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! Required Information The following information applies to the questions displayed below) On January 1, Yeart the general ledger of a company includes the following account balances.. Accounts Debit Credit Cash 5.44,200 Accounts Receivable 47,500 Supplies 9.000 Equipment 79.000 Accumulated Depreciation $ 10,500 Accounts Payable 16100 Common Stock, 51 par value 15,000 Additional Paid-in Capital 95,000 Retained Earnings 43, 100 Totals $179,700 5179,700 During January Year 1, the following transactions occur January 2 Issue an additional 2,200 shares of 51 par value common stock for 546,000 January 9 Provide services to customers on account. 515,300 January 10 Purchase additional supplies on account, 56,400. January 12 Purchase 1,000 shares of treasury stock for $22 per Share January 15 Pay cash on accounts payable, $18,000 January 21 Provide services to customers for cash, 550,600 January 22 Receive cash on accounts receivable, $10,100. January 29 Declare cash dividend of se.30 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: The company had 15,000 shares outstanding on January 1, Year 1, and dividends are not paid on treasury stock.) January 30 Resell 900 shares of treasury stock for 524 per share. January 31 Pay cash for salaries during January, $43,500 6-1. Calculate the return on equity for the month of January Ron Equity Roho Choose Denominator Cho Nume Return on Equity Ratio Return on 0-2. If the average return on equity for the industry for January 1$ 23%, is the company more or less profitable than other companies in the same industry? More profitable Less profitable b. How many shares of common stock are outstanding as of January 31, Year 1? anto outstandig c-1. Calculate eamings per share for the month of Januarynt to calculate average shares of common stock outstanding take the beginning shares outstanding plus the ending shares outstanding and divide the total by 2) Emming Pet Share Cho Denominato Choose two Bags Per Share Earnings Per Shane -2. It earnings per share was $2.40 last year, an average of $2 40 per months eamings per share for January Year 1 better on worse than last year's averages Better worse