Homework Answers
1) Number of shares of preferred stock issued = 118000/20 = 5900 Shares
2) Number of shares of preferred stock outstanding = 5900-1000 = 4900 shares
3) Average issue price = (118000+18290)/5900 = 23.10
4) Average issue price of common Stock = 716900/6700 = 107
5) Decrease
6) Cost per share = 9850/1000 = 9.85 per share
7) Total Stockholder's equity = 118000+18290+716900+37000-9850 = 880340
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The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following a...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: $ 108,000 15,390 Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par; authorized 20,000 shares, issued and outstanding 6,200 shares) Retained Earnings Treasury Stock 1.000 preferred shares at cost 632,400 32,000 (9,600 ) Assume that no shares of treasury stock have been sold in the...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: $ 124,000 20,150 Contributed Capital Preferred Stock (par $ 20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par; authorized 20,000 shares, issued and outstanding 7,000 shares) Retained Earnings Treasury Stock, 1,000 Preferred shares at cost 770,000 40,000 (10,000) Assume that no shares of treasury stock have been sold in the...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: $ 112,000 16,520 Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par; authorized 20,000 shares, issued and outstanding 6,400 shares) Retained Earnings Treasury Stock, 1,000 Preferred shares at cost 665,600 34,000 (9,700) Assume that no shares of treasury stock have been sold in the past....
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amount...
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the stockholders equity section on the December 31 balance sheet of Chemfast 10. value 0.50 points...
the stockholders equity section on the December 31 balance
sheet of Chemfast
10. value 0.50 points The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: S 92.000 11.270 Contributed Capital Preferred Stock (par $20authorized 10,000 shares, ? issued of which 1,000 shares are held as treasury stock) Additional Paid-in Capital, Preferred Common Stock (no-par, authorized 20,000 shares, issued and outstanding 5,400 shares) Retained Earnings Treasury Stock 1,000 Preferred shares at cost 507,600...
The stockholders' equity section on the December 31, 2014, balance sheet of American Corporation follows: Stockholders'...
The stockholders' equity section on the December 31, 2014, balance sheet of American Corporation follows: Stockholders' Equity Contributed capital Preferred stock (par $28; authorized 17,000 shares, ? issued, $196,000 of which 1,000 shares are held as treasury stock) Common stock (no-par, authorized 20,000 shares, issued and outstanding 7,000 shares) Contributed capital (includes $2,300 from treasury 574,000 stock transactions) Retained earnings Cost of treasury stock, preferred 16,300 41,000 (21,000) 6. How much did the treasury stock held cost per share? (Round...
E11-7 Finding Amounts Missing from the Stockholders Equity Section [LO 11-2, LO 11-4] The stockholders' equity...
E11-7 Finding Amounts Missing from the Stockholders Equity Section [LO 11-2, LO 11-4] The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued of which 1,000 shares are held as treasury stock) Additional Paid-in Capital, Preferred Common Stock (no-par, authorized 20,000 shares, issued and 110,000 15,950 outstanding 6,300 shares) Retained Earnings Treasury Stock, 1,000 Preferred shares at cost 648,900 33,000 9,650 Assume...
The stockholders' equity section on the December 31 balance sheet of Hadley Corporation reported the following...
The stockholders' equity section on the December 31 balance sheet of Hadley Corporation reported the following amounts: Preferred Stock (par $50; authorized 10,000 shares, ? issued 310,400 Additional Paid-in Capital, Preferred 18,401 Common Stock (no-par; authorized 20,000 shares, issued and outstanding 5,300 shares) 60,204 Retained Earnings 137,366 Treasury Stock, 1,000 Preferred shares at cost 56,824 What is the total paid in capital for Hadley Corporation?
Stockholders' Equity Section of Balance Sheet The following Stockholders' Equity section of the balance sheet prepared...
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HIBITS Stockholders' Equity Section of a Balance Sheet Telex Ine. Balance Sheet December 31, 2017 Stockholders'...
HIBITS Stockholders' Equity Section of a Balance Sheet Telex Ine. Balance Sheet December 31, 2017 Stockholders' Equity Paid-in capital Preferred 10 stock 550 par 2.000 shares authorized and $100.000 10.000 $ 110,000 Excess over par... Paid in capital, preferred stock... Common stock.520 par 50.000 shares authorized 45,000 sharet istud.... Excess over par Pald-in capital, common stock.. From sale of treasury stock..... .... Total paid in capital...... Retained earnings.... .. ... $900.000 190.000 Method 1 1.090,000 2.000 $1.200.000 350,000 $1,552.000 (27,000)...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: $ 108,000 15,390 Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par; authorized 20,000 shares, issued and outstanding 6,200 shares) Retained Earnings Treasury Stock 1.000 preferred shares at cost 632,400 32,000 (9,600 ) Assume that no shares of treasury stock have been sold in the...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: $ 124,000 20,150 Contributed Capital Preferred Stock (par $ 20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par; authorized 20,000 shares, issued and outstanding 7,000 shares) Retained Earnings Treasury Stock, 1,000 Preferred shares at cost 770,000 40,000 (10,000) Assume that no shares of treasury stock have been sold in the...
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: $ 112,000 16,520 Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par; authorized 20,000 shares, issued and outstanding 6,400 shares) Retained Earnings Treasury Stock, 1,000 Preferred shares at cost 665,600 34,000 (9,700) Assume that no shares of treasury stock have been sold in the past....
The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: $ 96,000 12,240 Contributed Capital Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par, authorized 20,000 shares, issued and outstandine 5.600 shares) Retained Earnings Treasury Stock, 1,000 Prefetred shares at cost 537,600 26,000 (9,380) Assume that no shares of treasury stock have been sold in the past....
the stockholders equity section on the December 31 balance
sheet of Chemfast
10. value 0.50 points The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: S 92.000 11.270 Contributed Capital Preferred Stock (par $20authorized 10,000 shares, ? issued of which 1,000 shares are held as treasury stock) Additional Paid-in Capital, Preferred Common Stock (no-par, authorized 20,000 shares, issued and outstanding 5,400 shares) Retained Earnings Treasury Stock 1,000 Preferred shares at cost 507,600...
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