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Reporting Stockholders' Equity Bonner Company began business this year and immediately sold 500,000 common shares for $13,500,000 cash and paid $750,000 in common dividends.
Reporting Stockholders' Equity Bonner Company began business this year and immediately sold 500,000 common shares for $13,500,000 cash and paid $750,000 in common dividends. At midyear, the firm bought back some of its own shares. The company reports the following additional information at year-end: Net income Unrealized gain on available-for-sale debt securities Common stock, at par Retained earnings beginning of year Common shares authorized Common shares outstanding at year's end $3,750,000 $66,000 $5,000,000 $0 750,000 425.000 a. What was the average sales price of a common share when issued? Round to two decimal places. $ per share b. What is the par value of the common shares? $ per share c. How much is in the Additional paid-in capital account at the end of the year? $ d. How much is in accumulated other comprehensive income (loss) at the end of the year? $ e. Determine the retained earnings amount at the end of the year. $ f. How many shares of stock are in the treasury at the end of the year? shares g. Compute BEPS. Round to two decimal places. $
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