afari File Edit View History Window Help ple Disney ESPN Yahool gold-soul.la wom

Question

afari File Edit View History Window Help ple Disney ESPN Yahool gold-soul.la women's sw... shophearts Cloud Job Description Bing Yahoo Google Wikipedia Ortega Inc. has a defined benefit pension plan. On December 31 (.. Chapter 18 Quiz Roberto Corporation was ongerged on January t 20?Theon was autorted to issue 87000 shees of$5arconnon sba ang 20? transactions reltrg to shareholders, ben Mdreeand ssued 9,300 shares of common stock at $6.40 per share Issued 19.800 shares of common stock at $9.90 per share. Reported a net income of $92.000 Paid dividends of $44,000 Purchased 2.300 shares of treesury stock at $11 90 (part of the 19 800 shares issued ot $9 90 what is total shareholders' equity end of 2018, Mutiple Choice $292.800 276170 O $278.370

Explanation / Answer

Correct answer is option B.$276,170

Calcualation of total shareholders equity at the end of 2018

Issue of 9300 shares @6.40 $59,520

Issue of 19800 shares @9.90 $196,020

Retained earnings(92,000-44,000) $48,000

(-) Purchase of 2300 treasury stock @11.90 $27,370

Shareholders equity at the end of 2018 $276,170  

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.