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undefined This Question: 1 pt 21 of 30 (19 complete) This Test: 30 pts possible Changes in stockholders' equity Listed are the equity sections of
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This Question: 1 pt 21 of 30 (19 complete) This Test: 30 pts possible Changes in stockholders' equity Listed are the equity sections of balance sheets for the years 2017 and 2018 as reported by Taylor Construction Plc. The overall value of stockholder's equity has increased from 2,000,000 to 3,400,000. Use the statements provided to answer the following questions. Taylor Construction Plc. paid total dividends of 300,000 to their stockholders in 2018. a. What was the corporation's profit after taxes? b. How many new shares were issued by Taylor Constructions during the year? c. At what price per share did the new stock, issued in 2018, sell? d. Assume that the share capital and share premium for 2017 relates to the original share issue in 2015 and there has not been any change since. What was the price per share for stock sold in 2015? a. Taylor Construction's profit after taxes for fiscal 2018 is . (Round to the nearest dolla - X - Data Table b. The number of new shares issued is shares. (Round to the nearest integer.) c. The price per share of the new stock sold is . (Round to the nearest cent.) (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) d. The price per share for stock sold in 2015 was (Round to the nearest cent.) U 2018 Taylor Construction Plc. Balance Sheets (partial) Stockholders' Equity 2017 Common stock (0.10 par) Authorized5,000,000 shares Issued and paid up ordinary share capital 1,000,000 Share premium 400,000 Retained earnings 600,000 Total stockholders' equity 2,000,000 Enter your answer in each of the answer boxes. 1,200,000 1,000,000 1,200,000 3,400,000 OAADM This Question: 1 pt 21 of 30 (19 complete) This Test: 30 pts possible Changes in stockholders' equity Listed are the equity sections of balance sheets for the years 2017 and 2018 as reported by Taylor Construction Plc. The overall value of stockholder's equity has increased from 2,000,000 to 3,400,000. Use the statements provided to answer the following questions. Taylor Construction Plc. paid total dividends of 300,000 to their stockholders in 2018. a. What was the corporation's profit after taxes? b. How many new shares were issued by Taylor Constructions during the year? c. At what price per share did the new stock, issued in 2018, sell? d. Assume that the share capital and share premium for 2017 relates to the original share issue in 2015 and there has not been any change since. What was the price per share for stock sold in 2015? a. Taylor Construction's profit after taxes for fiscal 2018 is . (Round to the nearest dolla - X - Data Table b. The number of new shares issued is shares. (Round to the nearest integer.) c. The price per share of the new stock sold is . (Round to the nearest cent.) (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) d. The price per share for stock sold in 2015 was (Round to the nearest cent.) U 2018 Taylor Construction Plc. Balance Sheets (partial) Stockholders' Equity 2017 Common stock (0.10 par) Authorized5,000,000 shares Issued and paid up ordinary share capital 1,000,000 Share premium 400,000 Retained earnings 600,000 Total stockholders' equity 2,000,000 Enter your answer in each of the answer boxes. 1,200,000 1,000,000 1,200,000 3,400,000 OAADMStep by Step Solution
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