Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Please hurry Forrest Corporation has the following data: Net income $ 28,040 Preferred dividends 10,400 Average common stockholders' equity 98,000 Forrest's rate of return on
Please hurry Forrest Corporation has the following data: Net income $ 28,040 Preferred dividends 10,400 Average common stockholders' equity 98,000 Forrest's rate of return on common stockholders' equity is O A. 39% O B. 29% O C. 37% OD. 18% Adari Company reported the following information on its financial statements (Click the icon to view the information.) What is Adari's rate of return on total assets? O A. 9.1% OB. 13.9% O C. 11.0% OD. None of the above Data table $ Total Assets, December 31, 2018 Total Assets, December 31, 2019 Interest Expense For Year Ended December 31, 2019 Net Income For Year Ended December 31, 2019 460,000 700,000 4.800 59.000 Print Done Colorado Corporation has two classes of stock common, 52 par value and preferred, S10 par value Requirements 1. Journalize Colorado's issuance of 2.500 shares of common stock for 59 per share 7. Journalize Colorado's issuance of 2.500 shares of preferred stock for a total of $25,000 Requirement 1. Journalize Colorado's issuance of 2,500 shares of common stock for $9 per share. (Record debits fest, then credits Select the explanation on the last line of the Journal entry table) Date Accounts and Explanations Debit Credit Requirement 2. Journal Colorado's issuance of 2.500 shares of preferred stock for a total of 525.000 (Record debit first thin credits Select the explanation on the line of the Journal entry table Date Account and Explanation Debi Credit
Please hurry
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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