F1QOriole Corporation's December 31, 2020 balance sheet showed the following:8% preferred stock, $10 par value, 53000 sharesauthorized; 43000 shares issued$430000Common stock, $10 par value, 4640000 shares authorized;4540000 shares issued, 4500000 shares outstanding45400000Paid-in capital in excess of par-preferred stock125600Paid-in capital in excess of par-common stock54250000Retained earnings15390000Treasury stock (53000 shares)1270000Oriole's total stockholders' equity wasO $100205600.O $116865600.O $115595600.O $114325600.MacBook Air20F6F3@2F2WS#3ED$4F4R%5FF5T6GY&710F7H* 00UDIIFBJ9

Shareholders equity also known as net worth is the amount contributed by the owners into the…

8% preferred stock, $10 par value, 53000 shares authorized; 43000 shares issued Common stock, $10 par value, 4640000 shares authorized; 4540000 shares issued, 4500000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (53000 shares) Oriole's total stockholders' equity was O $100205600. O $116865600. O $115595600. O $114325600. $430000 45400000 125600 54250000 15390000 1270000

8% preferred stock, $10 par value, 53000 shares authorized; 43000 shares issued Common stock, $10 par value, 4640000 shares authorized; 4540000 shares issued, 4500000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (53000 shares) Oriole's total stockholders' equity was O $100205600. O $116865600. O $115595600. O $114325600. $430000 45400000 125600 54250000 15390000 1270000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Show entries from A to G?
Common stock-$4 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 Stockholders' Equity (December 31) Common stock-$4 par value, 100,000 shares authorized, 47,000 shares issued, 5,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($50,000 restricted by treasury stock) Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. January 5 Declared a $0.40 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 5 July 5 Declared a $0.40 per share cash dividend, date of record April 10. Declared a $0.40 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $12 per share. August 14 Issued the stock dividend that was declared on July 31. October 5…
The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year: Preferred 2% Stock, $100 par (100,000 shares authorized, 80,000 shares issued) $8,000,000 Paid-In Capital in Excess of Par—Preferred Stock 440,000 Common Stock, $5 par (5,000,000 shares authorized, 4,000,000 shares issued) 20,000,000 Paid-In Capital in Excess of Par—Common Stock 2,280,000 Retained Earnings 115,400,000 During the year, the corporation completed a number of transactions affecting the stockholders’ equity. They are summarized as follows: a. Issued 220,000 shares of common stock at $14, receiving cash. b. Issued 12,000 shares of preferred 2% stock at $110. c. Purchased 160,000 shares of treasury common for $10 per share. d. Sold 105,000 shares of treasury common for $16 per share. e. Sold 40,000 shares of treasury common for $8 per share. f. Declared cash dividends of $2.00 per share on preferred stock and $0.08 per share on…
Question: How many preference shares were issued and outstanding? How many ordinary shares were issued and outstanding?
asap Bramble Corporation’s December 31, 2020 balance sheet showed the following: 7% preferred stock, $20 par value, 18300 shares authorized; 13300 shares issued $ 266000 Common stock, $10 par value, 1930000 shares authorized; 1880000 shares issued, 1860000 shares outstanding 18800000 Paid-in capital in excess of par—preferred stock 59500 Paid-in capital in excess of par—common stock 24900000 Retained earnings 7670000 Treasury stock (19800 shares) 623700 Bramble’s total stockholders’ equity was $44051800. $51695500. $52331800. $51071800.
Coronado Corporation’s December 31, 2020 balance sheet showed the following: 9% preferred stock, $20 par value, cumulative, 15100 shares authorized; 5100 shares issued $ 102000 Common stock, $10 par value, 1010000 shares authorized; 960000 shares issued, 930000 shares outstanding 9600000 Paid-in capital in excess of par—preferred stock 28000 Paid-in capital in excess of par—common stock 11460000 Retained earnings 3790000 Treasury stock (15100 shares) 317100 Coronado’s total paid-in capital was $20872900. $11240000. $21190000. $21507100.
9. Raphael Corporation’s balance sheet shows the following stockholders’ equity section. Preferred stock—5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 85,000 Common stock—$___ par value, 4,000 shares authorized, issued, and outstanding 160,000 Retained earnings 340,000 Total stockholders' equity $ 585,000 Required:1. Determine the par values of the corporation’s preferred stock and its common stock.