Crumb cookie companys charter allows it to sell

Reference no: EM13611048

Crumb Cookie Company's charter allows it to sell 250,000shares of $2 par value common stock. To date, the firm has sold 100,000 shares fora total of $600,000. Crumb Cookie has reacquired 4,000 shares from shareholders at a price of$8 per share. Retained earnings are $250,000.

a.What total amount of contributed capital should Crumb Cookiereport?

b.What amount should be reported for the Common Stock account?

c.What was the average selling price of each share of commonstock?

d.How many shares of stock are outstanding?

e.What amount should be reported for stockholders' equity?

Reference no: EM13611048

Questions Cloud

A resercher wishes to estimate with 90 confidence the : a resercher wishes to estimate with 90 confidence the proportion of adults who have high-speed internet access. her

On june 1 acme corporation declared and issued a 15 : on june 1 acme corporation declared and issued a 15 stockdividend to each of its 400000 outstanding shares of 2 par

Consider that there is no heat transfer between the : water vapor was flowing through the pipeline at 08 mpa pressure and 250 degc temperature. a cylinder-piston mechanism

During 2012 tanner manufacturing expected job no 26 to cost : during 2012 tanner manufacturing expected job no. 26 to cost 450000 of overhead 500000 of materials and 300000 in

Crumb cookie companys charter allows it to sell : crumb cookie companys charter allows it to sell 250000shares of 2 par value common stock. to date the firm has sold

Suppose after charging a 37 microf capacitor to 6 v you : suppose after charging a 3.7 microf capacitor to 6 v you connect it to the second uncharged capacitor of 12 microf.

Eden company uses process costing to account for its : eden company uses process costing to account for its production costs. direct labor is added evenly throughout the

Determine the distance s traveled by the 11-kg cart before : the system is released from rest with no slack in the cable and with the spring stretched 100 mm. determine the

When a force is moved to a point not along its line of : when a force is moved to a point not along its line of action it can be replaced witha. a resultant force and moment.b.

User Account

All Pages