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4 The following information is provided for the newly formed corporation, LAX, Inc. on January 1, 2023: 5 Treasury Outstandin

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Credit No. 1 Debit $763,200,000 Date Accounts 3/31/2023 Cash Common stock Paid-in capital in excess of par- common stock $ 15

3.Treasury Authorized 100,000,000 1,000,000 Common stock, $1 par value: Preferres stock, 6.5%, $100 par value: Treasury, stock,

4.4 $ 1,547,000 6/30/2023 Cash Common stock Paid-in capital, treasury stock $ $ 1,058,750 488,250

Note: you can also use 'Additional paid in capital' account instead of 'Paid-in capital in excess of par'.

5. ROE = Net earnings / Average stockholders' equity

= $45,780,129 / $942,280,129 = 4.86%

please specify, should I use all info. above to compute the rest 3 requirements ?

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