Changes in Shareholders Equity The shareholders equity ' section of Flores Design Company 's December 31, 2015, balance sheet appeared as follows Contributed Capital Preferred stock, $100 par (10,000 shares authorized, 1,250 shares issued) $125,000 Additional paid in capital on preferred stock 55, ...

1 2 Return on shareholders equity Net income Average shareholders equity 46500 62 ...

Changes in Shareholders Equity The shareholders equity' section of Flores Design Company's December 31, 2015, balance sheet

Question:

Changes in Shareholders’ Equity’ The shareholders’ equity' section of Flores Design Company's December 31, 2015, appeared as follows’:
Contributed Capital:
Preferred stock, $100 par (10,000 shares authorized, 1,250 shares issued) ...$125,000
Additional paid-in capital on preferred stock .............. 55, 000
Common stock, $ 10 par (60,000 shares authorized, 15,000 shares issued) . 150,000
Additional paid-in capital on ............. 105,000
Total contributed capital ......................$435,000
Retained earnings ........................ 78, 000
Contributed capital and retained earnings ...............$513,000
Less: Treasury stock (300 shares of common at $ 14 per share) ....... (4,200)
Total Shareholders' Equity ......................$508,800 Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...