December 31, 2015 Alexander Corp. has the following balang Udal A $90. moetal Di s co Total Equity 4.000 Calculate the debt to equity to A) 1.65 EN54 0.64 D) 0.04 35) Happy Holiday Inc. has 100.000 shares of common stock and outstanding with a per value of $0.01 per share. They declared a 15% common stock dividend market value $12 pershane Which of the following is the correct imalantry to record the transaction? A) Debit Retained Earnings $180.000 credit Common Stock Dividend Distributable $150 and credit Pald-In Capital in Eccess of Par-Common $179.850. B) Debit Retained Barings $180.000 and credit Paid-In Capital in Excess of Per Common $180.000, Debit Retained Eaming $180.000 and credit Cash $180,000 D) Debit Common Stock Dividend Distributable $150, debit Paid-in Capital in Excess of Par -Common $179,850 and credit Retained Barnings $180,000 * 26 Trek Company signed a 9%, 10-year note for $150,000. The company paid $1.00 the installment for the first month. What portion of the first monthly payment is interest expense? A) $16,000 B) 54,800 $14,400 D) $1,125 MIT DMIT -) The hile in the Bandeyal Account is a fredito . The balantain the Premium on BY Paye Account is act of $200. High much is the band carrying amanet AlSa500 ) 9 .00 7 :00 Which of the following is trub of available for sale (AFS) investments? A) They are m oeted as long-term assets on the balance sheet only if they are planned to be held for longthenawar 3) They a lways reported enten halance sheet They are always reportingas long term a s in the balance sheet D) They are report as cuent a n the planetary if the bus expects to thala within the first two years Montre Company had the following transactions in 2015, he first year of operations hned Mode dure of common stock. She has par value of $1.00 per shape and was mandat $18.00 per - Eamed net income of $70,000 Pald dividende At the end of 2015, what the total mount of stockholders' epih A) 10,000 Sloooo Dj So OMIT 2. Which of the following cours when a 2-for-1 stockpit les declared? A) The balance in pald-in capital doubles B) The balance in common stock remains the same The balance in common stock doubles D) The balance in common stock reduced to all the original mount