Question
43. Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings)
43.
Yellow Enterprises reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances.
|
|
|
|
Deficit (debit balance in retained earnings) | $ | 2,200 |
|
Common stock |
| 3,700 |
|
Paid-in capitalshare repurchase |
| 1,300 |
|
Treasury stock (at cost) |
| 220 |
|
Paid-in capitalexcess of par |
| 31,900 |
|
|
During 2022 ($ in thousands), net income was $10,100; 25% of the treasury stock was resold for $630; cash dividends declared were $790; cash dividends paid were $410. What ($ in thousands) was shareholders' equity as of December 31, 2021?
Top of Form
Multiple Choice
$33,180.
$34,480.
$34,920.
$38,880.
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