Homework Answers
1) Preferred stock issued = 4700/1 = 4700 share
2) Common Stock issued = 17000/1 = 17000 shares
3) Average price per share = (462900-17000*17)/4700 = 37 per share
4) Net income = 237-17-275 = 55 Million
5) Average cost = 209000/11000 = 19 per share
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Check my Required information (The following information applies to the questions displayed below.) Part 1 of...
Required information [The following information applies to the questions displayed below.) The stockholders' equity section of...
Required information [The following information applies to the questions displayed below.) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) (s and shares in thousands) Stockholders' equity. Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity $ 5,800 28,000 1,028,600 1,062,400 286,000 (360,000) $ 988,400 Based on the stockholders' equity section of Velcro World, answer the following...
The stockholders’ equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($...
The stockholders’ equity section of Velcro World is presented
here.
VELCRO WORLD
Balance Sheet (partial)
($ and shares in thousands)
Stockholders' equity:
Preferred stock, $1 par value
$
4,600
Common stock, $1 par value
16,000
Additional paid-in capital
401,000
Total paid-in capital
421,600
Retained earnings
274,000
Treasury stock, 12,000 common shares
(216,000
)
Total stockholders' equity
$
479,600
Based on the stockholders' equity section of Velcro World,
answer the following questions. Remember that all amounts are
presented in thousands.
Required...
Saved Saved Chapter 10, Homework i You skipped this question in the previous attempt. 9 Required...
Saved Saved Chapter 10, Homework i You skipped this question in the previous attempt. 9 Required information [The following information applies to the questions displayed below.) Part 5 of 5 The stockholders' equity section of Velcro World is presented here. 1.36 points :! - VELCRO WORLD Balance Sheet (partial) (5 and shares in thousands) Stockholders equity: Preferred stock, $1 par value Common stock, 51 par value Additional paid in capital Total paid in capital Retained earnings Treasury stock, 11.000 common...
1. How many shares of preferred stock have been issued? 2. How many shares of common...
1. How many shares of
preferred stock have been issued?
2. How many shares of common stock have been issued?
3. If the common shares were issued at $15 per share, at what
average price per share were the preferred shares issued?
4. If retained earnings at the beginning of the period was $235
million and $15 million was paid in dividends during the year, what
was the net income for the year?
The stockholders' equity section of Velcro World...
0 The stockholders' equity section of Velcro World is presented here. 5 or 5 1 VELCRO...
0 The stockholders' equity section of Velcro World is presented here. 5 or 5 1 VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid in capital Total paid-in capital Retained earnings Treasury stock, 12,889 common shares Total stockholders' equity $ 5,200 22,000 675,209 702,400 280.000 (288,eee) $ 694,480 53:04 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all...
net income for the year The stockholders' equity section of Velcro World is presented here. VELCRO...
net income for the year
The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity $ 4,600 16,000 401,000 421,600 274,000 (216,000) $ 479,600 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are...
Required Information [The following information applies to the questions displayed below) The equity sections for Atticus...
Required Information [The following information applies to the questions displayed below) The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. Stockholders' Equity (January 1) Common stock-56 par value, 180,00 shares authorized, 35,000 shares issued and outstanding $212.de Paid in capital in excess of par value, common stock 170, Retained earnings Total stockholders equity $700, eee 3700, 629 Stockholders' Equity (December 31) Common stock-56 par value, 100,000 shares...
with this info given i need to know how to answer these? The stockholders' equity section...
with this info given i need to know how to answer these?
The stockholders' equity section of Velcro World is presented here. SVELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity Preferred stock, $1 par value Common stock, $1 par value Additional pald-in capital 4,800 18,000 483,600 Total pald-in capital Retained earnings Treasury stock, 10,000 common shares 506,400 276.000 (200,000) Total stockholders' equity $ 582,400 Required: 1. How many shares of preferred stock have been issued? Number...
Required information (The following information applies to the questions displayed below.) National League Gear has two...
Required information (The following information applies to the questions displayed below.) National League Gear has two classes of stock authorized: 4%, $20 par preferred, and $5 par value common. The following transactions affect stockholders' equity during 2021, National League's first year of operations: February 2 Issue 1.2 million shares of common stock for $32 per share. February 4 Issue 570,000 shares of preferred stock for $23 per share. June 15 Purchase 120,000 shares of its own common stock for $27...
Required information [The following information applies to the questions displayed below.] Shown below is information relating...
Required information [The following information applies to the questions displayed below.] Shown below is information relating to the stockholders' equity of Brookdale Corporation at December 31, 2018: 11% cumulative preferred stock, $130 par, 100,000 shares authorized, 10,000 shares issued $ 1,300,000 Common stock, $1.25 par, 1,000,000 shares authorized, 600,000 shares issued (of which 6,000 are held in treasury) 750,000 Additional paid-in capital: preferred stock 500,000 Additional paid-in capital: common stock 900,000 Additional paid-in capital: treasury stock transactions 6,000 Treasury stock...
Required information [The following information applies to the questions displayed below.) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) (s and shares in thousands) Stockholders' equity. Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity $ 5,800 28,000 1,028,600 1,062,400 286,000 (360,000) $ 988,400 Based on the stockholders' equity section of Velcro World, answer the following...
The stockholders’ equity section of Velcro World is presented
here.
VELCRO WORLD
Balance Sheet (partial)
($ and shares in thousands)
Stockholders' equity:
Preferred stock, $1 par value
$
4,600
Common stock, $1 par value
16,000
Additional paid-in capital
401,000
Total paid-in capital
421,600
Retained earnings
274,000
Treasury stock, 12,000 common shares
(216,000
)
Total stockholders' equity
$
479,600
Based on the stockholders' equity section of Velcro World,
answer the following questions. Remember that all amounts are
presented in thousands.
Required...
Saved Saved Chapter 10, Homework i You skipped this question in the previous attempt. 9 Required information [The following information applies to the questions displayed below.) Part 5 of 5 The stockholders' equity section of Velcro World is presented here. 1.36 points :! - VELCRO WORLD Balance Sheet (partial) (5 and shares in thousands) Stockholders equity: Preferred stock, $1 par value Common stock, 51 par value Additional paid in capital Total paid in capital Retained earnings Treasury stock, 11.000 common...
1. How many shares of
preferred stock have been issued?
2. How many shares of common stock have been issued?
3. If the common shares were issued at $15 per share, at what
average price per share were the preferred shares issued?
4. If retained earnings at the beginning of the period was $235
million and $15 million was paid in dividends during the year, what
was the net income for the year?
The stockholders' equity section of Velcro World...
0 The stockholders' equity section of Velcro World is presented here. 5 or 5 1 VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid in capital Total paid-in capital Retained earnings Treasury stock, 12,889 common shares Total stockholders' equity $ 5,200 22,000 675,209 702,400 280.000 (288,eee) $ 694,480 53:04 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all...
net income for the year
The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity $ 4,600 16,000 401,000 421,600 274,000 (216,000) $ 479,600 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are...
Required Information [The following information applies to the questions displayed below) The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. Stockholders' Equity (January 1) Common stock-56 par value, 180,00 shares authorized, 35,000 shares issued and outstanding $212.de Paid in capital in excess of par value, common stock 170, Retained earnings Total stockholders equity $700, eee 3700, 629 Stockholders' Equity (December 31) Common stock-56 par value, 100,000 shares...
with this info given i need to know how to answer these?
The stockholders' equity section of Velcro World is presented here. SVELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity Preferred stock, $1 par value Common stock, $1 par value Additional pald-in capital 4,800 18,000 483,600 Total pald-in capital Retained earnings Treasury stock, 10,000 common shares 506,400 276.000 (200,000) Total stockholders' equity $ 582,400 Required: 1. How many shares of preferred stock have been issued? Number...
Required information (The following information applies to the questions displayed below.) National League Gear has two classes of stock authorized: 4%, $20 par preferred, and $5 par value common. The following transactions affect stockholders' equity during 2021, National League's first year of operations: February 2 Issue 1.2 million shares of common stock for $32 per share. February 4 Issue 570,000 shares of preferred stock for $23 per share. June 15 Purchase 120,000 shares of its own common stock for $27...
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