CengageNOWv2 | Online teachin × Cengage Learning b Answered: MindTap - Cengage Le X A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Ch 13-2 Practice Exercises eBook Show Me How Calculator Print Item Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 50,000 shares of common stock authorized, and 2,000 shares have been reacquired. Common Stock, $80 par $3,200,000 Paid-In Capital from Sale of Treasury Stock 64,000 Paid-In Capital in Excess of Par-Common Stock 440,000 Retained Earnings 1,728,000 Treasury Stock 42,000 Stockholders' Equity Paid-In Capital: Common Stock, $80 Par 3,200,000 Excess over par 440,000 Treasury Stock From Sale of Treasury Stock 64,000 Total Paid-in Capital 3,704,000 Retained Earnings Total Treasury Stock Total Stockholders' Equity 4:31 PM O Type here to search 2/24/2020

CengageNOWv2 | Online teachin × Cengage Learning b Answered: MindTap - Cengage Le X A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Ch 13-2 Practice Exercises eBook Show Me How Calculator Print Item Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 50,000 shares of common stock authorized, and 2,000 shares have been reacquired. Common Stock, $80 par $3,200,000 Paid-In Capital from Sale of Treasury Stock 64,000 Paid-In Capital in Excess of Par-Common Stock 440,000 Retained Earnings 1,728,000 Treasury Stock 42,000 Stockholders' Equity Paid-In Capital: Common Stock, $80 Par 3,200,000 Excess over par 440,000 Treasury Stock From Sale of Treasury Stock 64,000 Total Paid-in Capital 3,704,000 Retained Earnings Total Treasury Stock Total Stockholders' Equity 4:31 PM O Type here to search 2/24/2020

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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Please help, I'm just stuck on the middle, i dont know where my calculations went wrong!
it say all answers above are incorrect, i need the aftertax cost of debt and the aftertax cost of preferred stock as a percent rounded to 2 decimal places.
The cost of preferred stock is equal to the preferred stock dividend divided by the net proceeds per preferred share. 1) True 2) False
17. Analyze the equity section of Gingerbread Corp's balance sheet and determine the following. Be careful to discriminate between a non monetary value and a monetary value. Use a $ sign to indicate a dollar value. 1.Number of shares of common stock that have been issued 2.Number of shares of preferred stock that have been issued 3.BlankDollar value the company paid to repurchase their own stock 4.How many shares of stock are in treasury stock?
In the queston you didn't answer the ones for August 3, could you do it and use formulas for the one in blue? Also, could you explain in more detail de formulas, more so for the common stock.
2
q7- Which of the following statements is true? Select one: a. Trailing P/E is based on the current share price and forward P/E is based on next year's forecast share price. b. Trailing P/E is based on last year's share price and forward P/E is based on the current share price. c. Both trailing and forward P/E are based on the current share price. d. Trailing P/E is based on last year's share price and forward P/E is based on next year's forecast share price. Clear my choice
Why is this statement false. Small stock dividends are accounted for at the stock's par value.
If all prefers dividned payments that have been missed must be payed before any common stock dividned can be paid, the preffered stock is called ____________ prefferd stock. A. Cumulative B. Participating C. nonparticipating D. Voting E. Duel class
12. When par value common stock is issued at a premium, the journal entry shows a debit to both common stock, par value and paid-in capital in excess of par true false
Prepare a journal entry that summarizes the declaration and distribution of the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the split?
How do I calculate preferred stock and common stock when: 1. preferred stock nonparticipating/cumulative 2. preferred stock participates up to 12% of its par value and is cumulative 3. preferred stock is fully participating and cumulative 4. preferred stock is nonparticipating and noncumulative?