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Stockholders' Equity at December 31, 2015 is?

1) $5708
2) $1017
3) $974
4) $1368
5) $3323

User MgSam
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1 Answer

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Final answer:

Stockholders' Equity refers to the residual interest in the assets of a company after subtracting liabilities. It is found on the balance sheet, but without specific details, we cannot determine the Stockholders' Equity for a particular company as of December 31, 2015 from the provided options.

Step-by-step explanation:

The question regarding Stockholders' Equity at December 31, 2015, is focused on a fundamental concept in accounting and financial reporting. Stockholders' Equity represents the residual interest in the assets of an entity that remains after deducting its liabilities. To determine the Stockholders' Equity, one would examine a company's balance sheet, which outlines the company's financial position, including assets, liabilities, and equity at a specific point in time.

Although the information provided references overall U.S. home equity and the net worth of a bank, it doesn't directly indicate the Stockholders' Equity of a particular company on a specific date. In a typical balance sheet, Stockholders' Equity is calculated by taking the total assets and subtracting the total liabilities. An example given includes calculating equity as the market value of an asset (like a house) minus what is still owed to the bank (a mortgage).

In the context of the provided information, without explicit financial details about assets and liabilities, it is not possible to accurately determine the Stockholders' Equity for a given entity as of December 31, 2015. Therefore, based on the info given, we cannot confidently choose between the provided answer options ($5708, $1017, $974, $1368, $3323) as the correct Stockholders' Equity.

User Popoy
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