MC Qu. 32 LO 18-01, 18-05, 18-06, 18-07, 18-08 As of December 31, 2013, Warner..

Question

MC Qu. 32 LO 18-01, 18-05, 18-06, 18-07, 18-08 As of December 31, 2013, Warner... As of December 31, 2013, Warner Corporation reported the following: Dividends payable 32,000 Treasury stock 720,000 Paid-in capital - share repurchase 32,000 Other paid-in capital accounts 5,200,000 Retained earnings 4,200,000 During 2014, half of the treasury stock was resold for $264,000; net income was $720,000; cash dividends declared were $1,620.000; and stock dividends declared were $620,000. What would shareholders? equity be as of December 311 2014? $9,076,000 $8,076,000 $8,172,000 Amount is not shown.

Explanation / Answer

option B

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---

---

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