Headland Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016,...
Headland Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016, balance
sheet. Preferred stock, 9%, $100 par (10,000 shares authorized,
1,800 shares issued) $180,000 Common stock, $5 par (101,500 shares
authorized, 20,300 shares issued) 101,500 Additional paid-in
capital 130,000 Retained earnings 486,000 Total $897,500 During
2017, Headland took part in the following transactions concerning
stockholders’ equity. 1. Paid the annual 2016 $9 per share dividend
on preferred stock and a $2 per share dividend...
heffield Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016,...
heffield Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016, balance
sheet. Preferred stock, 9%, $100 par (10,000 shares authorized,
2,200 shares issued) $220,000 Common stock, $5 par (92,500 shares
authorized, 18,500 shares issued) 92,500 Additional paid-in capital
130,000 Retained earnings 447,000 Total $889,500 During 2017,
Sheffield took part in the following transactions concerning
stockholders’ equity. 1. Paid the annual 2016 $9 per share dividend
on preferred stock and a $2 per share dividend...
Flounder Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016,...
Flounder Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016, balance
sheet.
Preferred stock, 11%, $100 par (10,000 shares authorized, 2,100
shares issued)
$210,000
Common stock, $5 par (91,000 shares authorized, 18,200 shares
issued)
91,000
Additional paid-in capital
130,000
Retained earnings
448,000
Total
$879,000
During 2017, Flounder took part in the following transactions
concerning stockholders’ equity.
1.
Paid the annual 2016 $11 per share dividend on preferred stock
and a $2 per share dividend...
Swifty Company reported the following amounts in the
stockholders’ equity section of its December 31, 2019,...
Swifty Company reported the following amounts in the
stockholders’ equity section of its December 31, 2019, balance
sheet.
Preferred stock, 10%, $100 par (10,000 shares authorized, 1,800
shares issued)
$180,000
Common stock, $5 par (93,000 shares authorized, 18,600 shares
issued)
93,000
Additional paid-in capital
130,000
Retained earnings
467,000
Total
$870,000
During 2020, Swifty took part in the following transactions
concerning stockholders’ equity.
1.
Paid the annual 2019 $10 per share dividend on preferred stock
and a $2 per share dividend...
Monty Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016,...
Monty Company reported the following amounts in the
stockholders’ equity section of its December 31, 2016, balance
sheet.
Preferred stock, 10%, $100 par (10,000 shares authorized, 1,800
shares issued)
$180,000
Common stock, $5 par (103,500 shares authorized, 20,700 shares
issued)
103,500
Additional paid-in capital
114,000
Retained earnings
423,000
Total
$820,500
Prepare the December 31, 2017, stockholders’ equity section.
Assume 2017 net income was $336,000.
The stockholders’ equity section of Bloom Corporation appears
below as of December 31, 2017.
8% preferred...
The stockholders’ equity section of Bloom Corporation appears
below as of December 31, 2017.
8% preferred stock, $50 par value, authorized
101,754 shares, outstanding 91,754
shares
$4,587,700
Common stock, $1.00 par, authorized and issued 10,827,200
shares
10,827,200
Additional paid-in capital
20,748,500
Retained earnings
$134,576,000
Net income
33,000,000
167,576,000
$203,739,400
Net income for 2017 reflects a total effective tax rate of 34%.
Included in the net income figure is a loss of $12,341,100 (before
tax) as a result of a non-recurring...
The stockholders' equity section of Wildhorse Co. balance sheet
at December 31 is presented here:
WILDHORSE...
The stockholders' equity section of Wildhorse Co. balance sheet
at December 31 is presented here:
WILDHORSE
CO.
Balance Sheet (partial)
Stockholders'
equity
Paid-in
capital
Preferred stock, cumulative, 11,000 shares
authorized,
6,000 shares issued and
outstanding
$600,000
Common stock, no par, 750,000 shares
authorized,
600,000 shares issued
6,000,000
Total paid-in capital
6,600,000
Retained
earnings
1,450,000
Total
paid-in capital and retained earnings
8,050,000
Less:
Treasury stock (5,000 common shares)
41,000
Total stockholders'
equity
$8,009,000
From a review of the stockholders' equity section,...
The stockholders’ equity section of the balance sheet for Mann
Equipment Co. at December 31, 2018,...
The stockholders’ equity section of the balance sheet for Mann
Equipment Co. at December 31, 2018, is as follows.
Stockholders’ Equity
Paid-in capital
Preferred stock,? par value, 4%
cumulative,
270,000 shares authorized,
57,000 shares issued and outstanding
$
570,000
Common stock, $25 stated value,
320,000 shares authorized, 57,000?? shares issued and
outstanding
1,425,000
Paid-in capital in excess of
par—Preferred
47,000
Paid-in capital in excess of
stated value—Common
114,000
Total paid-in capital
2,156,000
Retained earnings
420,000
Treasury stock, 6,000
shares
(42,000...
included in the December 31, 2015, Jacobi Company balance sheet
was the following shareholders’ equity section:...
included in the December 31, 2015, Jacobi Company balance sheet
was the following shareholders’ equity section: Jacobi Company
Balance Sheet (Shareholders' Equity) December 31, 2015 1
Contributed Capital: 2 Preferred stock, 6%, $100 par $200,000.00 3
Additional paid-in capital on preferred stock 12,000.00 $212,000.00
4 Common stock, $5 par $150,000.00 5 Additional paid-in capital on
common stock 240,000.00 390,000.00 6 Total contributed capital
$602,000.00 7 Retained earnings 627,000.00 8 Accumulated other
comprehensive income (loss): 9 Unrealized decrease in value of...
Included in the December 31, 2015, Jacobi Company
balance sheet was the following shareholders’ equity
section:...
Included in the December 31, 2015, Jacobi Company
balance sheet was the following shareholders’ equity
section:
Jacobi Company Balance Sheet (Shareholders' Equity)
December 31, 2015
1 Contributed Capital:
2 Preferred stock, 6%, $100 par $200,000.00
3 Additional paid-in capital on preferred stock
12,000.00 $212,000.00
4 Common stock, $5 par $150,000.00
5 Additional paid-in capital on common stock
240,000.00 390,000.00
6 Total contributed capital $602,000.00
7 Retained earnings 627,000.00
8 Accumulated other comprehensive income
(loss):
9 Unrealized decrease in value of...