0 If Cash from operations is 3000S Cash investments is 1000S

0. If Cash from operations is 3000S, Cash investments is 1000S and net dividend is 2600S, Caleulate net payments to A. 300 B. -600 C. 2000 D. -2000 Shareholders\' equity (December 31, 2016) 1800S, Shareholders\' equity December 31, 2017) 1000S, and Net payout to 11. If shareholders 1200S, Calculate comprehensive income for 2017. A. 2800 B. 2200 C. 800 D. 400 *\"The following questions (12-15) pertain to the same firm. 12. The balance sheet reports $400 million in total assets and $250 million in shareholders\'equity at the end of a fiscal period. What are the firm\'s liabilities? A. 150 B. 250 C. 400 D. 650 13·The income statement reports S30 million in net income and $175 million in total expenses for the period. What are the firm\'s revenues? A. 145 B. 145 C. 205 D. -205 14. The shareholders\' equity statement has a beginning balance for the period of S230 million and the firm had a net payout to shareholders of $12 million. What is the firm\'s comprehensive income for the year? A. 8 B. 20 C. 30 D. 32

Solution

10 Particulars Amount Cash from Operations    3,000.00 Less: Cash invested (1,000.00) Less: Dividend paid (2,600.00) Net payments to debt holders and issuers     (600.00) 11 Particulars Amount Net payout will be deducted from comprehensive income. BalanceComprehensive after payout will be added to opening equity to calculate closing equity Opening Equity    1,800.00 Less: Net payout to shareholders (1,200.00) Comprehensive Income ( Bal fig)    4,000.00 Less: Closing Equity    1,000.00 12 Particulars Amount Accounting Equation is Total Assets = Total Liabilities + Equity Total Assets      400.00 Less: Equity     (250.00) Liabilities      150.00 13 Particulars Amount Net Income is calculated by deducting expenses from revenue Net Income        30.00 Add: Expenses      175.00 Revenue      205.00 14 Particulars Amount Net payout will be deducted from comprehensive income. BalanceComprehensive after payout will be added to opening equity to calculate closing equity Opening Equity      230.00 Less: Net payout to shareholders       (12.00) Comprehensive Income        32.00 Closing Equity      250.00