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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
21. National Shops, Inc. reported the following amounts on its balance sheet as of December 31, 2010: Inventory $325,000 Notes payable 100,000 Cash 150,000 Contributed capital 250,000 Equipment 700,000 Accumulated depreciation 600,000 Accounts receivable 30,000 Accounts payable 45,000 Retained earnings 210,000 Requirements: 5 points each, 15 points total 1. What is the amount of National's total assets? _______________ 2. What is the amount of National’s total liabilities? _______________ 3. What is the amount of National’s stockholders’ equity _______________
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