Homework Answers
Please comment for any queries... Thank you!!!
Change takes place in Retained earnings balance is because of Net income and Dividend paid amount. But not due to Issue of stock.
Add Answer to:
please show work
On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,674...
Please show all work. Thank you in advance. The books of Crane Corporation carried the following...
Please show all work. Thank you in
advance.
The books of Crane Corporation carried the following account balances as of December 31, 2020. Cash Preferred Stock (6% cumulative, nonparticipating, $50 par) Common Stock (no-par value, 280,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Treasury Stock (common 2,800 shares at cost) Retained Earnings $ 176,000 300,000 1,400,000 151,000 36,500 97,300 The company decided not to pay any dividends in 2020. The board of directors, at their annual meeting on...
On January 1, 2020, Sheridan Corporation had the following stockholders' equity accounts.
On January 1, 2020, Sheridan Corporation had the following stockholders' equity accounts. Common Stock ($22 par value, 53,500 shares issued and outstanding) $1,177,000 Paid-in Capital in Excess of Par-Common Stock 191,000Retained Earnings 631,000 During the year, the following transactions occurred. Feb. 1 Declared a 3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $38. July 1 Declared a...
On January 1, 2020, Pharoah Company had the following stockholders' equity accounts. Common Stock ($26 par...
On January 1, 2020, Pharoah Company had the following stockholders' equity accounts. Common Stock ($26 par value, 58,500 shares issued and outstanding) $1,521,000 Paid-in Capital in Excess of Par-Common Stock 192,000 Retained Earnings 622,000 During the year, the following transactions occurred. Feb. Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. Paid the dividend declared in February. Apr. Announced a 2-for-1 stock split. Prior to the split, the market price per...
On January 1, 2020, Wildhorse Corporation had the following stockholders’ equity accounts. Common Stock ($22 par...
On January 1, 2020, Wildhorse Corporation had the following stockholders’ equity accounts. Common Stock ($22 par value, 54,000 shares issued and outstanding) $1,188,000 Paid-in Capital in Excess of Par—Common Stock 199,000 Retained Earnings 626,000 During the year, the following transactions occurred. Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the...
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...
Please answer parts 1 & 2 and show all work, thanks. Toucnu. Preparing the Stockholders' Equity...
Please answer parts 1 & 2 and show all work, thanks.
Toucnu. Preparing the Stockholders' Equity Section of the Balance Sheet and Evaluating Dividend Policy P11-10 LO11-1, 11-3, 115, 117 The following information was extracted from the records of Cascade Company at the end of the fiscal year after all adjusting entries were completed: Common stock ($0.01 par value: 200,000 shares authorized, 54,000 shares issued, 52,000 shares outstanding) Additional paid-in capital Dividends declared and paid during the year Retained earnings...
Please show work. Thanks in advance! Donnie Hilfiger has two classes of stock authorized: $1 par...
Please show work. Thanks in advance!
Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2021, 200 shares of preferred stock and 3,900 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March 1 Issue 1,000 shares of common stock for $41 per share. May 15 Purchase 600 shares of treasury stock for $34 per share. July 10 Resell 100 shares of...
prepare a statement of shareholders' equity Raider Consulting Corp began operations on January 1, 2020. They...
prepare a statement of shareholders' equity
Raider Consulting Corp began operations on January 1, 2020. They issued 13,500 shares of $2 par value common stock. Chart of Accounts: 11 Cash 12 Accounts Receivable 14 Supplies 15 Prepaid Rent 16 Prepaid Insurance 18 Office Equipment 19 Accumulated Depreciation 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees 31 Common Stock, $2 par 32 Paid in Capital in Excess of Par 33 Retained Earnings 34 Dividends Declared 41 Fees Earned 51 Salaries...
Ontario Company reports the following components of stockholders’ equity on January 1. Common stock—$10 par value,...
Ontario Company reports the following components of
stockholders’ equity on January 1.
Common stock—$10 par value, 110,000 shares authorized,
40,000 shares issued and outstanding
$
400,000
Paid-in capital in excess of par value, common stock
60,000
Retained earnings
330,000
Total stockholders' equity
$
790,000
During the year, the following transactions affected its
stockholders’ equity accounts.
Jan.
2
Purchased 4,000 shares of its own stock at $23 cash per
share.
Jan.
5
Directors declared a $2 per share cash dividend payable...
E4.2 Help Can someone please explain the calculations for this? Please show work. Equity Method Accounting, Subsequent Years PL Communications acquired all of the stock of SJ Telecom on January 1,...
E4.2 Help
Can someone please explain the calculations for this?
Please show work.
Equity Method Accounting, Subsequent Years PL Communications acquired all of the stock of SJ Telecom on January 1,2019. It is now December 31, 2021, three years later. PL Communications uses the complete equity method to report its investment in SJ Telecom on its own books. Both companies have December 31 year-ends. The following information is available e PL Communications paid $400 million to acquire SJ Telecom. e...
Please show all work. Thank you in
advance.
The books of Crane Corporation carried the following account balances as of December 31, 2020. Cash Preferred Stock (6% cumulative, nonparticipating, $50 par) Common Stock (no-par value, 280,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Treasury Stock (common 2,800 shares at cost) Retained Earnings $ 176,000 300,000 1,400,000 151,000 36,500 97,300 The company decided not to pay any dividends in 2020. The board of directors, at their annual meeting on...
On January 1, 2020, Pharoah Company had the following stockholders' equity accounts. Common Stock ($26 par value, 58,500 shares issued and outstanding) $1,521,000 Paid-in Capital in Excess of Par-Common Stock 192,000 Retained Earnings 622,000 During the year, the following transactions occurred. Feb. Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. Paid the dividend declared in February. Apr. Announced a 2-for-1 stock split. Prior to the split, the market price 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...
Please answer parts 1 & 2 and show all work, thanks.
Toucnu. Preparing the Stockholders' Equity Section of the Balance Sheet and Evaluating Dividend Policy P11-10 LO11-1, 11-3, 115, 117 The following information was extracted from the records of Cascade Company at the end of the fiscal year after all adjusting entries were completed: Common stock ($0.01 par value: 200,000 shares authorized, 54,000 shares issued, 52,000 shares outstanding) Additional paid-in capital Dividends declared and paid during the year Retained earnings...
Please show work. Thanks in advance!
Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2021, 200 shares of preferred stock and 3,900 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March 1 Issue 1,000 shares of common stock for $41 per share. May 15 Purchase 600 shares of treasury stock for $34 per share. July 10 Resell 100 shares of...
prepare a statement of shareholders' equity
Raider Consulting Corp began operations on January 1, 2020. They issued 13,500 shares of $2 par value common stock. Chart of Accounts: 11 Cash 12 Accounts Receivable 14 Supplies 15 Prepaid Rent 16 Prepaid Insurance 18 Office Equipment 19 Accumulated Depreciation 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees 31 Common Stock, $2 par 32 Paid in Capital in Excess of Par 33 Retained Earnings 34 Dividends Declared 41 Fees Earned 51 Salaries...
Ontario Company reports the following components of
stockholders’ equity on January 1.
Common stock—$10 par value, 110,000 shares authorized,
40,000 shares issued and outstanding
$
400,000
Paid-in capital in excess of par value, common stock
60,000
Retained earnings
330,000
Total stockholders' equity
$
790,000
During the year, the following transactions affected its
stockholders’ equity accounts.
Jan.
2
Purchased 4,000 shares of its own stock at $23 cash per
share.
Jan.
5
Directors declared a $2 per share cash dividend payable...
E4.2 Help
Can someone please explain the calculations for this?
Please show work.
Equity Method Accounting, Subsequent Years PL Communications acquired all of the stock of SJ Telecom on January 1,2019. It is now December 31, 2021, three years later. PL Communications uses the complete equity method to report its investment in SJ Telecom on its own books. Both companies have December 31 year-ends. The following information is available e PL Communications paid $400 million to acquire SJ Telecom. e...
Most questions answered within 3 hours.
-
Write a program to score the paper-rock-scissor game. Each of
two users types in either P,R...
asked 2 minutes ago -
Calculate the equillibrium constent K for a redox reaction that
has E°cell = -.98 V at...
asked 14 minutes ago -
A concave spherical mirror has a radius of curvature of
magnitude 19.6 cm.
(a) Find the...
asked 16 minutes ago -
3. draw a diagram of the magnetic field:
a. around a long straight wire with a...
asked 14 minutes ago -
If you titrated 30.0 mL of 0.1 M HCl with 0.1 M NaOH, indicate
the approximate...
asked 23 minutes ago -
NADH passes electrons into the electron transport chain. List
the carriers that would receive the electrons,...
asked 31 minutes ago -
A cylindrical cable with a resistivity of 1.6x10-8 Ω·m and cross
sectional area of 3x10-5 m^2...
asked 31 minutes ago -
True or False.
A consumer with convex preferences who is indifferent between
the bundles (5,2) and...
asked 35 minutes ago -
A diamond's index of refraction for red light, 656 nm, is 2.410,
while that for blue...
asked 48 minutes ago -
Compare HPLC, SPE, and GC. Identify the differences, the
advantages, and the weaknesses of each method.
asked 49 minutes ago -
Characteristic x-rays emitted by potassium have a wavelength of
0.374 nm. What is the energy of...
asked 51 minutes ago -
there is a function to create two random numbers between 1 and
25 and a function...
asked 1 hour ago