Presented below is information related to Hale Corporation:Common Stock, $1 parPaid-in Capital in Excess of Par-Common StockPreferred 8 1/2 % Stock, $50 par$3,500,000550,0002,000,000Paid-in Capital in Excess of Par-Preferred Stock 400,000Retained Earnings1,500,000Treasury Common Stock (at cost)150,000The total paid-in capital (cash collected) related to the common stock isOa. $3,500,000.Ob. $4,050,000.Oc. $5,450,000.Od. $3,900,000.

Total paid in capital is the sum of par value of stock and paid in capital in excess of par. The par…

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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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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.
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
Presented below is information related to Bramble Corporation: Common Stock, $5 par Paid-in Capital in Excess of Par - Common Stock Preferred 5 %2% Stock, $100 par Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings Paid-in Capital from Treasury Stock $1111000 O $3826800. O $5592200. O $5746000. O $5899800. 427000 1538000 535000 2135000 153800 The total stockholders' equity of Bramble Corporation is
Presented below is information related to Pharoah 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) $3410000 O $6298000. O $7738000. O $6448000. O $7888000. 560000 2090000 388000 1440000 150000 The total stockholders' equity of Pharoah Corporation is
The following information is from the December 31, 2018 balance sheet of May Corporation. Preferred Stock, $100 par $360,000 Paid - In Capital in Excess of Par-Preferred Common Stock, $1 par Paid- In Capital in Excess of Par-Common 23,000 142,000 396,000 Retained Earnings 78,900 Total Stockholders' Equity $999,900 What was the total paid - in capital as of December 31, 2018? O A. $756,000 B. $898,000 C. $921,000 D. $999,900
Presented below is information related to Marigold Corp.: Common Stock, $1 par $3450000 Paid - in Capital in Excess of Par-Common Stock 543000 Preferred 8 1/2% Stock, $50 par 2140000 Paid - in Capital in Excess of Par- Preferred Stock 388000 Retained Earnings 1420000 Treasury Common Stock (at cost) 144000 The total stockholders' equity of Marigold Corp. is Select answer from the options below $6377000. $7941000. $7797000. $ 6521000.
Presented below is information related to ABC Corporation: Common Stock, $1 par value $4,500,000 Paid-in Capital in Excess of Par Value—Common Stocks 550,000 Preferred Stock, 8.5%, $50 par value 2,000,000 Paid-in Capital in Excess of Par Value— Preferred Stocks 400,000 Deficit 1,500,000 Treasury Common Stock (at cost) 150,000 Determine Total Equity: a. $8,800,000. b. $5,800,000. c. $6,100,000.
Question 9 of 17 -11 Presented below is information related to Swifty Corporation: Common Stock, $1 par $3480000 Paid-in Capital in Excess of Par-Common 552000 Stock Preferred 8 1/2% Stock, $50 par 1960000 Paid-in Capital in Excess of Par-Preferred 397000 Stock Retained Earnings 1410000 Treasury Common Stock (at cost) 160000 The total paid-in capital (cash collected) related to the common stock is O $3480000. O $4032000. O $5430000. O $3877000.
Presented on the image below is information related to Big Corporation. Questions: The total stockholders' equity of Big Corporation is how much? How much is the total paid-in capital (cash collected) related to the common stock?
ion Shown below is information relating to the stockholders' equity of Ozone Corporation at June 30, 2023. $400,000 6% cumulative preferred stock, $100 par, 50,000 shares authorized Common stock, $4.55 par, 40,000 shares authorized; 30,800 shares issued and outstanding Additional paid-in capital: preferred stock Additional paid-in capital: common stock Retained earnings What is total paid-in capital? Select one: O a. $2,160,000. O b. $540,000. O c. $2,040,000. O d. $660,000. $140,000 $100,000 $1,400,000 $120,000
Diva, Inc. recorded the following capital stock transactions: Balance Sheet Assets = Liabilities + Stockholders' Equity Common PIC in Excess of Treasury PIC from Stock + Common Stock + Stock + Treasury Stock |(1) 1,092,500 115,000 977,500 |(2) (61,600) (61,600) (3) 49,920 42,240 7,680 Use the following additional information about the above transactions when answering questions a through e. (1) issued common stock for $19 cash per share (2) purchased treasury shares at $22 per share. (3) sold some of the treasury shares: a. How many shares were originally issued? b. What was the par value of the shares issued? $ c. How many shares of treasury stock were acquired? d. How many shares of treasury stock were sold? e. At what price per share was the treasury stock sold? $
Jason’s Corp balance sheet as of December 31, 2021, reveals the following information. Preferred stock, $100 par $ 600,000 Paid-in capital in excess of par—preferred 50,000 Common stock, $1 par 300,000 Paid-in capital in excess of par—common 520,000 Retained earnings 320,000 What was the total paid-in capital as of December 31, 2021? Question 6Answer a. $320,000 b. $1,470,000 c. $900,000 d. $1,790,000

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