Purchase Solution

what are total assets

Not what you're looking for?

Ask Custom Question

What are total assets? On which financial statement would I find this information? What are the components of this financial statement?

Purchase this Solution
Solution Summary

The total assets for components of financial statements are determined.

Solution Preview

Total assets can be defined as the sum of current and long-term assets owned by a person, organization, or other entity. Total assets may be tangible (with physical substance, such as land and buildings) or intangible (without physical substance, such as patents and rights granted by a Government). The assets of a direct investment enterprise cover all the assets of the enterprise carried on its balance sheet, regardless of how they ...

Solution provided by:
Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
Recent Feedback
  • "Thanks"
  • "Thanks"
  • "Very good! "
  • "thanks"
  • "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Motivation

This tests some key elements of major motivation theories.

View More Free Quizzes
Related BrainMass Solutions

  • Return on assets using Dupont Equation

    1) What would be the return on total assets of a firm if net income is $50,000 , total sales are $100,000 , and total assets are $175,000 ? Return on Assets is the net income generated from the use of assets.

  • BE 1-7, BE 1-8, BE 1-9 Cummings Company, Haldeman Company

    What is the amount of Cummings Company's total assets? (b)The total assets of Haldeman Company are $170,000 and its stockholders' equity is $90,000. What is the amount of its total liabilities?

  • Ratios and Balance Sheets

    If assets are $7,000 and capital is $2,000, what are liabilities?

  • Question about Basic accounting equation

    .What is the amount of total assets at the end of the year?

  • Total Assets: Pepsico

    497855 Total Assets: Pepsico What are the company's total assets at the end of its most recent annual reporting period? What are the total assets at the end of the previous annual reporting period?

  • Accounting Equation

    What is the current ratio if noncurrent assets equal $60,000, total assets equal $95,000, and owners' equity equals $70,000? 1.

  • Finance: Ratio analysis

    What is the firm's total assets turnover? Formula Sales/Total assets Numerator 148,239,000 Denominator 202,026,000 Total assets turnover 0.73 4. What is the firm's inventory turnover ratio?

  • Working Capital Management

    Total assets = current assets + fixed assets Total assets = $15,000 + $50,000 = $65,000 As debt and equity are each 50 percent of total assets, then debt and equity are each equal to $65,000 x 50% = $32,500 Then, we need to find the net income

  • Easy transfer of ownership is a characteristic of which form

    (a) If total assets increased $151,747 during the year and total liabilities decreased $76,550, what is the amount of stockholders' equity at the end of the year?

View More Related Solutions