C10 ezto.mheducation.co Bookmarks phisical therapistBeaded Chain ps Amazon.com:

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C10 ezto.mheducation.co Bookmarks phisical therapistBeaded Chain ps Amazon.com: Meta. connect ACCOUNTING apter 10 Homework Questions 11-15 (of 17) Problem 10-4A Analyze the stockholders' equity section (LO10-7) The following information applies to the questions displayed below] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) $ and shares in thousands) Stockholders' equity Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital $4.600 16,000 401,000 Total paid-in capital Retained camings Treasury stock, 12,000 common shares 421,600 274.000 (216,000) Total stockholders' equity $ 479,600 Based on the stockholders' equity section of Velcro World. answer the following questions Refere Section Break

Explanation / Answer

1 $ Average Price per share                       36 Workings Total Paid up capital of Company            421,600 Total Paid up capital for common stock 16000*16            256,000 So total paid-in capital for preferred stock            165,600 (421600-256000) Average Price per share is 165600/4600                       36 2 Net Income 56 Retained earning Statement $ in Billiom Retained earnings at the begning                    236 Add Net Income ? Less Dividend Paid                    (16) Retained earnings at the end                    274 So Net Income(276+16-236)                       56

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