Below is information related to ABC Corporation: Co
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Below is information related to ABC Corporation:
Common Stock, $1 par value $4,500,000
Capital Contributed in Excess of Par Value—Common
Preferred Stock, 8.5%, $50 par value 2,000,000
Capital Contributed in Excess of Par Value— Preferred Shares 400,000
Deficit 1,500,000
Shares in Portfolio (at cost) 150,000
Determine Total Equity:
a. $8,800,000.
b. $5,800,000.
c. $6,100,000.
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- 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.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 isPresented below is information related to Hale Corporation: Common Stock, $1 par Paid-in Capital in Excess of Par-Common Stock Preferred 8 1/2 % Stock, $50 par $3,500,000 550,000 2,000,000 Paid-in Capital in Excess of Par-Preferred Stock 400,000 Retained Earnings 1,500,000 Treasury Common Stock (at cost) 150,000 The total paid-in capital (cash collected) related to the common stock is Oa. $3,500,000. Ob. $4,050,000. Oc. $5,450,000. Od. $3,900,000.
- 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 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 isPresented 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
- You are given the following information: Capital Stock = $80,000 ($80 par) Paid-In Capital in Excess of Par Value - Common = $200,000 Retained Earnings = $400,000 Assuming only one class of stock, the book value per share is: a. $680 b. $280 c. $80 d. $400 e. none of the abovePresented below is information related to Hale Corporation: Share Capital- -Ordinary, $1 par 4 300,000 Share premium- -Ordinary 550.000 Share Capital Preference 8 1/2%, $50 par 2,000,000 Share premium -Preference 400,000 Retained Earnings 1,500,000 Treasury Shares Ordinary (at cost) 150,000 The total equity of Hale Corporation is Select one: a.$7,100,000. b.$7,250,000. C.$8,600,000. d.8,750,000. 2.Randall pic is a company that, during the year ended 31 December 2020, paid $25,000 debenture interest and paid an ordinary dividend of 8 pence per share on 1 million £1 ordinary shares. The retained profit for the year was $160,000. What was Randall pc's profit for the year? Select one: a.$215,000 b.$80,000 c.$240,000 d.$265,000Following is the Balance Sheet of Redeemable Limited: 24 I. Equity and Liabilities (1) Shareholders' Funds (a) Paid-up Share Capital : 10% 1,000 Redeemable Preference Shares of $ 100 each fully called up Less : Calls in Arrears on 50 Shares @ $ 20 each 1,00,000 1,000 99,000 5,00,000 50,000 Equity Shares of $10 each (b) Reserves and Surplus : Development Rebate Reserve General Reserve 50,000 1,00,000 1,50,000 1,51,000 (2) Other Liabilities Total Equity and Liabilities 9,00,000 II. Assets Other Assets 8,10,000 90,000 Bank Total Assets 9,00,000 The Redeemaule Preference Shares were redeemed on the following basis : (1) Further 4,500 equity shares were issued at a premium of 10 per cent; (2) of the 50 Preference Shares, holders for 40 shares paid the call before the date of redemption. The balance 10 shares were forfeited for non-payment of calls before redemption. The forfeited shares were reissued as fully paid on receipt of $500 before redemption; (3) Preference shares were redeemed at…
- 2. An entity showed the following data:Share capital, par value P10, 25,000 shares issued 250,000Share Premium 50,000Retained Earnings 150,000Market value of share on declaration date 20Market value of share on distribution date 40a. If a 10% share dividend will be declared, what amount of retained earnings will be capitalized? Prepare the entries on declaration and distribution date.b. If a 25% share dividend will be declared, what amount will be charged to retained earnings? Prepare the entries on declaration and distribution dateThe 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. $999,900Following are the information of M/s Arbind minerals. 9% preference shares of 10 each 2,00,000 Equity shares of? 10 each 9,00,000 11,00,000 Profit after tax at 50% 2,50,000 Equity dividend paid 20% Market price per equity share 50 Calculated earnings per share, price earning ratio, and dividend payout ratio.
