The following stockholders' equity accounts arranged alphabetically are in the ledger of Bramble Corporation at December 31, 202Common Stock ($5 stated value)Paid-in Capital from Treasury StockPaid-in Capital in Excess of Par-Preferred StockPaid-in Capital in Excess of Stated Value-Common StockPreferred Stock (8%, $50 par)Retained EarningsTreasury Stock (12,000 common shares)$2,000,00012.500665,0001,620,000775,0001,746,000156,000Prepare a stockholders' equity section at December 31, 2020. (Enter the account name only and do not provide the descriptive informatiprovided in the question) BRAMBLE CORPORATIONBalance Sheet (Partial)

Preferred stock (8%,50 par) = $775,000 Common stock ($5 stated value) = $2,000,000 Treasury stock -…

Answered: aid-in Capital in Excess of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Common stock,1,000 shares at Tk100 per share Tk.1,00,000Retained earning Tk.50,000Total 1,50,000 Prepare shareholders’ equity statement considering stock split 3 for 1.
yby external tool Using the information below, compute ending retained earnings. Additional Paid-in Capital, Common $ 9,000 Accounts Payable 1,100 Total Expenses 7,800 Preferred Stock, at par 1,750 Common Stock, at par 400 Sales 10,000 Treasury Stock 250 Dividends 700 Retained Earnings (beginning) 1,000 Additional Paid-in Capital, Prefeered 50 O $2.500 $2.750 O$11.250 O$2.250 O$11.500 On what date does a declared cash dividend become a liability to be recorde
Dividend constraints The Howe Company's stockholders' equity account is as follows: have been included as part of the $2.1 million retained earnings. a. What is the maximum dividend per share that the firm can pay? (Assume that legal capital includes all paid-in capital.) b. If the firm has $180,000 in cash, what is the largest per-share dividend it can pay without borrowing? The earnings available for common stockholders from this period's operations are $100,000, which c. Indicate the accounts and changes, if any, that will result if the firm pays the dividends indicated in parts a and b. d. Indicate the effects of an $80,000 cash dividend on stockholders' equity. a. The maximum dividend per share that the firm can is $ (Round to the nearest cent.)
Calculate the net asset value (in $) and number of shares purchased for the mutual fund. Round shares to thousandths (three decimal places). TotalAssets TotalLiabilities SharesOutstanding Net AssetValue OfferPrice TotalInvestment SharesPurchased $25,000,000 $6,500,000 2,000,000 $ $9.97 $8,000
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Presented below is information related to Sheridan Corporation: Common Stock, $1 par Paid-in Capital in Excess of Par-Common Stock 8 1/2% preferred Stock, $50 par Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings Treasury Common Stock (at cost) $3480000 $6464000. $6315000. $7805000. $7954000. 555000 2040000 389000 1490000 149000 The total stockholders' equity of Sheridan Corporation is
Effect of financing on earnings per share
Presented below is information related to Cullumber Corporation: Common Stock, $1 par $10364000 Paid-in Capital in Excess of Par-Common Stock 6542000 Paid-in Capital from Treasury Stock 430000 Retained Earnings 9548000 696000 Treasury Common Stock (at cost) The total stockholders' equity of Cullumber Corporation is O $27580000. $26188000. $27150000. $25328000.
Compute the book value per 8% preference share
A company declared and distributed an 8% dividend on 800,000 shares of $5 par value common stock outstanding. Market price per common share on this date was $25. What is the debit to Retained Earnings for the value of the stock dividend? O $64,000 O $320,000 O $1,600,000 O $40,000,000 79°F Rair
Diluted Earnings per Share – Stock Options The records of Eureka Gold Company reveal the following capital structure as of December 31, 2018. $9 preferred stock, $100 par, 5,000 shares issued and outstanding………………………… $500,000 Additional paid-in capital on preferred stock…………………………………………………………… 110,000 Common stock, $10 par, 175,000 shares issued and outstanding……………………………. 1,750,000 Additional paid-in capital on common stock……………………………………………………………. 550,000 Retained earnings……………………………………………………………………………………………………. 778,000 To stimulate work incentive and to bolster trade relations, Eureka Gold on May 1, 2019, issued stock options to selected executives, creditors, and others allowing the purchase of 32,000 shares of common stock for $26 a share. Market prices for the stock at various times during 2019 were: Option issuance…
Stockholders’ equity: Capital stock: 7% cumulative preferred stock, $100 par value $ 15,000,000 Common stock, $5 par value, 5,000,000 shares authorized, 4,000,000 shares issued and outstanding 20,000,000 Additional paid-in capital: Common stock 44,000,000 Retained earnings 64,450,000 Total stockholders’ equity What is the total amount of the annual dividends to which preferred stockholders are entitled? What was the average issuance price per share of common stock? What is the amount of legal capital and the amount of total paid-in capital? What is the book value per share of common stock, assuming no dividends in arrears? Is it possible to determine the fair market value per share of common stock from the stockholders’ equity section? Explain.

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aid-in Capital in Excess of Par-Preferred Stock aid-in Capital in Excess of Stated Value-Common Stock referred Stock (8%, $50 par) etained Earnings 665,000 1.620,000 775,000 1,746,000