The balance sheet of Old Gold Mines, a gold mining company, for the year ended June 30, 20x1, showed current assets of $6 million, noncurrent assets of $49 million, noncurrent liabilities of $14 million, and current liabilities of $4 million. Compute the amount of shareholders' equity on Old Gold Mines' balance sheet at the end of 20x1
a. $14 million
b. $27 million
c. $33 million
d. $37 million
e. $41 million
D
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Answer the following statements true (T) or false (F)
The strongest evidence from capital market research concerns the information content of annual accounting earnings numbers.
A title for goods obtained by a seller through fraud, impersonation, or a dishonored check is referred to as a(n) ________
A) unenforceable title B) voidable title C) conditional title D) unequivocal title
Which weakness of how OD is practiced today relates to jumping on bandwagons and risking its identity?
a. Different definitions b. Rapid adoption of latest techniques or technologies c. Challenge of business-oriented values d. Lack of consistency in set of skills and competencies
Using 1 to represent January, 2 to represent February, and so on, what is the intercept for the regression equation that predicts the pounds of supplies available?
A) 0.55 B) -2.74 C) 59.55 D) 8.87