Homework Answers
2)
| KOHLER CORPORATION | |
| Statement of Retained Earnings | |
| For Year Ended December 31, 2017 | |
| Retained earnings, December 31, 2016 | $430000 |
| Add: Net income | 428000 |
| 858000 | |
| Less: Cash dividend declared | (564000) |
| Less: Treasury stock reissuances | (2250) |
| Retained earnings, December 31, 2017 | $291750 |
Calculation of Cash dividend
Dividend on Jan 5= (50000-6000)*$6= $264000
Dividend on Sep 5= (50000-6000+2250+3750)*$6= $300000
Total cash dividend= $264000+300000= $564000
Calculation of Treasury stock reissuances
Retained earnings= ($20-17)*3750-($24-20)*2250= $2250
3)
| KOHLER CORPORATION | |
| Stockholders' Equity Section of the Balance Sheet | |
| December 31, 2017 | |
| Common stock—$15 par value | $750000 |
| Paid-in capital in excess of par value, Common stock | 70000 |
| Total contributed capital | 820000 |
| Retained earnings | 291750 |
| Total stockholders' equity | $1111750 |
Add Answer to:
A bit confused in 2 and 3. Thanks!
Kohler Corporation reports the following components of stockholders'...
Kohler Corporation reports the following components of stockholders’ equity on December 31, 2016: Common stock—$15 par...
Kohler Corporation reports the following components of
stockholders’ equity on December 31, 2016:
Common stock—$15 par value, 100,000 shares authorized,
55,000 shares issued and outstanding
$
825,000
Paid-in capital in excess of par value, common stock
70,000
Retained earnings
400,000
Total stockholders' equity
$
1,295,000
In year 2017, the following transactions affected its stockholders’
equity accounts.
Jan.
1
Purchased 5,000 shares of its own stock at $20 cash per
share.
Jan.
5
Directors declared a $4 per share cash dividend...
Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 3.34 points Common...
Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 3.34 points Common stock-$10 par value, 1ee, eee shares authorized, 5e,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ See, ce 89, eee 43e, eee $1,818,eee BOOK During 2019, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug. Sept. Oct. Dec. 2 Purchased 4,5ee shares of its own stock at $25 cash...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$15 par...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$15 par value, 100,000 shares authorized, 45,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 675, eee 70, eee 370 eee $1,115, eee In year 2018, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 5,500 shares of its own stock at $25 cash per share. Jan. 5 Directors declared a 54 per...
Kohler Corporation reports the following components of stockholders’ equity on December 31, 2016: Common stock—$20 par...
Kohler Corporation
reports the following components of stockholders’ equity on
December 31, 2016:
Common stock—$20
par value, 100,000 shares authorized,
60,000 shares issued and outstanding
$
1,200,000
Paid-in capital
in excess of par value, common stock
80,000
Retained
earnings
430,000
Total
stockholders' equity
$
1,710,000
In year 2017, the following transactions affected its stockholders’
equity accounts.
Jan.
1
Purchased 5,500
shares of its own stock at $15 cash per share.
Jan.
5
Directors declared
a $6 per share cash dividend...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: Common stock-$15 par...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: Common stock-$15 par value, 188,800 shares authorized, 50, eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 750,000 70, eee 438,888 $1,250,000 In year 2017, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 6,800 shares of its own stock at $2e cash per share. Jan. 5 Directors declared a $6 per share cash...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$25...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$25 par value, 1ee,eee shares authorized, 55,e00 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,375, eee 7e, eee 400,e00 $1,845,000 In year 2018, the following transactions affected its stockholders' equity accounts. 1 Purchased 4,500 shares of its Own stock at $20 cash per share. 5 Directors declared a $4 per share cash dividend payable on...
Kohler Corporation reports the following components of stockholders' equity at December 31, 2018. Common stock-$20 par...
Kohler Corporation reports the following components of stockholders' equity at December 31, 2018. Common stock-$20 par value, lee, 800 shares authorized, 55,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,180,800 70,000 370,00 $1,540, eee During 2019, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug. Sept. Oct. Dec. 2 Purchased 5,580 shares of its own stock at $15 cash per share. 5 Directors declared a...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$15 par...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$15 par value, 100, 200 shares authorized, 45,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 675, eee 7e, eee 37e eee $1,115, eee In year 2018, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 5,5ee shares of its own stock at $25 cash per share. Jan. 5 Directors declared a 54...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: Common stock-$2...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: Common stock-$20 par value, 100,000 shares authorized 45,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 900,000 70,000 430,000 $1,400,000 In year 2017, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug. Sept. 1 Purchased 4,000 shares of its own stock at $25 cash per share. 5 Directors declared a $4 per...
Help with 1, 2 and 3 please Kohler Corporation reports the following components of stockholders' equity...
Help with 1, 2 and 3 please
Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 Problem 13-2A Cash dividends, treasury stock, and statement of retained earnings C3 P2 P3 Common stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding. Paid-in capital in excess of par value, common stock .... Retained earnings.. Total stockholders' equity .................. $400,000 60,000 270,000 $730,000 During 2019, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 4,000...
Kohler Corporation reports the following components of
stockholders’ equity on December 31, 2016:
Common stock—$15 par value, 100,000 shares authorized,
55,000 shares issued and outstanding
$
825,000
Paid-in capital in excess of par value, common stock
70,000
Retained earnings
400,000
Total stockholders' equity
$
1,295,000
In year 2017, the following transactions affected its stockholders’
equity accounts.
Jan.
1
Purchased 5,000 shares of its own stock at $20 cash per
share.
Jan.
5
Directors declared a $4 per share cash dividend...
Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 3.34 points Common stock-$10 par value, 1ee, eee shares authorized, 5e,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ See, ce 89, eee 43e, eee $1,818,eee BOOK During 2019, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug. Sept. Oct. Dec. 2 Purchased 4,5ee shares of its own stock at $25 cash...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$15 par value, 100,000 shares authorized, 45,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 675, eee 70, eee 370 eee $1,115, eee In year 2018, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 5,500 shares of its own stock at $25 cash per share. Jan. 5 Directors declared a 54 per...
Kohler Corporation
reports the following components of stockholders’ equity on
December 31, 2016:
Common stock—$20
par value, 100,000 shares authorized,
60,000 shares issued and outstanding
$
1,200,000
Paid-in capital
in excess of par value, common stock
80,000
Retained
earnings
430,000
Total
stockholders' equity
$
1,710,000
In year 2017, the following transactions affected its stockholders’
equity accounts.
Jan.
1
Purchased 5,500
shares of its own stock at $15 cash per share.
Jan.
5
Directors declared
a $6 per share cash dividend...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: Common stock-$15 par value, 188,800 shares authorized, 50, eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 750,000 70, eee 438,888 $1,250,000 In year 2017, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 6,800 shares of its own stock at $2e cash per share. Jan. 5 Directors declared a $6 per share cash...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$25 par value, 1ee,eee shares authorized, 55,e00 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,375, eee 7e, eee 400,e00 $1,845,000 In year 2018, the following transactions affected its stockholders' equity accounts. 1 Purchased 4,500 shares of its Own stock at $20 cash per share. 5 Directors declared a $4 per share cash dividend payable on...
Kohler Corporation reports the following components of stockholders' equity at December 31, 2018. Common stock-$20 par value, lee, 800 shares authorized, 55,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,180,800 70,000 370,00 $1,540, eee During 2019, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug. Sept. Oct. Dec. 2 Purchased 5,580 shares of its own stock at $15 cash per share. 5 Directors declared a...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$15 par value, 100, 200 shares authorized, 45,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 675, eee 7e, eee 37e eee $1,115, eee In year 2018, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 5,5ee shares of its own stock at $25 cash per share. Jan. 5 Directors declared a 54...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: Common stock-$20 par value, 100,000 shares authorized 45,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 900,000 70,000 430,000 $1,400,000 In year 2017, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug. Sept. 1 Purchased 4,000 shares of its own stock at $25 cash per share. 5 Directors declared a $4 per...
Help with 1, 2 and 3 please
Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 Problem 13-2A Cash dividends, treasury stock, and statement of retained earnings C3 P2 P3 Common stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding. Paid-in capital in excess of par value, common stock .... Retained earnings.. Total stockholders' equity .................. $400,000 60,000 270,000 $730,000 During 2019, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 4,000...
Most questions answered within 3 hours.
-
SOLUTION NOT NEEDED ONLY NEED THE ANSWERS, HOMEWORK IS DUE IN 30
MINUTES.
4)Which of the...
asked 11 minutes ago -
You will select one card from a standard deck of 52 cards. What
is the probability...
asked 38 minutes ago -
50% of the volume of a boat, sailing down the Mississippi (where
the water density ρ...
asked 59 minutes ago -
Calculate how many moles of ions are in 1.4 L of 2.9 M KNO2
(aq). Remember...
asked 1 hour ago -
Experiment:
In the experiment: Mix together 74 g. (92 ml.) of n-butyl
alcohol and 120 g....
asked 2 hours ago -
This Python module will be menu driven
and use conditions to check user input in order...
asked 2 hours ago -
Tip Calculator App
For this project, you will create a tip calculator Android
app. The user...
asked 3 hours ago -
A first order chemical reaction has an energy of activation of
90.0 kJ/mol and a rate...
asked 4 hours ago -
Which statement is not correct?
Mutations change the sequence of nucleotides in DNA.
Mutations can be...
asked 6 hours ago -
An organization is not required to accommodate an employee's
disability when the accommodation would cause "undue...
asked 6 hours ago -
Mojo Mining has a bond outstanding that sells for $2,165 and
matures in 17 years. The...
asked 6 hours ago -
Olympic weightlifter Zoe Smith holds a 58 kg barbell over her
head, 2.1 meters above the...
asked 6 hours ago