Shares of common stock - retained earnings, Accounting Basics

XYZ Technology had $640,000 of retained earnings on December 31, 2010. The company paid common dividends of $50,000 in 2010 and had retained earnings of $500,000 on December 31, 2009. Determine how much did XYZ Technology earn during 2010, and what would earnings per share be if 40,000 shares of common stock were outstanding?

Posted Date: 3/20/2013 2:36:14 AM | Location : United States







Related Discussions:- Shares of common stock - retained earnings, Assignment Help, Ask Question on Shares of common stock - retained earnings, Get Answer, Expert's Help, Shares of common stock - retained earnings Discussions

Write discussion on Shares of common stock - retained earnings
Your posts are moderated
Related Questions
Accounting Standards  The flexibilities offered by a choice of accounting treatments distinctly diminish, and even distort the comparability of relevant inform


Q. Explain about Predictive value and feedback value? Several suggest using a different valuation basis such as current cost in reporting such assets. Predictive value and feed

difference between credit and debit

Q. What is Long-term liabilities? Long-term liabilities are debts such as a bonds payable and mortgage payable that aren't due for more than one year. Companies must show matur


Q. Interest rate implied in cash discounts? Interest rate implied in cash discounts to decide whether you should take benefit of discounts by using your cash or borrowing makes

Q. Explain Merchandise in transit? Merchandise in transit is merchandise in the hands of a shipment company on the date of a physical inventory. As stated above buyers should

what is the BRS

Q. Transactions affecting only the balance sheet? Since every transaction affecting a business entity must be recorded in the accounting records analyzing a transaction before