afari File Edit View pple Disney ESPN Yahoo! gold-soul.la women\' s sw...s hophe

Question

afari File Edit View pple Disney ESPN Yahoo! gold-soul.la women' s sw...s hophearts Cloud Job Description Bing Yahoo Google Wikipedia Chapter 18 Quiz Ortega Inc. has a defined benefit pension plan. On December 31...+ ellow Enterprises neported the tollowing ( in 000s) as of December 3.2018.All accounes have normal balances Detleit (debit balance in retained earninga) .10 Common stock Paid-in eapital-treasry stoek Treassry stock at cost Paid-in eapital-excess of par 3,800 2,100 1,300 During 20n9 is n 000s ne ncome was $ 50025s of the tressury stock was resold for $460 cash vidends declared were $750 cash dividends paid weve $400 What (S in 000s) was shareholdes equity as of December 31 20 Multiple Choice n pla lan, C fined-i n plan t unt of pric 2

Explanation / Answer

Retained earnings 7650 =-1100+9500-750 Common Stock 3800 Paid in capital-Treasury stock 2492.5 =2100+(460-270*25%) Treasury stock at cost -202.5 =270*(1-0.25) Paid in capital-excess of par 31300 Stcokholders' equity December 31,2019 45040 Option 2 is correct

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