Make comments about how the condition as of the final stage of June compared with that at the beginning of June
Answer
The Current Ratio of Maynard Company importantly improven from a margin of 4.35 in June 1 to 2 2.15 in June 30. The financial condition of the confederacy still proved to be stable and this further evidence by the sack of the month clear income of $19,635 as well as the announcement and hire of the $11,700 dividends to the owner Diane Maynard.
Question No.3
Why do hold earnings not increase by the come up of June net income?
Answer
Retained earnings not increase by the amount of June net income because the retained earning account was decreased by the dividend payment of $11,700
Question No.4
As a June 30, do you feel that Maynard company is worth the amount in stakeholders Equity $619,446? Explain.
Answer
By definition, stakeholders comeliness defines the companys net worth. In this case, Maynard Company has a total of $619,446 shareowners equity meaning that the company has made that amount of profit by and by all dividends has been distributed. 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 bit 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 get a full(a) essay, order it on our website: Ordercustompaper.com
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