Sixth Fourth Bank has an issue of preferred stock with a $5.60 stated dividend that just sold for $98 per share. What is the bank's cost of preferred stock?
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- 7) What account should you debit when you declare a 2: 1 stock split on 100,000 common shares outstanding, par value is $2/share and selling price is $100/sh?On 2/1, Curly's Hair Supply purchased 11,000 shares of treasury stock at $4 per share. On 11/1, Curly's Hair Supply Store resold half of the treasury shares for $9 per share. On 11/1, what is the credit recorded in Treasury Stock account for the journal entry? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 ASUS f4 f5 f6 f7 f8 f9 f10 f11 团 & 4 7 9. R Y G H. B M/ 08 因 5 F. 图 %24Dengar
- Houghton Company has the following items: common stock, $900,000; treasury stock, $105,000; deferred taxes, $125,000 and retained earnings, $390,000. What total amount should Houghton Company report as stockholders' equity? Group of answer choices $1,060,000. $1,185,000. $1,310,000. $1,395,000.Please help answer this question.Pina Colada Inc. issues 4,650 shares of $100 par value preferred stock for cash at $145 per share.Journalize the issuance of the preferred stock. what is the title or explanation? what is debit or credit ?
- The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2. Please see the attachment for details: Instructions Determine the following measures for 20Y2, rounding to one decimal place, including percentages, except for per-share amounts:1. Working capital2. Current ratio3. Quick ratio4. Accounts receivable turnover5. Number of days’ sales in receivables6. Inventory turnover7. Number of days’ sales in inventory8. Ratio of fixed assets to long-term liabilities9. Ratio of liabilities to stockholders’ equity10. Times interest earned11. Asset turnover12. Return on total assets13. Return on stockholders’ equity14. Return on common stockholders’ equity15. Earnings per share on common stock16. Price-earnings ratio17. Dividends per share of common stock18. Dividend yieldPlease quickly just say the correct answer. Don't explain ! On May 12, HK Corporation was formed with the capital of 300.000 TL by issuing 300.000 shares of stock with " 1 par value. Stocks were sold for 1.30 TL each, 3.00Ó TL commission was charged for selling stocks and the remaining receipts were deposited to the bank account of the business. а. 387.000 TL debit to 102-Bank; 3.000 TL debit to 653-Com. Expense and 300.000 TL credit to 110- Stocks; 90.000 TL credit to 520-A. Paid-in Capital b. 387.000 TL debit to 102-Bank; 3.000 TL debit to 653-Com. Expense and 300.000 TL credit to 501- Unpaid Capital; 90.000 TL credit to 520-A. Paid-in Capital С. 390.000 TL debit to 102-Bank and 300.000 TL credit to 501-Unpaid Capital; 87.000 TL credit to 520-A. Paid-in Capital; 3.000 TL credit to 653- Com. Expense d. 387.000 TL debit to 102-Bank; 3.000 TL debit to 653-Com. Expense and 300.000 TL credit to 110- Stocks; 90.000 TL credit to 645-MS Capital GainJustice Corporation reported the following financial statements: LOADING... (Click the icon to view the financial statements.) The company has 2,900 shares of common stock outstanding and the market price is $25 per share. What is Justice's price/earnings ratio? (Round any intermeidary calculations and your final answer to two decimal places, X.XX.) A. 0.09 B. 8.80 C. 8.80 times D. $0.09 Click to select your answer. Financial Statements Justice Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Assets Current Assets: Cash and Cash Equivalents $2,150 $1,724 Accounts Receivable 1,966 1,772 Merchandise Inventory 1,348 1,104 Prepaid Expenses 1,638 2,055 Total Current Assets 7,102 6,655 Other Assets 17,335 16,268 Total Assets $24,437 $22,923 Liabilities Current Liabilities $7,383…