Analysis of stockholders'' equity , Cost Accounting

Analysis of stockholders equity:

Star Corporation issued both common and preferred stock during 19X6. The stockholders' equity sections of the company's balance sheets at the end of 19X6 and 19X5 follow.


19X6

19X5

Preferred stock, $100 par value, 10%

$580,000

$500,000

Common stock, $10 par value

2,350,000

1,750,000




Paid-in capital in excess of par value



Preferred

24,000

-

Common

4,620,000

3,600,000

Retained earnings

8,470,000

6,920,000

Total stockholders' equity

$16,044,000

$12,770,000

 

a. Compute the number of preferred shares that were issued during 19X6.

b. Calculate the average issue price of the common stock sold in 19X6.

c.  By what amount did the company's paid-in capital increase during 19X6?

Did Star's total legal capital increase or decrease during 19X6? By what amount

Posted Date: 2/12/2013 7:05:11 AM | Location : United States







Related Discussions:- Analysis of stockholders'' equity , Assignment Help, Ask Question on Analysis of stockholders'' equity , Get Answer, Expert's Help, Analysis of stockholders'' equity Discussions

Write discussion on Analysis of stockholders'' equity
Your posts are moderated
Related Questions
Profit Analysis and Cost Volume or CVP Analysis CVP Analysis checks the relationship between profit, activity level and the cost. CVP Analysis assists in a broad range of p

You are thinking of investing in one of two corporations, both in the same industry, the XYZ Corporation or the ABC Corporation. Selected data follows: Sales data for the year e


A company manufactures two products, Product A manufactured in Process Y and Product B manufactured in Process Z. The following information is available for a period:

There are different activities undertaken through a business that prove to be either source or use of cash. These can be categorizes under three broad categories that are: investin

Calculate the rate of learning at which the initial production phase profit target would be achieved, assuming no other cost savings can be made.   Assuming no other cost savi

ADescribe the impact of different types of standards on motivations, and specifically, the likely effect on motivation of adopting the labor standard recommended for Geeta & Compan

Your company completed the East Side subdivision. The costs are shown in Figure 11-4. The site concrete labor and outside lighting were done by subcontractors. The grading and exca

1.    Provide at least three characteristics of a corporation (in your own words).   2.   The date on which a cash dividend becomes a binding legal obligation is known

Goldman Corporation bought a machine on June 1, 2010, for $44,838, f.o.b. the place of manufacture. Freight to the point where it was set up was $282, and $705 was expended to inst