White Pear Inc., an organic soap manufacturer, showed the following equity information as at December 31, 2017:
Question:
White Pear Inc., an organic soap manufacturer, showed the following equity information as at December 31, 2017:
Other information:a. The preferred shares had sold for an average price of $36.00.b. The common shares had sold for an average price of $14.20.c. Retained earnings at December 31, 2016, was $192,000. During 2017, profit earned was $1,728,000. The board of directors declared a total cash dividend of $540,000.
Required
Calculate A, B, C, D, and E.
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Related Book For
Fundamental Accounting Principles Volume 2
ISBN: 9781259087363
15th Canadian Edition
Authors: Kermit Larson, Heidi Dieckmann
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