Given the following:$100$90$35$47$12$25$13Total Assets1/1/1312/31/13 Total Assets1/1/1312/31/13 Total Liabilities201320132013Total LiabilitiesNet IncomeContributions from OwnersIncrease in Treasury StockDividends in 2013 were:Select one:O a. $28O b. $22O c. $26O d. $2O e. $46

Owners' equity indicates the investment balance of the business. It increases due to additional…

Answered: Given the following: $100 $90 $35 $47…

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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Miscellaneous financial information Amount Retained earnings 786 Total stockholders' equity 14, 971 Operating net working capital 28,483 Net working capital 29,102 Nonoperating current assets other than cash 347 Short-term debt 1, 126 Total current liabilities 13, 613 Total long-term liabilities 107,872 Inventory ? ? Current portion of long-term debt 561 Accounts receivable 2,052 Treasury stock -5,279 What did Madison Makeup report as long-term assets? 93,741 What did Madison Makeup report as cash? 42,368
1 Norris Company issued 10,000 shares of Si par common stock for $25 per share during 2010. The company paid dividends of $24,000 and issued long-term notes payable of $220,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? $6.000 net cash inflow. $226,000 net cash inflow. $470,000 net cash outflow. $446,000 net cash inflow.
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QUESTION I Below are the balances available for Delima Berhad as at 31 December 2015: Statement of Financial Position of Delima Berhad as 31 December 2015 RM 170,000,000 115,000,000 150,000,000 435,000,000 Non-current assets Current assets (except cash at hank) Cash at bank Issued share capital 100,000,000 ordinary shares Retained profits Non-current liability 50,000,000 5% redeemable preference shares Current liabilities Additional information: On 1 January 2016, the directors decided on the following matters 100,000,000 3. To redeem 5% redeemable preference shares at a premium of 10% 240,000,000 55,000,000 20,000,000 435,000,000 1. To issue bonus shares of one (1) ordinary shares for every ten (10) shares held to the existing shareholders. 2. To repurchase 2,000,000 ordinary shares at RM1.50 each for cancellation. (u 4 To issue 30,000,000 ordinary shares at RMI. The application were paid and fully subscribed Required: a) Prepare journal entries to record above transactions b) Prepare…
net income of $250,000 and paid dividends to common stockholders of $50,000 in 2010. The weighted average number of shares outstanding in 2010 was 50,000 shares. the Corporation's common stock is selling for $30 per share on the New York Stock Exchange. the Corporation's dividends payout ratio for 2010 is a. 25% b. 12.5% c. 20% d. $ 5
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Prior Year Current Year Accounts payable 3,153.00 5,915.00 Accounts receivable 6,935.00 9,046.00 Accruals 5,794.00 6,085.00 Additional paid in capital 19,655.00 13,876.00 Cash. ??? ??? Common Stock 2,850 2,850 COGS 22,169.00 18,794.00 Current portion long-term debt 500 500 Depreciation expense 1,016.00 1,037.00 Interest expense 1,276.00 1,138.00 Inventories 3,041.00 6,672.00 Long-term debt 16,904.00 22,546.00 Net fixed assets 75,987.00 73,861.00 Notes payable 4,002.00 6,534.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,536.00 34,724.00 Sales 46,360 45,799.00 Taxes 350 920 Category ww What is the firm's total change in cash from the prior year to the current year?
Below is the financial data for Arla Inc. for the year ended December 31, 2020: Market price per share... Net Income...... $150.00 $1,750,000 Preferred Dividends declared... $75,000 Average # of common shares....... Dividends per share...... Average common shareholders' equity..... Total assets..... Total Liabilities... Accumulated Other Comprehensive Income..... 100,000 $2.50 10,000,000 $22,500,000 $11,675,000 $185,000 Instructions Calculate the Return on shareholders' equity (use up to 2 decimal places and do not include a % sign)
how toRecord paid cash dividends to stockholders for $22,500.00
A1 Pet Supply Company issued 20,000 shares of $1 par common stock for $40 per share during 2025. The company paid dividends of $48,000 and issued a long-term note payable for $440,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? OA) $12,000 net cash inflow O B) $705,000 net cash outflow OC) $1,192,000 net cash inflow D) $352,000 net cash inflow
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