What is the total stockholders' equity based on the following accountbalances?Common Stock$450,000Paid-in Capital in Excess of Par $90,000Retained EarningsTreasury Stocka. $740,000b. $730,000c. $720,000d. $640,000$190,000$10,000

Total Stockholders Equity= Common Stock + Paid-in Capital in Excess of Par + Retained…

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FINANCIAL ACCOUNTING

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Author:Libby

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Chapter1: Financial Statements And Business Decisions

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Identifying and Analyzing Financial Statement Effects of Cash Dividends On March 15, 2018, Bank of America issued 94,000 shares of 5.875% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF for $2.35 billion. Dividends are payable semiannually on or about March 15 and September 15. a. Assume the stock was issued at face value. What is the face value of each Series FF share? $ 25,000 b. What will be the total dividend for the year ended December 31, 2018, assuming that the number of shares remains unchanged? Enter answer in millions. Round answer to the nearest million. $ 110 × million
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The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value $0 Common stock, $5 par value 19,500 Additional paid-in capital 93,600 Total paid-in capital 113,100 Retained earnings 52,500 Treasury stock (3,600) Total stockholders' equity $162,000 Based on the stockholders’ equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands. 5. If the treasury stock was purchase at $18 per share, how many shares were purchased? (Enter your answer in total number of shares, not in thousands.) Number of shares
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What is the total stockholders' equity based on the following account balances? Common Stock $450,000 Paid-in Capital in Excess of Par $90,000 Retained Earnings Treasury Stock a. $740,000 b. $730,000 c. $720,000 d. $640,000 $190,000 $10,000