OUse the following to answer questions 18 - 22 Attention Men's Wear, Inc. Balance Sheet (Stockholders' Equity Section) At December 31, 20XE Preferred stock, $100 par value || S1,000,000 Common stock, $0.01 par value 7,500 Additional Paid in capital Total paid in capital Retained earnings 15,950,000 16,957,500 850,000 (300,000) $17,507,500 Treasury stock Total stockholders' equity 18. shares. How many shares of preferred stock have been issued? 19. shares. How many shares of common stock have been issued? $ issued at an average price of $102.00 per share. At what price 20. per share. If the preferred shares were per share were the common shares issued? If retained earnings at the beginning $ of the period was $825,000 and Net income was $475,000, what were the declared dividends for the year? 21.
OUse the following to answer questions 18 - 22 Attention Men's Wear, Inc. Balance Sheet (Stockholders' Equity Section) At December 31, 20XE Preferred stock, $100 par value || S1,000,000 Common stock, $0.01 par value 7,500 Additional Paid in capital Total paid in capital Retained earnings 15,950,000 16,957,500 850,000 (300,000) $17,507,500 Treasury stock Total stockholders' equity 18. shares. How many shares of preferred stock have been issued? 19. shares. How many shares of common stock have been issued? $ issued at an average price of $102.00 per share. At what price 20. per share. If the preferred shares were per share were the common shares issued? If retained earnings at the beginning $ of the period was $825,000 and Net income was $475,000, what were the declared dividends for the year? 21.
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter16: Financial Statements And Closing Entries For A Corporation
Section16.2: Preparing A Statement Of Stockholders’ Equity
Problem 1OYO
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