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The stockholders' equity accounts of Bramble Corp on January 1. 2017, were as follows rse Preferred Stock (6%, S 100 par noncumulative, 5,000 shares authorized)
The stockholders' equity accounts of Bramble Corp on January 1. 2017, were as follows rse Preferred Stock (6%, S 100 par noncumulative, 5,000 shares authorized) Common Stock ($4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (5.000 common shares) S300.000 1,000,000 15,000 480,000 707,500 40,000 ces During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity Feb, 1 Issued 5,000 shares of common stock for $35,000. Mar. 20 Purchased 1,000 additional shares of common treasury stock at $9 per share Oct. 1 Declared a 6% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1 Dec. 1 Declared a $0.40 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017 Dec. 31 Determined that net income for the year was $281.700. Paid the dividend declared on December 1. ner sion Preferred Stock 1/1 Bal 300000 12/31 Bal 300000 Common Stock /1Bal 1000000 20000 12/31 Bal Paid-in Capital in Excess of Par Value Preferred Stock 1/1 Bal 15000 12/31 Bal 15000 Paid-in Capital in Excess of Stated Value-Common Stock /1Bal 480,000 15000 12/31 Bal. Retained Earnings 12/31 18000 /1 Bal 707500 12/31 99600 12/31 11760012/31 Bal. Cash Dividends 18000 12/31 281700 12/31 Bal. 871600 117600 12/1 99600 12/31 Bal. Treasury Stock BRAMBLE CORP Partial Balance Sheet Your answer is partially correct per share, and return on common stockholders' equity Round earning per share to 2 decimal places, es $266 and all other answers to 1 decimal place. 17.5%) Payout ratico Earnings per share Return on common stockholders' equity 35 1.06 eTextbook and Media
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