Answered step by step
Verified Expert Solution
Question
1 Approved Answer
fast please On 31/12/2020, the stockholders' equity of BST Corporation was as follows: Paid in capital Preferred stock $ 100 por, authorized 20,000 shares, issued
fast please
On 31/12/2020, the stockholders' equity of BST Corporation was as follows: Paid in capital Preferred stock $ 100 por, authorized 20,000 shares, issued and $400,000 Outstanding 4,000 shares Common stock, 55 par authorized 2 million sharos, bued and $1,500,000 Outstanding shares Common stock dividends distributoblo $75,000 Paid in capital in excess of por common $200,000 Poid in capital in excess of par preferred $82.000 Total paid in Capital $2.257.000 Retained Earnings Total stockholders' Equity $2.797,000 35.40.000 Early in January 2021, the stock dividends was issued. Soon after that the company applied a common stock normal salt at a ratio of 1 to 3. Finally the company re-acquired some of its common sharos from the market, by paying $200,000, when the market price was 5 & per share Required: how many common shares are issued at the end of January 2017 number only (ne commas or $ signs) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started