
| Company V | Company W | CompanyX | Company Y | Company Z | ||
| Dec 31,2014 | ||||||
| Assets | 54000 | 80000 | 141500 | 92500 | 144000 | |
| Liabilities | 25000 | 60000 | 68500 | 51500 | 100000 | |
| Owner equity 2014 | 29000 | 20000 | 73000 | 41000 | 44000 | |
| Dec.31,2015 | ||||||
| Assets | 59,000 | 1,00,000 | 186500 | 135100 | 170000 | |
| Liabilities | 36000 | 22,000 | 65800 | 42,000 | 42,000 | |
| Owner's Equity 2015 | 23000 | 78000 | 120700 | 93100 | 128000 | |
| During 2015 | ||||||
| Owners' investment | 5,000 | 20000 | 29200 | 48100 | 60000 | |
| Net Income (Loss) | -5,500 | 40000 | 18500 | 24,000 | 32,000 | |
| Owner cash withdrawal | 5,500 | 2,000 | 0 | 20000 | 8,000 | |
| Company V: | ||||||
| Net Income 2015 = Owner equity 2015+Owner cash withdrawal-Owner investment-Owner equity 2014 | ||||||
| = 23,000+5,500-5,000-29,000 = -5,500 | ||||||
| Company X | ||||||
| Owner investment = Owner equity 2015+Owner cash withdrawal - Net income 2015 - Owner equity 2014 | ||||||
| = 120,700+0-18,500 - 73,000 = 29,200 | ||||||
| Company Y | ||||||
| Owner equity 2015 = Owner equity 2014 + Net income 2015 + Owner investment - Owner cash withdrawal | ||||||
| = 41,000+24,000+48,100-20,000 = 93,100 | ||||||
| Assets Dec.31, 2015 = Owner equity 2015 + Loabilities 2015 = 93,100 + 42,000 = 135,100 | ||||||
| Company Z | ||||||
| Owner equity 2014 = Owner equity 2015 - Net income 2015 - Owner investment + Owner cash withdrawal | ||||||
| = 128,000 - 32,000 - 60,000 + 8,000 = 44,000 | ||||||
| Liabilities 2014 = Assets 2014 - Owner equity 2014 = 144,000 - 44,000 = 100,000 | ||||||
ekkarill92 answered 1 year agoRelated Solutions
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For the Dinera Corp. in 2014:
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Short-Term Debt : 20,000 | 20,000
Long-Term Debt : 100,000 | 100,000
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: (15,000)
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◊―――――――――――――――――――――――――――――◊
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279,835
Inventories
783,031
536,714
Prepaid expenses and other
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Deferred income taxes
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Total current assets
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1,549,399
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305,564
Goodwill
585,181
123,256
Intangible assets, net
75,686
26,230
Deferred income taxes
92,157
33,570
Other long-term assets
78,582
57,064
Total assets
2,868,900
2,095,083
Liabilities and Stockholders
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Accounts payable
200,460
210,432
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192,935
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Cash and cash equivalents
129,852
593,175
Accounts receivable, net
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279,835
Inventories
783,031
536,714
Prepaid expenses and other
current assets
152,242
87,177
Deferred income taxes
52,498
Total current assets
1,498,763
1,549,399
Property and equipment, net
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305,564
Goodwill
585,181
123,256
Intangible assets, net
75,686
26,230
Deferred income taxes
92,157
33,570
Other long-term assets
78,582
57,064
Total assets
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2,095,083
Liabilities and Stockholders
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200,460
210,432
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147,681
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Accounts receivables, net
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75,492
Inventories
50,784
53,129
Prepaid expenses
12,112
13,057
Total current assets
210,912
214,312
Equipment
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134,312
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Current liabilities:
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union([X|Y],Z,[X|W]) :- \+ member(X,Z), union(Y,Z,W).
union([],Z,Z).
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31-Dec-16
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Accounts Receivable 200,000
300,000
Inventory 400,000
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Property, Plant, and Equipment 1,241,000
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60,000
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points)
a) Draw the K-Map and find the minimal sum-of-products expression
for this function.
b) Draw the circuit implementing this expression
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Dec. 31, 20Y3 Dec. 31, 20Y2 Assets Cash $269,150 $248,070 Accounts receivable (net) 97,500 89,090 Inventories...
Dec. 31, 20Y3
Dec. 31, 20Y2
Assets
Cash
$269,150
$248,070
Accounts receivable (net)
97,500
89,090
Inventories
275,250
263,780
Investments
0
102,200
Land
141,180
0
Equipment
303,680
233,220
Accumulated depreciation—equipment
(71,100)
(62,890)
Total assets
$1,015,660
$873,470
Liabilities and Stockholders'
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Accounts payable (merchandise creditors)
$183,830
$172,070
Accrued expenses payable (operating expenses)
18,280
22,710
Dividends payable
10,160
7,860
Common stock, $10 par
54,850
42,800
Paid-in capital: Excess of issue price over
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206,180
118,790
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509,240
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Accounts receivable (net) 98,900 92,060 Inventories 279,200 272,560
Investments 0 105,590 Land 143,210 0 Equipment 308,050 240,970
Accumulated depreciation-equipment (72,120) (64,980) Total assets
$1,030,260 $902,510 Liabilities and Stockholders' Equity Accounts
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1
Dec. 31, 20Y8
Dec. 31, 20Y7
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3
Cash
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$179,640.00
4
Accounts receivable (net)
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241,920.00
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Inventories
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298,870.00
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Prepaid expenses
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10,420.00
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Equipment
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537,900.00
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Accumulated depreciation-equipment
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