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Nike Shareholders equity You must consider the following transactions in order to solve for Nike's 2025 shareholders equity. Shareholders Equity Contributed Capital Common shares, 500,500
"Nike Shareholders equity" You must consider the following transactions in order to solve for Nike's 2025 shareholders equity. Shareholders Equity Contributed Capital Common shares, 500,500 shares authorized, 250,000 shares issued and outstanding $1,500,000 Total Contributed capital 1,500,000 Retained Earnings $500,000 Total Shareholders' Equity $2,000,000 The transactions that happened during the year 2025: Feb #1: declared 8% stock dividend on the common shares. Market value was $6 per share. April #30: distributed the stock dividends that were declared. June #30: repurchased 25,000 of Nike's common shares for $5 per share. The average issue price of the shares was $6. Nov #1: Nike had issued 20,000 common shares for $7 per share. Dec # 1: Nike declared a $0.25 per share, on the dividend of the common shares. Dec #31: net income had a total of $325,000 and must be closed to Retained Earnings. Required: - Record the transactions in journal Entry - Present the shareholders' equity section of the balance sheet as of December 31, 2025. - Calculate earnings per share (EPS) on December 31, 2025. ***** Due to the newly issued common shares and Dividends Make sure to calculate Weighted average***
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