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.
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...
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:...
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.
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...
The following items were shown on the balance sheet of Martin
Corporation on December 31, 2017:...
The following items were shown on the balance sheet of Martin
Corporation on December 31, 2017:
Stockholders’ Equity
Paid-In Capital
Capital Stock
Common stock, $5 par value, 750,000 shares
authorized; ______ shares issued and ______ outstanding
$3,000,000
Additional paid-in capital
In excess of par value 180,000
Total paid in capital 3,180,000
Retained Earnings 500,000
Total paid-in capital and retained earnings 3,680,000
Less: Treasury stock (20,000 shares) 280,000
Total stockholders’ equity $3,400,000 Complete the following
statements.
(a) The number of shares...
The following items were shown on the balance sheet of Weslyn
Corporation on December 31, 2015:...
The following items were shown on the balance sheet of Weslyn
Corporation on December 31, 2015:
Stockholder’s Equity
Paid-in capital
Capital Stock
Common Stock. $10 par value, 400,000 shares
Authorized; _____ shares issued and _____ outstanding……………..
$1,850,000
Additional paid-in capital
In excess of par……………………………………………………… 165,000
Total paid-in capital…………………………………………….... 2,015,000
Retained earnings……………………………………………………………………. 750,000
Total paid-in capital and retained earnings………………………………….
2,765,000
Less: Treasury Stock (18,000 shares)………………………………………………..
270,000
Total stockholder’s equity…………………………………………………… $2,495,000
Complete the following...
Sarasota Corp. has been authorized to issue 20,400 shares of
$100 par value, 6%, noncumulative preferred...
Sarasota Corp. has been authorized to issue 20,400 shares of
$100 par value, 6%, noncumulative preferred stock, and 1,140,000
shares of no-par common stock. The corporation assigned a $4 stated
value to the common stock. On December 31, 2022, the ledger
contained the following balances pertaining to stockholders’
equity. Preferred Stock $154,000 Paid-in Capital in Excess of Par
Value—Preferred Stock 21,400 Common Stock 1,980,000 Paid-in Capital
in Excess of Stated Value—Common Stock 1,550,000 Treasury Stock
(4,100 common shares) 32,800 Retained...