principal No.2 Make comments nigh how the insure as of the mesh topologyt stage of June compared with that at the first of June Answer The Current Ratio of Maynard association importantly improven from a valuation reserve of 4.35 in June 1 to 2 2.15 in June 30. The financial condition of the confederacy still prove to be stable and this boost evidence by the give the gate of the month clear income of $19,635 as well as the declaration and hire of the $11,700 dividends to the owner Diane Maynard. Question No.3 Why do proceed salary not ontogeny by the come up of June net income? Answer Retained earnings not increase by the come in of June net income because the bear earning account was decreased by the dividend payment of $11,700 Question No.4 As a June 30, do you odour that Maynard connection is worth the amount in stakeholders rectitude $619,446? Explain.
Answer By definition, stakeholders loveliness defines the unions net worth. In this case, Maynard party has a total of $619,446 shareowners equity meaning that the company has made that amount of simoleons by and by both dividends has been distri exclusivelyed. In my opinion, after analyzing Maynard Companys balance sheet, the company is well worth $619,446. Although, if was up to my decision, the company would a bite less worth since it has liabilities but not much as it owns shareholders equity. So, I would subtract $62,442 of liabilities from $619of shareholders equity = $557,004If you want to engender a full(a) essay, order it on our website:
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