Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What was the average issue price per share of preferred stock?
7% preferred stock, $100 par, callable at $105. 50,000 shares authorized, 60,000 shares issued ...................
$6,000,000
Common stock, $2 par, 600,000 shares authorized, 400,000 shares issued, of which 30,000 are held in treasury ................................
800,000
Additional paid-in capital:
From issuance of preferred stock................................
680,000
From issuance of common stock .........................................................................
1,720,000
From treasury stock transactions .....................................................................
60,000
From common stock dividends ...........................................................................
400,000
Total paid-in capital ..........................................................................
$9,660,000
Retained earnings ($240,000 equal to cost of treasury stock is not available for dividends) ............................................................
2,400,000
$12,060,000
Less: Treasury stock (at cost 30,000 common shares) ........................................
(240,000)
Total stockholders' equity ......................................................................
$11,820,000
Answer the following question based on the stockholder's equity section given above. The company purchased no treasury stock before 2008. Please show your work to receive partial credit in the event that your final answer is incorrect.
a. What was the average issue price per share of preferred stock?
b. How many shares of common stock are outstanding?
The fund pays interest at 5% compounded annually. What is the balance of the fund at the end of 2010 (after the 2010 deposit)? Show your work.
selected data from a february payroll register for cheney company are presented below.some amounts are intentionally
calculation of percentage of total assets.reading and interpreting a balance sheeta recent balance sheet for walt
determine some of the initial interview questions to help a forensic accountant to accurately estimate the income from a service station. Explain proactive auditing. Compare with reactive auditing. Give specific techniques. Illustrate what are so..
During July, the company purchases and uses 3,800 pounds of materials costing $19,570 in making 1,530 units of finished product. Compute the total, price, and quantity materials variances.
It sold 150 units for $45 each from March 1 through December 31. If the company uses the Last-In, First-Out inventory costing method, what is the amount of ending inventory on December 31?
This schedule shows that $60,000 will be depreciated for a particular calendar year. Instructions Show calculations to determine for what particular year depreciation amount for this asset will be $60,000.
Determine the average waiting time for cycles if they are the only item manufactured? and What are the average waiting times if both cycles and scooters are produced and the assembly line is not enlarged?
Prepare the service revenue budget for 2012 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue
preparation of journal entries for payroll accounting.gross pay for the employees of mr. scott corporation for february
question 1. why would a company pay to have its public debt rated by a major rating agency such as moodys or standard
question 1. adjusting entries are needed at the end of the period to make sure that accrual accounting principles are
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd