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Splish Brothers Inc. December 31, 2020 balance sheet showed the following: 4% preferred stock, $500 par value $403,000 Common stock, $1 par value 582,000 Paid-in capital in excess of par value - preferred stock 63,000 Paid-in capital in excess of par value - common stock 8,110,000 Retained earnings 10,740,000 Treasury stock 148,400 The average cost of the treasury shares was $14 per share. Answer the following questions: How many shares of common stock have been issued as of December 31,...
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Tamarisk, Inc.’s
December 31, 2020 balance sheet showed the following:
6% preferred stock,
$20 par value, cumulative,
40000 shares authorized; 25000 shares
issued
$ 500000
Common stock, $10 par
value, 3,000,000 shares authorized;
1,950,000 shares issued, 1,920,000
shares outstanding
19200000
Paid-in capital in
excess of par value - preferred stock
50000
Paid-in capital in
excess of par value - common stock
27700000
Retained earnings
9150000
Treasury stock (30,000
shares)
450000
Tamarisk declared and
paid a $80200 cash dividend on December...
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Coronado Corporation's December 31, 2020 balance sheet showed the following: $ 130000 7% preferred stock, $20 par value, cumulative, 9500 shares authorized; 6500 shares issued Common stock, $10 par value, 1010000 shares authorized; 910000 shares issued, 890000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (10067 shares) 9100000 35000 11460000 3760000 317100 Coronado's total stockholders' equity was $24218900. $24197900. $24797900. $24167900.
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Swifty Corporation's December 31, 2020 balance sheet showed the following: 9% preferred stock, $20 par value, cumulative, 9400 shares authorized; 6400 shares issued $ 128000 Common stock, $10 par value, 1020000 shares authorized; 920000 shares issued, 900000 shares outstanding 9200000 Paid-in capital in excess of par-preferred stock 33000 Paid-in capital in excess of...
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T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock ($50 par) Common stock ($0.10 par) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (5,000 common shares) Total stockholders' equity $500,000 30,000 7,520,000 8,050,000 610,100 (150,000) $8,510,100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3. If the common shares were...
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T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock (S50 par) $500.000 Common stock (S0.10 par) 30.000 Additional Paid in capital 7.520,000 Total paid in capital 8,050,000 Retained earnings 610,100 Treasury stock (5,000 common shares) (150.000) Total stockholders' equity $8.510.100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3. If the common shares were...
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Question 50 Marigold Corporation's December 31, 2018 balance sheet showed the following | 8% preferred stock, $20 par value, cumulative, 10600 shares authorized; 9100 shares issued Common stock, $10 par value, 980000 shares authorized; 930000 shares issued, 920000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (14800 shares) $182000 9300000 35000 11420000 3730000 310800 Marigold's total stockholders' equity was $24356200. $24386200. $24986200. $24407200.
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Sheffield Company has two classes of capital stock outstanding:
7%, $100 par preferred and $2 par common. At December 31, 2017, the
following accounts were included in stockholders’ equity.
Preferred Stock, 50,000 shares$ 5,000,000
Common stock, 1,200,000 shares2,400,000
Paid-in Capital in Excess of Par – Preferred Stock300,000
Paid-in Capital in Excess of Par – Common Stock28,800,000
Retained Earnings12,800,000
The following transactions affected stockholders’ equity during
2018.
Jan. 1-500 shares of preferred stock issued at $ 108 per
share.
Mar. 21-110,000...
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Presented below is the stockholders' equity section of Sheffield
Corp. at December 31, 2020:
Common stock, par value
$20; authorized 75,000 shares;
issued and outstanding 45200
shares
$ 904000
Paid-in capital in
excess of par value
352000
Retained earnings
508000
$1764000
During 2021, the following transactions occurred relating to
stockholders' equity:
2700 shares were reacquired at $28 per share.
3400 shares were reacquired at $34 per share.
1800 shares of treasury stock were sold at $31 per share.
For the...
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Sheffield Company has two classes of capital stock outstanding:
7%, $100 par preferred and $2 par common. At December 31, 2017, the
following accounts were included in stockholders’ equity.
Preferred Stock, 50,000 shares
$ 5,000,000
Common stock, 1,200,000 shares
2,400,000
Paid-in Capital in Excess of Par – Preferred Stock
300,000
Paid-in Capital in Excess of Par – Common Stock
28,800,000
Retained Earnings
12,800,000
The following transactions affected stockholders’ equity during
2018.
Jan. 1
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500 shares of preferred stock issued...
Splish Brothers Inc. December 31, 2020 balance sheet showed the following: 4% preferred stock, $500 par value $403,000 Common stock, $1 par value 582,000 Paid-in capital in excess of par value - preferred stock 63,000 Paid-in capital in excess of par value - common stock 8,110,000 Retained earnings 10,740,000 Treasury stock 148,400 The average cost of the treasury shares was $14 per share. Answer the following questions: How many shares of common stock have been issued as of December 31,...
Coronado Corporation's December 31, 2020 balance sheet showed the following: $ 130000 7% preferred stock, $20 par value, cumulative, 9500 shares authorized; 6500 shares issued Common stock, $10 par value, 1010000 shares authorized; 910000 shares issued, 890000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (10067 shares) 9100000 35000 11460000 3760000 317100 Coronado's total stockholders' equity was $24218900. $24197900. $24797900. $24167900.
T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock ($50 par) Common stock ($0.10 par) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (5,000 common shares) Total stockholders' equity $500,000 30,000 7,520,000 8,050,000 610,100 (150,000) $8,510,100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3. If the common shares were...
T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock (S50 par) $500.000 Common stock (S0.10 par) 30.000 Additional Paid in capital 7.520,000 Total paid in capital 8,050,000 Retained earnings 610,100 Treasury stock (5,000 common shares) (150.000) Total stockholders' equity $8.510.100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3. If the common shares were...
Question 50 Marigold Corporation's December 31, 2018 balance sheet showed the following | 8% preferred stock, $20 par value, cumulative, 10600 shares authorized; 9100 shares issued Common stock, $10 par value, 980000 shares authorized; 930000 shares issued, 920000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (14800 shares) $182000 9300000 35000 11420000 3730000 310800 Marigold's total stockholders' equity was $24356200. $24386200. $24986200. $24407200.