Total stockholders' equity From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding 582300 shares (b) Assuming there is a stated value, what is the stated value of the common stock? $4,646,400

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Required information E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3 [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock $1,010,000 $ 770,000 $1,080,000 101,000 75,000 650,000 Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $31 per share. E11-4 Part 3 3. How many shares are in treasury stock? of 10 Nexily> Prey

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Required information E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3 [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock $1,010,000 $ 770,000 $1,080,000 Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid 101,000 75,000 $ 650,000 The common stock was sold at a price of $31 per share. E11-4 Part 2 2. What was the amount of retained earnings at the beginning of the year? Retained earnings Next Dro

Brief Exercise 08-5 (Algo) Effect of treasury stock on the horizontal statements model LO 08-5 The following information pertains to Rising Suns Corporation at January 1, Year 2: Common stock, $20 par, 50,000 shares authorized, 14,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings Rising Suns Corporation completed the following events during Year 2: 1. Issued 5,400 shares of $20 par common stock for $30 per share. 2. Repurchased 1,400 shares of its own common stock for $25 per share. 3. Resold 700 shares of treasury stock for $30 per share. Required: Use a horizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). Note: Enter any decreases to…

Financial Accounting Question

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