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The year-end balance sheet of Ft. Smith Products includes the
following stockholders’ equity section (with certain details
omitted).
Stockholders' equity:
7 1/2% cumulative preferred stock, $100 par value, 100,000
shares authorized
$
2,300,000
Common stock, $2 par value, 900,000 shares authorized
900,000
Additional paid-in capital: common stock
8,100,000
Retained earnings
2,595,000
Total stockholders' equity
$
13,895,000
Required:
From this information, compute answers to the following
questions.
a. How many shares of preferred stock have been
issued?
b. What is the...
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The year-end balance sheet of Ft. Smith Products includes the
following stockholders’ equity section (with certain details
omitted).
Stockholders' equity:
7 1/2% cumulative preferred stock, $100 par value, 100,000
shares authorized
$
2,400,000
Common stock, $2 par value, 900,000 shares authorized
900,000
Additional paid-in capital: common stock
7,800,000
Retained earnings
2,595,000
Total stockholders' equity
$
13,695,000
Required:
From this information, compute answers to the following
questions.
a. How many shares of preferred stock have been
issued?
b. What is the...
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The year-end balance sheet of Columbus Products, Inc., includes
the following stockholders’ equity section (with certain details
omitted).
Stockholders' equity:
Capital stock:
7% cumulative preferred stock, $100 par value
$
15,000,000
Common stock, $5 par value, 5,000,000 shares authorized,
3,900,000 shares issued and outstanding
19,500,000
Additional paid-in capital:
Common stock
49,000,000
Retained earnings
64,450,000
Total stockholders’ equity
$
147,950,000
From this information, compute answers to the following
questions.
a. How many shares of preferred stock have been
issued?
b. What...
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no explanation needed just values
A portion of the stockholders' equity section from the balance sheet of Walland Corporation appears as follows. $1,850, eee Stockholders' equity: Preferred stock, 9% cumulative, se par, 37,eee shares authorized, issued, and outstanding Preferred stock, 12% no cumulative, siee par, 6,980 shares authorized, issued, and outstanding Common stock, $5 par, 310, eee shares authorized, issued, and outstanding Total paid-in capital 699, eee 1,55e,eee $4, e9e, eee Assume that all the stock was issued on January...
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The stockholders’ equity section of the balance sheet for Mann
Equipment Co. at December 31, Year 1, is as follows:
Stockholders’ Equity
Paid-in capital
Preferred stock, ? par value, 4% cumulative,
120,000 shares authorized, 42,000 shares issued and
outstanding
$
420,000
Common stock, $20 stated value, 170,000 shares
authorized, 42,000 shares issued and outstanding
840,000
Paid-in capital in excess of par—Preferred
32,000
Paid-in capital in excess of stated value—Common
105,000
Total paid-in capital
1,397,000
Retained earnings
270,000
Total stockholders’ equity...
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The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018. is as follows. $ 580,000 Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 288,eee shares authorized, 58,000 shares issued and outstanding Connon stock, $20 stated value, 330,000 shares authorized, 58, eee?? shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Connon Total paid-in capital Retained earnings Treasury stock, 5,eee shares Total stockholders' equity 1,160, eee...
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The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018. is as follows. $540,eee Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 150,000 shares authorized, 45,000 shares issued and outstanding Common stock, $15 stated value, 280,000 shares authorized 45,eee?? shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Connon Total paid-in capital Retained earnings Treasury stock, 4,000 shares Total stockholders' equity 675,000 35,000 225, eee...
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Problem 11-26A Analyzing the stockholders' equity section of the balance sheet LO 11-2, 11-3, 11-7 The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 1, is as follows: Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 160,e00 shares authorized, 46,000 shares issued and outstanding Common stock, $20 stated value, 210,000 shares authorized, 46,000 shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total...
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The stockholders’ equity section of the balance sheet for Mann
Equipment Co. at December 31, Year 1, is as follows:
Stockholders’ Equity
Paid-in capital
Preferred stock, ? par value, 6% cumulative,
100,000 shares authorized, 10,000 shares issued and
outstanding
$
200,000
Common stock, $10 stated value, 200,000 shares
authorized, 100,000 shares issued and outstanding
1,000,000
Paid-in capital in excess of par—Preferred
25,000
Paid-in capital in excess of stated value—Common
500,000
Total paid-in capital
1,725,000
Retained earnings
420,000
Total stockholders’ equity...
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Problem 4 (25 points) The stockholders' equity section of the balance sheet of Benson Corporation (with certain details omitted) appears below: Stockholders equity: 6% preferred stock, $100 par, 500000 shares authorized, ?? issued 2.800.000 Common stock, 25$ par, 500000 shares authorized ?? Shares issued 2.500.000 Additional paid-in capital: Preferred stock 140.000 Common stock 1.500.000 Total paid-in capital 6.940.000 Retained earnings 2.960.000 Total stockholders equity 9.900.000 Answer the following questions based on the stockholders' equity section given above. 1.What is the...
no explanation needed just values
A portion of the stockholders' equity section from the balance sheet of Walland Corporation appears as follows. $1,850, eee Stockholders' equity: Preferred stock, 9% cumulative, se par, 37,eee shares authorized, issued, and outstanding Preferred stock, 12% no cumulative, siee par, 6,980 shares authorized, issued, and outstanding Common stock, $5 par, 310, eee shares authorized, issued, and outstanding Total paid-in capital 699, eee 1,55e,eee $4, e9e, eee Assume that all the stock was issued on January...
The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018. is as follows. $ 580,000 Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 288,eee shares authorized, 58,000 shares issued and outstanding Connon stock, $20 stated value, 330,000 shares authorized, 58, eee?? shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Connon Total paid-in capital Retained earnings Treasury stock, 5,eee shares Total stockholders' equity 1,160, eee...
The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, 2018. is as follows. $540,eee Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 150,000 shares authorized, 45,000 shares issued and outstanding Common stock, $15 stated value, 280,000 shares authorized 45,eee?? shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Connon Total paid-in capital Retained earnings Treasury stock, 4,000 shares Total stockholders' equity 675,000 35,000 225, eee...
Problem 11-26A Analyzing the stockholders' equity section of the balance sheet LO 11-2, 11-3, 11-7 The stockholders' equity section of the balance sheet for Mann Equipment Co. at December 31, Year 1, is as follows: Stockholders' Equity Paid-in capital Preferred stock,? par value, 5% cumulative, 160,e00 shares authorized, 46,000 shares issued and outstanding Common stock, $20 stated value, 210,000 shares authorized, 46,000 shares issued and outstanding Paid-in capital in excess of par-Preferred Paid-in capital in excess of stated value-Common Total...
Problem 4 (25 points) The stockholders' equity section of the balance sheet of Benson Corporation (with certain details omitted) appears below: Stockholders equity: 6% preferred stock, $100 par, 500000 shares authorized, ?? issued 2.800.000 Common stock, 25$ par, 500000 shares authorized ?? Shares issued 2.500.000 Additional paid-in capital: Preferred stock 140.000 Common stock 1.500.000 Total paid-in capital 6.940.000 Retained earnings 2.960.000 Total stockholders equity 9.900.000 Answer the following questions based on the stockholders' equity section given above. 1.What is the...