Consider the balance sheet of Wilkes Industries as shown below. Wilkes has $1,200,000 in common equity. As a result, which of the following can we state regarding Wilkes?
Cash | $ 150,000 | | Accounts payable | $ 100,000 |
Inventory | 200,000 | | Accruals | 100,000 |
Accounts receivable | 250,000 | | Total current liabilities | 200,000 |
Total current assets | 600,000 | | Debt | 200,000 |
Net fixed assets | 1,000,000 | | Common shares | 300,000 |
| | | Retained earnings | 900,000 |
Total assets | $1,600,000 | | Total liab. and equity | $1,600,000 |
◦
25% of Wilkes’ shareholders’ equity comes from accumulated profitable earnings of prior years’ operations.
◦
75% of Wilkes’ shareholders’ equity comes from issuing more shares.
◦
19.75% of Wilkes’ shareholders’ equity comes from issuing more shares.
◦
75% of Wilkes’ shareholders’ equity comes from accumulated profitable earnings of prior years’ operations..
PhysioEx 9.0 Review Sheet Exercise 3
Common Homophones
Common trigger point locations, anterior and posterior.
The four most common hexoses
The Romberg test for balance
Incomplete dominance shown in the flower color of snapdragons