Reference no: EM133171049
Questions -
Q1. A corporation purchased 1,000 shares of its own $5 par common stock at $10 and subsequently sold 500 of the shares at $19. What is the amount credited to paid in capital - treasury stock?
Q2. The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were originally issued and 10,000 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared?
Q3. The Dayton Corporation began the current year with a retained earnings balance of $45,000. During the current year, the company earned net income of $10,000 and declared cash dividends of $7,000. Compute the year-end retained earnings balance.
Q4. Oregon, Inc. reported net income of $105,000. During the current year, the company had 5,000 shares of $100 par, 5% preferred stock and 10,000 of $5 par common stock outstanding for the entire year. Oregon's earnings per share is.
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What is the margin on total variable cost of product A
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How do chaos and complexity differ from one another
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Role in promoting global free trade
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What is the income tax payable reported on December
: Pretax accounting income in 2020 was P2,500,000. The tax rate is 30%. What is the income tax payable reported on December 31, 2020
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What is amount credited to paid in capital - treasury stock
: A corporation purchased 1,000 shares of its own $5 par common stock at $10 and subsequently sold 500 of the shares at $19. What is the amount credited to paid
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Example of possible agency conflict
: Give an example of a possible agency conflict between inside owners/managers and outside shareholders. What could be done to mitigate this issue?
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What is the value of the preferred stock
: Common stock and preferred stock - What is the value of the preferred stock when the dividend rate is 14% and the par value is $100
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Main components in the interactive framework
: What is the main components in the Interactive Framework of the Leadership Model which form the foundation and essentials of situational and contingency theorie
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Explain the projects and operations
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