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Seaside Company reported the following items on its statement of shareholders' equity for the year ended December 31, 2018 (amounts in thousands of dollars): (Click
Seaside Company reported the following items on its statement of shareholders' equity for the year ended December 31, 2018 (amounts in thousands of dollars): (Click the icon to view the statement of shareholders' equity.) Read the requirements. Requirement 1. Determine the December 31, 2018, balances in Seaside's shareholders' equity accounts and total shareholders' equity. (Use parentheses or a minus sign with numbers to be subtracted. Enter amounts in thousands as provided to you in the problem statement.) Accumulated $3.00 par Other Common Additional Paid-in Retained Comprehensive Total Shareholders' Stock Capital Earnings Income Equity Balance, December 31, 2017 $ 375 $ 1,605 $ 4,800 $ 9 $ 6.789 Net earnings 1,340 Other comprehensive income Issuance of stock 270 100 (55) Cash dividends Balance, December 31, 2018 Data Table $3.00 Par Common Additional Paid in Stock Capital 375 $ 1,605 $ Accumulated Other Retained Comprehensive Total Shareholders' Earnings Income Equity 4,800 $ 9 $ 6,789 1,340 Balance, December 31, 2017 .... $ Net earnings Other comprehensive income ... Issuance of stock 1 1 270 100 Cash dividends (55) Balance, December 31, 2018 ..... Print Done - 0 Requirements 1. Determine the December 31, 2018, balances in Seaside's shareholders' equity accounts and total shareholders' equity. 2. Seaside's total liabilities on December 31, 2018, are $7,400. What is the company's debt ratio on this date? 3. Was there a profit or a loss for the year ended December 31, 2018? How can you tell? 4. At what price per share did Seaside issue common stock during 2018
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