What total amount should olmsted company report

Assignment Help Accounting Basics
Reference no: EM131793652

Question - Olmsted Company has the following items: common stock, $900,000; treasury stock, $105,000; deferred taxes, $125,000 and retained earnings, $454,000. What total amount should Olmsted Company report as stockholders' equity?

A) $1,124,000.

B) $1,374,000.

C) $1,499,000.

D) $1,249,000.

Reference no: EM131793652

Questions Cloud

What was the cost of the machine to jenks : The present value of an ordinary annuity for five periods at 8% is 3.99271. What was the cost of the machine to Jenks
What is the reorder point to achieve desired service level : Assume normality and that seasonality is not a factor. What is the reorder point to achieve the desired service level?
Sketch a diagram of the two period stock price model : Suppose that, in each period, the cost of a security either goes up by a factor of u = 2 or down by a factor d = 1/2. Assume the initial price of the security.
Discuss computing our straight-line depreciation expense : so we can extend its estimated remaining life from 10 to 15 years for computing our straight-line depreciation expense
What total amount should olmsted company report : Olmsted Company has the following items: common stock, $900,000; What total amount should Olmsted Company report as stockholders' equity
What are the consolidated balances for the net income : What are the consolidated balances for the Net income, Retained earnings, 1/1/11, Patented technology, Goodwill and Liabilities.
Discuss consult to best determine the allocation bases : Which other parties in a company might we want to consult to best determine the allocation bases that would be most appropriate
Compute the payback period for both companies : The Short-Line Railroad is considering a $185,000 investment in either of two companies. The cash flows are as follows.
Calculate amount of dividends in arrears on preferred stock : Calculate the amount of dividends in arrears on Zeta's preferred stock and briefly explain how this amount will be known to investors

Reviews

Write a Review

Accounting Basics Questions & Answers

  If its required return is 15 what is the stocks expected

A stock is expected to pay a dividend of $3.00 at the end of the year (i.e., D1 = $3.00), and it should continue to grow at a constant rate of 10% a year. If its required return is 15%, what is the stock's expected price 1 years from today? Round you..

  Describe the ratios used by financial analysts to monitor

Describe the ratios used by financial analysts to monitor a company's investment in inventories.

  Prepare for publication the balance sheet of the company

The authorised share capital of the Excelsior Machine Co. Ltd. is £250,000 divided into 60,000 5 per cent preference shares of £1 each and 190,000 ordinary.

  Amount of the payments earns compounded annually

What is the amount of the payments that Ned Winslow must make at the end of each of 8 years to accumulate a fund of $90,000 by the end of the eight year, if the fund earns 8% interest, compounded annually?

  Calculate the june ending total for all inventory balances

Blaster began operations in June 20XX. Calculate the June ending total for all inventory balances

  When a government sponsors an investment trust fund

When a government sponsors an Investment Trust Fund the portion that belongs to other governments is reported as assets of the Fund but the portion belonging to the sponsoring government is not.

  Determine the break-even time for the given equipment

Soles, a shoe manufacturer, is evaluating the costs and benefits of new equipment that would custom fit each pair of athletic shoes.

  Horizontal analysis of lowes companies income statements

ACT 5140 - Accounting for Decision Makers Lowes Companies Assignment. Perform a vertical and horizontal analysis of Lowes Companies income statements

  New century financial corp formed in 1995 was a large

new century financial corp. formed in 1995 was a large mortgage lender in the united states. many of these mortgages

  How effective are such laws in protecting the public

Several laws, post recently Sarbanes-Oxley, have provided provisions requiring high ranking officials to certify that they have acted ethically in corporate governance and financial reporting. How effective are such laws in protecting the public? ..

  Ue transferred a building to her newly formed corporation

sue transferred a building to her newly formed corporation rstu inc. the building had an adjusted basis to sue of 75000

  Prepare journal entries to record each of the events

Prepare journal entries to record each of the events listed - Post the journal entries to T­accounts and Jay BradFord invested $40,000 cash in the company.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd