Question 10 of 10 - Week 5 - Homework_ Chapter 14
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The following information is available for Windsor Hill Corporation:
Beginning common stockholders' equity
$775,000
Dividends paid to common stockholders
58,000
Dividends paid to preferred stockholders
30,000
Ending common stockholders' equity
1,015,000
Net income
217,950
Based on the preceding information, calculate return on common stockholders' equity.
Return on common stockholders’ equity
%
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Week 5 - Homework: Chapter 14
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The following information is available for Metlock Hill Corporation:
Beginning common stockholders equity
$790,000
Dividends paid to common stockholders
60,000
Dividends paid to preferred stockholders
32,000
Ending common stockholders'equity
1,000,000
Net income
219,950
Based on the preceding information, calculate return on common stockholders'equity.
Return on common stockholders' equity
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Please avoid solutions in an image format thnks
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Please do not give solution in image format thanku
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A company reports the following:
Net income
Preferred dividends
Average stockholders' equity
$190,000
7,600
1,532,258
848,372
Average common stockholders' equity
Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your answers to one decimal place.
a. Return on Stockholders' Equity
b. Return on Common Stockholders' Equity
%
%
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Please help me with all answers I will give upvote
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A company reports the following:
Net income
$133,720
Preferred dividends
12,060
Average stockholders' equity
1,064,390
Average common stockholders' equity
887,500
Round percentages to one decimal place.
a. Determine the return on stockholders' equity.fill in the blank 1%
b. Determine the return on common stockholders' equity.fill in the blank 2%
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The stockholders' equity section of The Seventies Shop is presented here
THE SEVENTIES SHOP
Balance Sheet (partial)
($ in thousands)
Stockholders' equity:
Preferred stock, $50 par value
Common stock, $5 par value
Additional paid-in capital
Total paid-in capital
Retained earnings
Treasury stock
Total stockholders' equity
$0
17,500
70,000
87,500
Number of shares
50,500
(3,200)
$134,800
Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all
amounts are presented in thousands.
5. If the treasury stock was purchased at $16 per share, how many shares were purchased? (Enter your answer in total number of
shares, not in thousands.)
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The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31,
20Y9, are as follows. Prepare a statement of stockholders' equity for the year ended
December 31, 20Y9.
COMMON STOCK
Jan. 1 Balance
4,800,000
Apr. 14 Issued
30,000 shares
1,200,000
6,000,000
Dec. 31 Balance
PAID-IN CAPITAL IN EXCESS OF PAR
Jan. 1 Balance
960,000
Apr. 14
Issued
30,000 shares
300,000
Dec. 31 Balance
1,260,000
TREASURY STOCK
Aug. 7
Purchased
12,000 shares
552,000
RETAINED EARNINGS
Dividend
Jan. 1 Balance
Mar. 31
69,000
11,375,000
Dividend
Closing
(net income)
June 30
69,000
Dec. 31
Sept. 30
Dividend
69,000
3,780,000
Dec. 31
Dec. 31
Dividend
Balance
69,000
14,879,000
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Holland Corporation's annual report is as follows.
March 31, 2023
March 31, 2024
Net Income
$359,000
$438,500
Preferred Dividends
0
0
Total Stockholders' Equity
$4,230,000
$5,252,000
Stockholders' Equity attributable to Preferred Stock
0
0
Number of Common Shares Outstanding
288,000
202,000
Based on the information provided, find the rate of return on common stockholders' equity on March 31, 2024. (Round your final answer two decimal places.)
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kholders' equity
Instructions
Labels and Amount Descriptions
Statement of Stockholders' Equity
Final Question
Instructions
Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows:
Net income for June
$118,000
Dividends paid in June
23,000
Common stock, June 1, 20Y9
170,000
Common stock issued in June
50,000
Retained earnings, June 1, 20Y9
1,660,000
Required:
a. Prepare a statement of stockholders' equity for the month ended June 30, 20Y9. Refer to the lists of Labels and Amount Descriptions for the
exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid,
enter that amount as a negative number using a minus sign. Entries of 0 (zero) are not required and will be cleared if entered.
( Previous
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éty
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Prepare a statement of stockholders' equity for Al-Can Products, Inc.
Navigate to the Stockholders' Equity Statement tab in the spreadsheet.
Use the following information to prepare your statement:
a. January 1 balance of capital stock account of 9,000 shares issued at $6.00 per share was
$54,000.00.
b. No other stock was issued during the year.
c. January 1 balance of retained earnings account was $29,250.00.
d. Net Income was $41,106.00.
e. Dividends declared during the year were $19,200.00.
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The stockholders' equity section of The Seventies Shop is presented here
THE SEVENTIES SHOP
Balance Sheet (partial)
($ in thousands)
Stockholders' equity:
Preferred stock, $50 par value
Common stock, $5 par value
Additional paid-in capital
Total paid-in capital
Retained earnings
Treasury stock
Total stockholders' equity
se
17,500
70,000
87,500
50,500
(3,200)
$134,800
Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all
amounts are presented in thousands
Dividends paid
4. If retained earnings at the beginning of the period was $42 million and net income during the year was $13.450,000, how much was
paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., 5 should be entered as 5,000,000).)
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Statement of Stockholders' Equity
The stockholders’ equity T accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows. Prepare a statement of stockholders’ equity for the year ended December 31, 20Y9.
Common Stock
Jan. 1
Balance
4,800,000
Apr. 14
Issued
30,000 shares
1,200,000
Dec. 31
Balance
6,000,000
Paid-In Capital in Excess of Par
Jan. 1
Balance
960,000
Apr. 14
Issued
30,000 shares
300,000
Dec. 31
Balance
1,260,000
Treasury Stock
Aug. 7
Purchased
12,000 shares
552,000
Retained Earnings
Mar. 31
Dividend
69,000
Jan. 1
Balance
11,375,000
June 30
Dividend
69,000
Dec. 31
Closing
Sept. 30
Dividend
69,000
(net income)
3,780,000
Dec. 31
Dividend
69,000
Dec. 31
Balance
14,879,000
If an amount is zero or an entry is not required, leave the box blank. If there is a net loss or there has been a decrease in stockholders' equity, enter that amount as a negative number…
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Statement of Stockholders' Equity
The stockholders’ equity T accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows. Prepare a statement of stockholders’ equity for the year ended December 31, 20Y9.
Common Stock
Jan. 1
Balance
4,800,000
Apr. 14
Issued
30,000 shares
1,200,000
Dec. 31
Balance
6,000,000
Paid-In Capital in Excess of Par
Jan. 1
Balance
960,000
Apr. 14
Issued
30,000 shares
300,000
Dec. 31
Balance
1,260,000
Treasury Stock
Aug. 7
Purchased
12,000 shares
552,000
Retained Earnings
Mar. 31
Dividend
69,000
Jan. 1
Balance
11,375,000
June 30
Dividend
69,000
Dec. 31
Closing
Sept. 30
Dividend
69,000
(net income)
3,780,000
Dec. 31
Dividend
69,000
Dec. 31
Balance
14,879,000
If an amount is zero or an entry is not required, leave the box blank. If there is a net loss or there has been a decrease in stockholders' equity, enter that amount as a negative number…
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Reporting stockholders' equity
Using the following accounts and balances, prepare the Stockholders'Equity section of the balance sheet using Method 1 of Exhibit 8. Five
hundred thousand shares of common stock are authorized, and 40,000shares have been reacquired.
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Common Stockholders' Profitability Analysis
A company reports the following:
Net income
$315,000
Preferred dividends
12,600
Average stockholders' equity
2,441,860
Average common stockholders' equity
1,497,030
Determine (a) the return on stockholders’ equity and (b) the return on common stockholders’ equity. If required, round your answers to one decimal place.
a. Return on Stockholders' Equity
fill in the blank 1 %
b. Return on Common Stockholders’ Equity
fill in the blank 2 %
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Stockholders' Equity: Transaction Descriptions from Account Data
The following T-accounts contain keyed entries representing five transactions involving the stockholders' equity of Riverview, Inc.:
Land
(1) 65,000
(2)
54,000
(5)
Date
1
2
Cash
*1,200 shares of common stock
3
4
10,920
5
18,000 (4)
Preferred Stock, $55 Par
55,000 (1)
Required
Using this information, give detailed descriptions, including number of shares and price per share when applicable, for each of the five transactions.
General Journal
Paid-in Capital in Excess of Par
value-Common Stock
7.000 (3)
Paid-in Capital from Treasury
Stock
3,120 (5)
Common Stock
Description
Paid-in-Capital in Excess of Par Value - Preferred Stock
Issued shares of preferred stock at per share.
Issued shares of common stock at par value.
Issued shares of common stock in exchange for land.
Treasury Stock - Common
Purchased shares of treasury stock for per share.
Sold shares of treasury stock for per share.
♦ $
+
"
÷
+
47
÷
+
(3) 91,000
Debit…
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Current Attempt in Progress
The following information is available for Skysong Rock Corporation:
Common Stock ($5 par)
$1,560,000
Retained Earnings
An 17% stock dividend is declared and paid when the market value was $15 per share.
(a)
Compute total stockholders' equity after the stock dividend.
Total Stockholders' Equity
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The parts of this question must be completed in order. This part will be available when you complete the part above.
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- kholders' equity Instructions Labels and Amount Descriptions Statement of Stockholders' Equity Final Question Instructions Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows: Net income for June $118,000 Dividends paid in June 23,000 Common stock, June 1, 20Y9 170,000 Common stock issued in June 50,000 Retained earnings, June 1, 20Y9 1,660,000 Required: a. Prepare a statement of stockholders' equity for the month ended June 30, 20Y9. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Entries of 0 (zero) are not required and will be cleared if entered. ( Previous Check My Work Save and Exit Submit Assignmer Email Instructor All work saved. APR étyarrow_forwardPrepare a statement of stockholders' equity for Al-Can Products, Inc. Navigate to the Stockholders' Equity Statement tab in the spreadsheet. Use the following information to prepare your statement: a. January 1 balance of capital stock account of 9,000 shares issued at $6.00 per share was $54,000.00. b. No other stock was issued during the year. c. January 1 balance of retained earnings account was $29,250.00. d. Net Income was $41,106.00. e. Dividends declared during the year were $19,200.00.arrow_forwardThe stockholders' equity section of The Seventies Shop is presented here THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity se 17,500 70,000 87,500 50,500 (3,200) $134,800 Based on the stockholders' equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands Dividends paid 4. If retained earnings at the beginning of the period was $42 million and net income during the year was $13.450,000, how much was paid in dividends for the year? (Enter your answer in dollars not in millions. (i.e., 5 should be entered as 5,000,000).)arrow_forward
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