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The following data is available for Red Carpet Corporation at December 31: Common stock, par $2...
The following data is available for BOX Corporation at December 31, 2014: Common stock, par $10...
The following data is available for BOX Corporation at December 31, 2014: Common stock, par $10 (authorized 30,000 shares) $250,000 Treasury stock (at cost $15 per share) $1,500 Preferred stock, par $50 (authorized 10,000 shares) $500,000 Based on the data, how many shares of common stock are outstanding ie. voting? 24,900 25,000 29,000 40,000 80,000
The following data is available for Oriole Company at December 31, 2020: Common stock, par $10...
The following data is available for Oriole Company at December 31, 2020: Common stock, par $10 (authorized 29000 shares) $232000 Treasury stock (at cost $15 per share) $975 Based on the data, how many shares of common stock are outstanding? 23200. 29000. 23135. 26035.
Dally Cleaners reported the following information at December 31, 2018: Common stock, $2 par, 300
Dally Cleaners reported the following information at December 31, 2018: Common stock, $2 par, 300,000 shares authorized 80,000 Additional paid-in capital 1,200,000 Retained earnings 5,600,000 Total $6,880,000 Less: Treasury stock (2,000 common shares at cost) 68,000 Total Stockholders' Equity $6,948,000 Net Income $845,000 Answer the following questions for Dally Cleaners in the space provided: How many shares of common stock are authorized? _____________ How many shares of common...
Question 10 x Your answer is incorrect. Try again. The following data is available for Swifty...
Question 10 x Your answer is incorrect. Try again. The following data is available for Swifty Service Corporation at December 31, 2021: Common stock, par $10 (authorized 30700 shares) Treasury Stock (at cost $15 per share) $241000 900 Based on the data, how many shares of common stock are outstanding? TO 30640 24100 15350 24040
2. The following data is available for John H. Corporation at December 31, common stock: authorize...
2. The following data is available for John H. Corporation at December 31, common stock: authorize shares 100,000 shares; issued number of shares 60,000 shares; treasury number of shares 5,000. If the Corporation pays a dividend of $2 per share, what is the total amount of the dividend paid to the common stockholders?
Puestion #3 M Mouse Corporation has the following stockholders' equity on December 31. 2018: Common Stock...
Puestion #3 M Mouse Corporation has the following stockholders' equity on December 31. 2018: Common Stock ($9-par value, 300,000 shares authorized, 200,000 shares issued and outstanding) Additional Paid-In Capital in Excess of Par Value Total Paid-In Capital Retained Earnings Total Stockholders' Equity 1,800,000 4,400,000 6,200,000 2,600,000 8,800,000 Part A: Use the given information to make the requested journal entries in Workpaper #3. You do not have to enter any information at Wileyplus for these questions. Part B: #1-6 Answer the...
At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common...
At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ? ; issue price $8 per share. Shares held as treasury stock, 10,000 shares, cost $6 per share. Net income for the current year, $481,000. Common Stock account, $150,000. Dividends declared and paid during the current year, $2 per share. Retained Earnings balance, beginning of year, $800,000. Required: Complete the...
At December 31 the records of Kozmetsky Corporation provided the following selected and incomplete data: Common...
At December 31 the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ?, issue price $8 per share. Shares held as treasury stock, 11,500 shares, cost $6 per share. Net income for the current year, $420,900. Common Stock account, $145,000. Dividends declared and paid during the current year, $2 per share. Retained Earnings balance, beginning of year, $750,000. Required: Complete the following:...
32. Knapp's Marine Supply reported the following information at December 31, 2019: Common stock, $2 par, 500,000...
32. Knapp's Marine Supply reported the following information at December 31, 2019: Common stock, $2 par, 500,000 shares authorized $ 300,000 Additional paid-in capital - Common 160,000 Retained earnings Less: Treasury Stock (cost $10/share) 90,000 (20,000) Total stockholders' equity $530,000 Answer the following questions for Knapp's Marine Supply. a) What is the Contributed Capital? $ _________________________ b) Would the total stockholders’ equity increase, decrease, or remain the same, if the company declared a 2-for-1 stock split on December 31, 2019? Explain. c) Would...
Ex:8 Slate Corporation had the following balances in its stockholders' equity accounts December 31, 2017: Common...
Ex:8 Slate Corporation had the following balances in its stockholders' equity accounts December 31, 2017: Common Stock, $10 par, 500,000 shares authorized, 20,000 shares issued. $200,000 Paid-in Capital in Excess of Par Value, Common 250,000 Retained Earnings ........ 500,000 Treasury Stock, 1,000 shares ....... 20,000) Total stockholders' equity ............ ..... $930,000 The following transactions occurred during 2018: February 3 May 10 October 12 December 31 Sold and issued 2,000 shares of common stock for $22 per share. Declared a $0.50...
Question 10 x Your answer is incorrect. Try again. The following data is available for Swifty Service Corporation at December 31, 2021: Common stock, par $10 (authorized 30700 shares) Treasury Stock (at cost $15 per share) $241000 900 Based on the data, how many shares of common stock are outstanding? TO 30640 24100 15350 24040
Puestion #3 M Mouse Corporation has the following stockholders' equity on December 31. 2018: Common Stock ($9-par value, 300,000 shares authorized, 200,000 shares issued and outstanding) Additional Paid-In Capital in Excess of Par Value Total Paid-In Capital Retained Earnings Total Stockholders' Equity 1,800,000 4,400,000 6,200,000 2,600,000 8,800,000 Part A: Use the given information to make the requested journal entries in Workpaper #3. You do not have to enter any information at Wileyplus for these questions. Part B: #1-6 Answer the...
At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ? ; issue price $8 per share. Shares held as treasury stock, 10,000 shares, cost $6 per share. Net income for the current year, $481,000. Common Stock account, $150,000. Dividends declared and paid during the current year, $2 per share. Retained Earnings balance, beginning of year, $800,000. Required: Complete the...
At December 31 the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ?, issue price $8 per share. Shares held as treasury stock, 11,500 shares, cost $6 per share. Net income for the current year, $420,900. Common Stock account, $145,000. Dividends declared and paid during the current year, $2 per share. Retained Earnings balance, beginning of year, $750,000. Required: Complete the following:...
Ex:8 Slate Corporation had the following balances in its stockholders' equity accounts December 31, 2017: Common Stock, $10 par, 500,000 shares authorized, 20,000 shares issued. $200,000 Paid-in Capital in Excess of Par Value, Common 250,000 Retained Earnings ........ 500,000 Treasury Stock, 1,000 shares ....... 20,000) Total stockholders' equity ............ ..... $930,000 The following transactions occurred during 2018: February 3 May 10 October 12 December 31 Sold and issued 2,000 shares of common stock for $22 per share. Declared a $0.50...
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