subject
Business, 14.11.2019 01:31 mainray1792

During 2017, the following transactions occurred: jan. 5 issued 10,000 shares of common stock for $13 cash per share. jan. 18 repurchased 4,000 shares of common stock at $16 cash per share. mar. 12 sold one-fourth of the treasury shares acquired january 18 for $19 cash per share. july 17 sold 500 shares of treasury stock for $14 cash per share. oct. 1 issued 5,000 shares of 8% $25 par value preferred stock for $36 cash per share. this is the first issuance of preferred shares from the 50,000 authorized preferred shares. prepare the december 31, 2017, stockholders equity section of the balance sheet assuming that the company reports net income of $76.900 for the year.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Common problems that can arise among groups. explain in four or five sentences what can cause the specific or general problem. in addition, explain what impact that conflict can have on group cohesion as well as productivity.
Answers: 1
question
Business, 22.06.2019 01:30
If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. there are two approaches to use to account for flotation costs. the first approach is to add the sum of flotation costs for the debt, preferred, and common stock and add them to the initial investment cost. because the investment cost is increased, the project's expected return is reduced so it may not meet the firm's hurdle rate for acceptance of the project. the second approach involves adjusting the cost of common equity as follows: . the difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. quantitative problem: barton industries expects next year's annual dividend, d1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.3%. the firm's current common stock price, p0, is $22.00. if it needs to issue new common stock, the firm will encounter a 6% flotation cost, f. assume that the cost of equity calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%. what is the flotation cost adjustment that must be added to its cost of retaine
Answers: 1
question
Business, 22.06.2019 09:30
Which are the best examples of costs that should be considered when creating a project budget?
Answers: 2
question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
You know the right answer?
During 2017, the following transactions occurred: jan. 5 issued 10,000 shares of common stock for $...
Questions
question
Mathematics, 05.02.2021 19:40
question
Mathematics, 05.02.2021 19:40
question
Mathematics, 05.02.2021 19:40
question
Mathematics, 05.02.2021 19:40
question
Mathematics, 05.02.2021 19:40
question
Spanish, 05.02.2021 19:40
question
Computers and Technology, 05.02.2021 19:40
question
History, 05.02.2021 19:40
Questions on the website: 13722360