Alabama A&M AppsAnywhere* CengageNOWv2 | Online teachin xG how to screenshot on hp laptop x +ContentA v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseE Apps M GmailO YouTubeA Maps a NewsE Reading listExam 2 (CH4, 7,10)Finley Company1.End-of-Period SpreadsheetFor the Year Ended December 31Adjusted Trial BalanceIncome StatementBalance Sheet3.Account TitleDebitCreditDebitCreditDebitCredit4Cash16,00016,000Accounts Receivable6,0006,0005.Supplies2,0002,0006.Equipment19,00019,000Accumulated Depr.6,0006,0007.Accounts Payable10,00010,0008.Wages Payable2,0002,000Common Stock5,0005,0009.Retained Earnings10,96610,96610.Dividends1,0001,000Fees Earned41,97041,97011.Wages Expense19,88219,88212.Rent Expense6,5986,598Depreciation Expense5,4565,45613.CengageNOWv2.htmlShow all1:08 PMP Type here to search99+aへg ロ6 )6/19/2021近 Alabama A&M AppsAnywhere* CengageNOWv2 | Online teachin xG how to screenshot on hp laptop xContentA v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseE Apps M GmailO YouTube Maps a NewsE Reading list2.Accounts Payable10,00010,0003.Wages Payable2,0002.000Common Stock5,0005,0004.Retained Earnings10,96610,9665.Dividends1,0001,000Fees Earned41,97041,9706.Wages Expense19,88219,8827.Rent Expense6,5986,598Depreciation Expense5,4565,4568.Totals75,93675,93631,93641,97044,00033,9669.Net Income (Loss)10,03410,03441,97041,97044,00044,00010.The journal entry to close revenues and expenses would involve:11.Oa. debits to the expense accounts and Retained Earnings and a credit to Fees EarnedOb. a debit to Fees Earned and credits to the expense accounts and Retained Earnings12.Oc. debits to the expense accounts and credits to Retained Earnings and Fees EarnedOd. debits to Fees Earned and Retained Earnings and credits to the expense accounts13.14.Next>PreviousProgress: 4/32 itemsCengageNOWv2.h.tmlShow all1:08 PMP Type here to search99+aへg ロ伝)6/19/2021近

Revenues: Revenues are earniings from operations of a busiiness. A business earns revenue by…

ges Payable 2,000 mmon Stock 5,000 ained Earnings 10,966 ridends es Earned ges Expense nt Expense preciation Expense als 1,000 41,970 41,970 19,882 19,882 6,598 6,598 5,456 5,456 75,936 75,936 31,936 41,970 Income (Loss) 10,034 41,970 41,970 journal entry to close revenues and expenses would involve: . debits to the expense accounts and Retained Earnings and a credit to Fees Earned . a debit to Fees Earned and credits to the expense accounts and Retained Earnings . debits to the expense accounts and credits to Retained Earnings and Fees Earned . debits to Fees Earned and Retained Earnings and credits to the expense accounts

ges Payable 2,000 mmon Stock 5,000 ained Earnings 10,966 ridends es Earned ges Expense nt Expense preciation Expense als 1,000 41,970 41,970 19,882 19,882 6,598 6,598 5,456 5,456 75,936 75,936 31,936 41,970 Income (Loss) 10,034 41,970 41,970 journal entry to close revenues and expenses would involve: . debits to the expense accounts and Retained Earnings and a credit to Fees Earned . a debit to Fees Earned and credits to the expense accounts and Retained Earnings . debits to the expense accounts and credits to Retained Earnings and Fees Earned . debits to Fees Earned and Retained Earnings and credits to the expense accounts

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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ny Annual Cash Dividend per Share Market Valueper Share 1 $ 11.00 $ 169.23 2 8.00 98.77 3 7.30 72.28 4 1.80 118.15 Compute the dividend yield for each of these four separate companies.
52-Week Price Dividend PE Close Hi Lo Stock (Dividend) Yield % Ratio Price Net Change 77.40 10.43 Acevedo .36 2.6 6 13.90 -.24 56.16 33.77 Georgette, Incorporated 1.89 4.6 10 40.78 -.01 130.93 69.50 YBM 2.00 2.2 10 88.97 3.07 50.24 35.00 13.95 Manta Energy .80 20.74 Winter Sports .32 5.2 1.5 6 15.43 28 ?? -.26 .18 Find the quote for the Georgette, Incorporated. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What was the lowest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. a. Highest dividend yield b. Lowest dividend yield 7.11% 4.30%
Assume that a company paid $6 per share to re-purchase 1,100 of its $3 par value common stock. The purchase of this treasury stock: Group of answer choices increased total equity by $6,600 increased total equity by $3,300 decreased total equity by $3,300 decreased total equity by $6,600
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Ees At December 31 Common stock, $10 par value Paid-in capital in excess of par Retained earnings The company's net Income for the current year ended December 31 was $66,000. 1. Complete the T-accounts to calculate the cash received from the sale of Its common stock during the current year. Beginning balance Issuance of common stock Ending balance Common Stock, $10 Par Beginning balance issuance of common stock Paid-in Capital in Excess of Par Ending balance Cash received 0 Current Year $ 146,000 603,000 349,500 0 Prior Year $ 136,000 360,000 323,500
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Examus student.use.examus.net/?ridban=1&sessi. ACCT101 FEX_2021_2_Male e18 Stockholders' equity consists of: 96 18 - 34 a. Long-term assets 11 18c Contributed capital and 95abe18 b. 95 par value 95abe18 C. Retained earnings and cash d. 95abe18ce33 Contributed capital and retained earnings Sabe18ce 33 95abe18ce33 95a 95abe18ce33 96abe18ce33 95abe18ce33 MacBook Pro F3 000 000 F4 つ 4 F5 F6 50 F7 67 & DII 7 V FS 8 A 9 9 个 II
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Your answer is partially correct. On January 1, 2026, Browning Corporation had 75,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Mar. 1 June 1 June 30 Dec. 1 Dec. 15 Issued 90,000 shares of common stock for $675,000. Declared a cash dividend of $2.00 per share to stockholders of record on June 15. Paid the $2.00 cash dividend. Purchased 5,000 shares of common stock for the treasury for $18 per share. Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31. Indicate the accounts increased or decreased to record the above transactions.
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
Change in Stockholders’ Equity Previous Year Current Year Net Income $35,000 $48,000 Average stockholders' equity 1,000,000 1,500,000 Dividend per common share 1.90 2.00 Earnings per share 2.85 3.20 Market price per common share, year-end 19.00 21.00 Nikron Corporation issued 20,000 shares of $0.50 par value common stock during the year for $20 each. Nikron also repurchased treasury stock for $15,000. Net income for the year was $140,000. The company also paid cash dividends of $25,000. What was the total change in Nikron’s stockholders’ equity for the year? Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer Answer
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.)