Question

Oriole Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value,...

Oriole Corporation's December 31, 2020 balance sheet showed the following:

6% preferred stock, $10 par value, cumulative,

     35000 shares authorized; 24000 shares issued

$ 240000

Common stock, $10 par value, 3,000,000 shares authorized;

     1,950,000 shares issued, 1,920,000 shares outstanding

19500000

Paid-in capital in excess of par value - preferred stock

73000

Paid-in capital in excess of par value - common stock

27900000

Retained earnings

9450000

Treasury stock (30,000 shares)

748000


Oriole's total paid-in capital was

$27813000.

$47713000.

$48461000.

$46965000.

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Whispering Winds Corp.’s December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par...
Whispering Winds Corp.’s December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative,      35000 shares authorized; 19000 shares issued $ 190000 Common stock, $10 par value, 3,000,000 shares authorized;      1,950,000 shares issued, 1,920,000 shares outstanding 19500000 Paid-in capital in excess of par value - preferred stock 63000 Paid-in capital in excess of par value - common stock 28600000 Retained earnings 9650000 Treasury stock (32000 shares) 736000 Whispering's total stockholders' equity was a $57267000. b $556610....
Racer Corporation's December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par value,...
Racer Corporation's December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative,      40,000 shares authorized; 25,000 shares issued $     500,000 Common stock, $10 par value, 4,000,000 shares authorized;      2,600,000 shares issued, 2,560,000 shares outstanding 26,000,000 Paid-in capital in excess of par value – preferred stock 80,000 Paid-in capital in excess of par value – common stock 37,000,000 Retained earnings 12,200,000 Treasury stock (30,000 shares) 840,000 Racer's total paid-in capital was Question 9 options:...
1. Coronado Corporation’s December 31, 2020 balance sheet showed the following: 7% preferred stock, $20 par...
1. Coronado Corporation’s December 31, 2020 balance sheet showed the following: 7% preferred stock, $20 par value, cumulative, 15300 shares authorized; 5300 shares issued. $ 106000 Common stock, $10 par value, 1090000 shares authorized; 1040000 shares issued, 1010000 shares outstanding. 10400000 Paid-in capital in excess of par—preferred stock. 29000 Paid-in capital in excess of par—common stock. 11590000 Retained earnings. 3790000 Treasury stock (14800 shares). 310800 Coronado’s total paid-in capital was: a. $21814200. b. $22125000. c. $12175000. d. $22435800. 2. Swifty...
Sheffield Corporation’s December 31, 2018 balance sheet showed the following: 7% preferred stock, $20 par value,...
Sheffield Corporation’s December 31, 2018 balance sheet showed the following: 7% preferred stock, $20 par value, cumulative, 14600 shares authorized; 9600 shares issued $ 192000 Common stock, $10 par value, 1010000 shares authorized; 985000 shares issued, 970000 shares outstanding 9850000 Paid-in capital in excess of par—preferred stock 28500 Paid-in capital in excess of par—common stock 11630000 Retained earnings 3760000 Treasury stock (15000 shares) 315000 Sheffield’s total paid-in capital was    A. $22015500.    B. $11750500.    C. $21385500.    D....
7% preferred stock, $20 par value, cumulative, 15300 shares authorized; 5300 shares issued $ 106000 Common...
7% preferred stock, $20 par value, cumulative, 15300 shares authorized; 5300 shares issued $ 106000 Common stock, $10 par value, 1090000 shares authorized; 1040000 shares issued, 1010000 shares outstanding 10400000 Paid-in capital in excess of par—preferred stock 29000 Paid-in capital in excess of par—common stock 11590000 Retained earnings 3790000 Treasury stock (14800 shares) 310800 Coronado’s total paid-in capital was $22435800. $22125000. $21814200. $12175000.
Book Value for Preferred and Common Stock The stockholders' equity section of Plaka Corporation's balance sheet...
Book Value for Preferred and Common Stock The stockholders' equity section of Plaka Corporation's balance sheet follows. Contributed capital: Preferred stock, $100 par value, callable at $105 per share, 6 percent cumulative, 5,000 shares authorized, 100 shares issued and outstanding $10,000 Common stock, $5 par value, 50,000 shares authorized, 5,000 shares issued, 4,500 shares outstanding 25,000 Additional paid-in capital 14,000 Total contributed capital $49,000 Retained earnings 47,500 Total contributed capital and retained earnings $96,500 Less treasury stock, common (500 shares...
The stockholders' equity section of Piper Corporation's balance sheet at December 31, 2016, appears below: Stockholders'...
The stockholders' equity section of Piper Corporation's balance sheet at December 31, 2016, appears below: Stockholders' equity    Paid-in capital       Common stock, $10 par value, 400,000 shares authorized;       300,000 issued and outstanding $3,000,000    Paid-in capital in excess of par 1,200,000          Total paid-in capital 4,200,000    Retained earnings 900,000          Total stockholders' equity $5,100,000 During 2017, the following stock transactions occurred: Jan. 18 Issued 80,000 shares of common stock at $23 per share. Aug. 20 Purchased 20,000 shares of Piper Corporation's common stock at...
The following items were shown on the balance sheet of Windsor, Inc. on December 31, 2020:...
The following items were shown on the balance sheet of Windsor, Inc. on December 31, 2020: Stockholders’ Equity Paid-In Capital Capital Stock Common stock, $5 par value, 800,000 shares authorized; ______ shares issued and ______ outstanding $3,000,000 Additional paid-in capital In excess of par value 192,000 Total paid in capital 3,192,000 Retained Earnings 600,000 Total paid-in capital and retained earnings 3,792,000 Less: Treasury stock (26,000 shares) 260,000 Total stockholders’ equity $3,532,000 Complete the following statements. (a) The number of shares...
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...
Raphael Corporation’s balance sheet shows the following stockholders’ equity section. Preferred stock—5% cumulative, $___ par value,...
Raphael Corporation’s balance sheet shows the following stockholders’ equity section. Preferred stock—5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 50,000 Common stock—$___ par value, 4,000 shares authorized, issued, and outstanding 100,000 Retained earnings 370,000 Total stockholders' equity $ 520,000 1. What are the par values of the corporation’s preferred stock and its common stock? Par Value Corporation's preferred stock Corporation's common stock 2. If no dividends are in arrears at the current date, what is the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT