req 1 and 6
Check my work mode : This shows what is correct or incorrect for the work you Assume that the stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. the year, the company reported net income of $241125,000 and declared and paid dividends of $11.907.000 Current Year Last Year 1.166,000 5 Stockholders uity Common stock, Class A-116,600,308 and 116,595,495 shares issuedt 7 and 7 shares outstanding 5 common stock, Clas convertibles 4,170,929 sharested and outstanding Additional paid in capital Betained earnings se tre stock. at coat, Class 47,305,746 and 45.400.143 shares 42,000 773,055,000 2.497,727,000 1,166.000 42,000 997,987,000 (343,560,000) Required: 1. What is the par value of Magnum's Class A common stock? 2. How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? 3. What amount was reported in the Retained Earnings account at the end of last year? 4. How is the dollar amount in the treasury stock account at the end of the current year reflected on the asset side of the balance sheet? S. During the current year, by what amount did treasury stock transactions increase or decrease stockholders equity? 6. At the end of the current year, what was the average price paid per share for shares held in treasury stock? Answer is not complete Complete this question by entering your swers in the tabs below And they was the average proped perrethreshed in treasury w Chow you 400 Next > manipeg 1.lps_crocopy22644 meleg co Otv MacBook Pro 20 000 ga FE work 17, Part A Check my work mode : This shows what is correct or incorrect for the work you have com 1 Assume that the stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. During the year, the company reported net income of $241125,000 and declared and paid dividends of $11,907,000 stockholders Tiquity Current Year Last Year Common stock, CINNS A-116,400,300 and 116,595,495 shares ved, and share atatandis $ 1,345,000 5 1.166,000 Common stock, can convertible 4.170.23 shares ned outstanding 42.000 42,000 Additional padin spital 773,455,000 797,987,000 Metaldearings 2.497,727,000 ? LASS E stock, at est. Class 49,306,245 45,406,148 shares (1,887,381,090) 1943,560,000) Required: 1 What is the per value of Magnum's Class A common stock 2. How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? 3. What amount was reported in the Retained Earnings account at the end of last year? 4. How is the dollar amount in the treasury stock account at the end of the current year reflected on the asset side of the balance Sheer? 5. During the current year, by what amount did treasury stock transactions increase or decrease stockholders' equity? 6. At the end of the current year what was the average price paid per share for shares held in treasury stock? Answer is not complete Complete this question by entering your answers in the tabe below. Wed 4 and 5 Reg. How many that A Comments were in the end of year and the end of the current year PO 030 Prev SH Indig 1.po.crocopy22644 meleg ddle ty w MacBook Pro Check my work mode : This shows what is correct or incorrect for the work you Assume that the stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. the year, the company reported net income of $241125,000 and declared and paid dividends of $11.907.000 Current Year Last Year 1.166,000 5 Stockholders uity Common stock, Class A-116,600,308 and 116,595,495 shares issuedt 7 and 7 shares outstanding 5 common stock, Clas convertibles 4,170,929 sharested and outstanding Additional paid in capital Betained earnings se tre stock. at coat, Class 47,305,746 and 45.400.143 shares 42,000 773,055,000 2.497,727,000 1,166.000 42,000 997,987,000 (343,560,000) Required: 1. What is the par value of Magnum's Class A common stock? 2. How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? 3. What amount was reported in the Retained Earnings account at the end of last year? 4. How is the dollar amount in the treasury stock account at the end of the current year reflected on the asset side of the balance sheet? S. During the current year, by what amount did treasury stock transactions increase or decrease stockholders equity? 6. At the end of the current year, what was the average price paid per share for shares held in treasury stock? Answer is not complete Complete this question by entering your swers in the tabs below And they was the average proped perrethreshed in treasury w Chow you 400 Next > manipeg 1.lps_crocopy22644 meleg co Otv MacBook Pro 20 000 ga FE work 17, Part A Check my work mode : This shows what is correct or incorrect for the work you have com 1 Assume that the stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. During the year, the company reported net income of $241125,000 and declared and paid dividends of $11,907,000 stockholders Tiquity Current Year Last Year Common stock, CINNS A-116,400,300 and 116,595,495 shares ved, and share atatandis $ 1,345,000 5 1.166,000 Common stock, can convertible 4.170.23 shares ned outstanding 42.000 42,000 Additional padin spital 773,455,000 797,987,000 Metaldearings 2.497,727,000 ? LASS E stock, at est. Class 49,306,245 45,406,148 shares (1,887,381,090) 1943,560,000) Required: 1 What is the per value of Magnum's Class A common stock 2. How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? 3. What amount was reported in the Retained Earnings account at the end of last year? 4. How is the dollar amount in the treasury stock account at the end of the current year reflected on the asset side of the balance Sheer? 5. During the current year, by what amount did treasury stock transactions increase or decrease stockholders' equity? 6. At the end of the current year what was the average price paid per share for shares held in treasury stock? Answer is not complete Complete this question by entering your answers in the tabe below. Wed 4 and 5 Reg. How many that A Comments were in the end of year and the end of the current year PO 030 Prev SH Indig 1.po.crocopy22644 meleg ddle ty w MacBook Pro
