Most Company's comparative balance sheet at January 31, 2019, and 2018, reports the following (in millions): E: (Click the icon to view the comparative balance sheet.) The following are three situations related Most Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2019. Read the requirements. Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation. (Enter an amount in each input area. Input a "0" when there is no amount to be entered. Enter amounts in millions. Use a minus sign or parentheses when entering net losses or numbers to be subtracted.) Situation #1 Total stockholders' equity, January 31, 2018 Add: Issuance of stock Net income Less: Dividends declared Net loss Total stockholders' equity, January 31, 2019 Most Company's comparative balance sheet at January 31, 2019, and 2018, reports the following (in millions): (Click the icon to view the comparative balance sheet.) The following are three situations related Most Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2019. Read the requirements. Data Table nt in each input area. Input a "0" when there is Begin by reviewing the labels for the change in stockhd entered. Enter amounts in millions. Use a minus sign o Sit Total stockholders' equity, January 31, 2018 2019 2018 52 Add: Issuance of stock Total assets $ 79 $ Net income Total liabilities 22 17 Less: Dividends declared Net loss Print Done Total stockholders' equity, January 31, 2019 Enter any number in the edit fields and then click Check Answer. 2 parts Clear All Final Che remaining ck the icon to view the comparative balance sheet.) owing are three situations related Most Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2019. e requirements. Requirements 1. Input a "0" when there is n y reviewing the labels for the change - Enter amounts in millions. Use a mi ockholders' equity, January 31, 2018 suance of stock For each situation, use the accounting equation and what you know from the chapter about stockholders' equity, common stock, and retained earnings to calculate the amount of Most's net income or net loss during the year ended January 31, 2019. 1. Most issued $7 million of stock and declared no dividends. 2. Most issued no stock but declared dividends of $8 million. 3. Most issued $5 million of stock and declared dividends of $100 million. Vet income ividends declared Print Done Vet loss Ockholders' equity, January 31, 2019 y number in the edit fields and then click Check
