Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
The amount of the stockholders' equity for ABX immediately after paying the fine for failing emission standards of $15,000 is $55,000.
What is stockholders' equity?
stockholders' equity represents the interest of the owners in the entity.
stockholders' equity value is calculated as the difference between the company's assets and liabilities.
Data and Calculations:
Assets = $100,000
Liabilities = $30,000
Equity before fine = $70,000 ($100,000 - $30,000)
Emission Fine = $15,000
Equity after paying the fine = $55,000 ($70,000 - $15,000)
Thus, the amount of the stockholders' equity for ABX immediately after paying the fine for failing emission standards of $15,000 is $55,000.
Learn more about stockholders' equity at https://brainly.com/question/13373888 and https://brainly.com/question/14032844
#SPJ1
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.