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please completethe attached in 15 min or less thanks (TCO E) Stockholders' equity is generally classified into two major categories: contributed capital and appropriated capital.
please completethe attached in 15 min or less thanks
(TCO E) Stockholders' equity is generally classified into two major categories: contributed capital and appropriated capital. (Points : 5) appropriated capital and retained earnings. retained earnings and unappropriated capital. earned capital and contributed capital. 0 1394272227 MultipleChoice 2 Question 2. 2. (TCO E) Which of the following represents the total number of shares that a corporation may issue under the terms of its charter? (Points : 5) Authorized shares Issued shares Unissued shares Outstanding shares 0 1394272228 MultipleChoice 6 Question 3. 3. (TCO E) Manning Company issued 10,000 shares of its $5 par value common stock having a market value of $25 per share, and 15,000 shares of its $15 par value preferred stock having a market value of $20 per share, all for a lump sum of $480,000. How much of the proceeds would be allocated to the common stock? (Points : 5) $50,000 $218,182 $250,000 $255,000 0 1394272229 MultipleChoice 7 Question 4. 4. (TCO F) Pierson Corporation owned 10,000 shares of Hunter Corporation. These shares were purchased in 2007 for $90,000. On November 15, 2011, Pierson declared a property dividend of one share of Hunter for every 10 shares of Pierson held by a stockholder. On that date, when the market price of Hunter was $14 per share, there were 90,000 shares of Pierson outstanding. What gain and net reduction in retained earnings would result from this property dividend? Net Reduction in Gain Retained Earnings 1. $0 $126,000 2. $0 $ 81,000 3. $45,000 $ 81,000 4. $45,000 $ 36,000 (Points : 5) A B C D 0 1394272230 MultipleChoice 12 Question 5. 5. (TCO F) Written, Inc. has 300,000 outstanding shares of $2 par common stock and 60,000 shares of no-par 8% preferred stock with a stated value of $5. The preferred stock is cumulative and nonparticipating. Dividends have been paid in every year except the past 2 years and the current year. Assuming that $63,000 will be distributed as a dividend in the current year, how much will the preferred stockholders receive? (Points : 5) $21,000 $24,000 $48,000 $63,000 0 1394272231 MultipleChoice 14 Time RemainingStep by Step Solution
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