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Balance Sheet Stockholders' equity: Preferred stock, $1 par value $ 5,000 Common stock, $1 par value 20,000 Additional paid-in capital 575,000 Total paid-in capital 600,000 Retained earnings 278,000 Treasury stock, 10,000 common shares - Total stockholders' equity $ 658,000 1. How many shares of preferred stock have been issued? Number of shares? 2 How many shares of common stock have been issued? Number of shares? 3. If the common shares were issued at $20 per share, at what price per share were the preferred shares issued? 4 If retained earnings at the beginning of the period was $240 million and $20 million was paid in dividends during the year, what was the net income for the year? 5 What was the average cost per share of the treasury stock acquired?
research the following statements and write a paper of 500 words on your findingswhat are the key differences between a
Prepare the income statement of owner's equity for the calendar year 2009 and the classified balnace sheet at December 31, 2009. Prepare the necessary closing entries at December 31, 2009.
Medium Inc. had one class of stock outstanding. The one class of stock was owned 50 percent by Linda and 25 percent by each of Linda's parents.
spruce enterprises operates a chain of lumber stores. in 2008 corporate management examined industry-level data
On January 1, 2010 M. Johnson Company purchased equipment for $30,000. The company is depreciating the equipment at the rate of $500 per month. The book vaule of the equipment at December is?
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Compute the budgeted factory overhead rate
The credit manager of Gary prepared an aging schedule of accounts receivable and estimates that $4,800 will prove to be uncollectible.
Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 430 units occurred on June 15 for a selling price of $8 and a sale of 370 units on June 27 fo..
from the following statement please 1 complete bank reconciliation for jimmys deli found on the reverse of the bank
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