Find the amount of retained earnings at beginning of the

Assignment Help Mathematics

Reference no: EM13472578

The financial statements for a company included the following information:

Common Stock

$1,750,000

Retained Earnings

$950,000

Net Income

$1,250,000

Shares Issued

110,000

Shares Outstanding

90,000

Dividends Declared and Paid

$900,000

The common stock was sold at a price of $30 per share.

Complete the following:

(a) What is the amount of capital in excess of par?

(b) What was the amount of retained earnings at the beginning of the year?

(d) Compute earnings per share

Reference no: EM13472578

Questions Cloud

Suppose that the professional correspondence are the same : graph and trees are useful in visualizing data and the relations within and between data sets. conversely it is also

Assume that preferred stock is noncumulative and total : suppose a company had the following stock outstanding and retained earnings on december 31 2011.common stock par 7

The average college student graduated with 27200 in debt : 1. the weight of turkeys is normally distributed with a mean of 22 pounds and a standard deviation of 5 pounds.a find

Use your knowledge of definitions and conjectures to write : use your knowledge of definitions and conjectures to write a paragraph explaining why it is true that each side of a

Find the amount of retained earnings at beginning of the : the financial statements for a company included the following informationcommon stocknbsp1750000nbspretained

Discuss any areas related to citing sources that you find : discuss any areas related to citing sources that you find confusing or difficult to understand or apply.in your

Explain the purpose of simple linear regression and scatter : what benefit does a variable provide when developing and examining models? explain the purpose of simple linear

Analyze each companys history product services major : as the representative from your accounting firm or practice you are in charge of stock market analysis that will be

Take this opportunity to practice calculating a correlation : take this opportunity to practice calculating a correlation. using lesson 21 data file 1.sav available under course

User Account

All Pages