Homework: Ch 01 HW Save Score: 0 of 2 pts 2 of 5 (4 complete) HW Score: 31.43, 5.97 of 19 pts E1-21A (similar to) Question Help Regert, Inc. has current assets of $150 milion property plant and equipment of $320 milion and other assets totaling $100 million. Current liabilities are $190 million and long-term liabilities total $370 million Read the requirements (Enter all amounts in milions of dollars) Requirement 1. Use the data provided to write Regert's accounting equation Assets Liabilities Stockholders equity Requirements 1. Use these data to write Regert's accounting equation. 2. How much in resources does Regert have to work with? 3. How much does Regertowe creditors? 4. How much of the company's assets do the Regert stockholders actually own? Print Done Choose from any list or enter any number in the input fields and then click Check Answer 3 parts remaining Clear All Final Check Save Homework: Ch 01 HW Score: 0 of 4 pts 3 of 5 (4 complete) HW Score: 31.43%, 5.97 of 19 pts E1-22A (similar to) Question Help Dafoe Company's comparative balance sheet at January 31, 2019, and 2018, reports the following (in milions) (Click the icon to view the comparative balance sheet.) The following are three sustions related Date Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2019 Read the requirements Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation (Enter an amount in each input area. Input a "D" when there is no amount to be entered. Enter amounts in milions. Use a minus sign or parentheses when entering net losses or numbers to be subtracted.) Situation 11 Total stockholders' equity, January 31 2018 Add: Issuance of stock Net income Less Dividends declared Netlos Total stockholders' equity, January 31, 2019 Requirements For each situation, use the accounting equation and what you know from the chapter about stockholders' equity common stock and retained earings to calculate the amount of Datoe's net income or net loss during the year ended January 31, 2019 1. Dafoe issued $13 million of stock and declared no dividends. 2. Dafoe issued no stock but declared dividends of $6 million 3. Dafoe issued $5 million of stock and declared dividends of $27 million Print Done Enter any number in the edit fields and then click Check Answer 2 parts remaining Clear All Check Answer Homework: Ch 01 HW Save Score: 0.3 of 7 pts 5 of 5 (4 complete) HW Score: 31.43%, 5.97 of 19 pts P1-65A (similar to) Question Help The assets and liabilities of Post Weed Garden Supply, Inc., as of December 21, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals) Read the requirements Requirement 1. Prepare the income staterment of Post Weed Garden Supply, Inc., for the year ended December 31, 2018 Let's begin the heading and then complete the rest of the statement. (If a box is not used in the financial statements leave the box empty, do not select a label or enter a zero. Use parentheses or a minus sign to enter a net loss.) Post Weed Garden Supply, Inc. Income Statement Year Ended December 31, 2018 Revenue Total expenses 264.900 Expenses Cash 49,000 Interest expense 2,400 Interest payable 25.000 Accounts payable Salary expense 108.800 Tot expenses Utilities expense Net income loss) Requirements 1. Prepare the income statement of Post Weed Garden Supply, Inc., for the year ended December 31, 2018 2. Prepare the company's statement of retained earnings for the year, 3. Prepare the company's balance sheet as of December 31, 2018 4. Analyze Post Weed Garden Supply, Inc, by answering these questions: Was Post Weed profitable during 2018? By how much? b. Did retained earnings increase or decrease? By how much? Which is greater total liabilities or total stockholders' equity? Who has a greater claim to Post Weed's assets its creditors or its stockholders? Print Done Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Final Check Homework: Ch 01 HW Save Score: 0 of 2 pts 2 of 5 (4 complete) HW Score: 31.43, 5.97 of 19 pts E1-21A (similar to) Question Help Regert, Inc. has current assets of $150 milion property plant and equipment of $320 milion and other assets totaling $100 million. Current liabilities are $190 million and long-term liabilities total $370 million Read the requirements (Enter all amounts in milions of dollars) Requirement 1. Use the data provided to write Regert's accounting equation Assets Liabilities Stockholders equity Requirements 1. Use these data to write Regert's accounting equation. 2. How much in resources does Regert have to work with? 3. How much does Regertowe creditors? 4. How much of the company's assets do the Regert stockholders actually own? Print Done Choose from any list or enter any number in the input fields and then click Check Answer 3 parts remaining Clear All Final Check Save Homework: Ch 01 HW Score: 0 of 4 pts 3 of 5 (4 complete) HW Score: 31.43%, 5.97 of 19 pts E1-22A (similar to) Question Help Dafoe Company's comparative balance sheet at January 31, 2019, and 2018, reports the following (in milions) (Click the icon to view the comparative balance sheet.) The following are three sustions related Date Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2019 Read the requirements Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation (Enter an amount in each input area. Input a "D" when there is no amount to be entered. Enter amounts in milions. Use a minus sign or parentheses when entering net losses or numbers to be subtracted.) Situation 11 Total stockholders' equity, January 31 2018 Add: Issuance of stock Net income Less Dividends declared Netlos Total stockholders' equity, January 31, 2019 Requirements For each situation, use the accounting equation and what you know from the chapter about stockholders' equity common stock and retained earings to calculate the amount of Datoe's net income or net loss during the year ended January 31, 2019 1. Dafoe issued $13 million of stock and declared no dividends. 2. Dafoe issued no stock but declared dividends of $6 million 3. Dafoe issued $5 million of stock and declared dividends of $27 million Print Done Enter any number in the edit fields and then click Check Answer 2 parts remaining Clear All Check Answer Homework: Ch 01 HW Save Score: 0.3 of 7 pts 5 of 5 (4 complete) HW Score: 31.43%, 5.97 of 19 pts P1-65A (similar to) Question Help The assets and liabilities of Post Weed Garden Supply, Inc., as of December 21, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals) Read the requirements Requirement 1. Prepare the income staterment of Post Weed Garden Supply, Inc., for the year ended December 31, 2018 Let's begin the heading and then complete the rest of the statement. (If a box is not used in the financial statements leave the box empty, do not select a label or enter a zero. Use parentheses or a minus sign to enter a net loss.) Post Weed Garden Supply, Inc. Income Statement Year Ended December 31, 2018 Revenue Total expenses 264.900 Expenses Cash 49,000 Interest expense 2,400 Interest payable 25.000 Accounts payable Salary expense 108.800 Tot expenses Utilities expense Net income loss) Requirements 1. Prepare the income statement of Post Weed Garden Supply, Inc., for the year ended December 31, 2018 2. Prepare the company's statement of retained earnings for the year, 3. Prepare the company's balance sheet as of December 31, 2018 4. Analyze Post Weed Garden Supply, Inc, by answering these questions: Was Post Weed profitable during 2018? By how much? b. Did retained earnings increase or decrease? By how much? Which is greater total liabilities or total stockholders' equity? Who has a greater claim to Post Weed's assets its creditors or its stockholders? Print Done Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Final Check