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Use the following to answer questions 1 8 - 2 2 Use the following to answer questions 2 3 - 2 6 The company was
Use the following to answer questions Use the following to answer questions
The company was organized on January XE The firm
was authorized to issue shares of $ par
common stock. During XE the company had the
following transactions relating to shareholders' equity:
What is total Paidin capital
at the end of UXE!
$ Nhat is the additional paidin
capital at the end of XE
$
What is total retained
earnings at the end of XE
$
What is total stockholders'
equity at the end of
shares. How many shares of preferred
stock have been issued?
shares. How many shares of
common stock have been issued?
$
If the common stock were issued at
an average price of $ per share. What amount of the
Additional Paid in capital is from the common stock
issuance?
$ If retained earnings at the beginning
of the period was $ and Net income was
$ what were the declared dividends for the year?
shares. If the treasury stock was
reacquired at $$ per share, how many shares were
reacquired?
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