What was shareholders equity as of december

Assignment Help Accounting Basics
Reference no: EM133144179

Question - As of December 31, 2021, Warner Corporation reported the following:

Cash dividends payable $28,090

Treasury stock 680,000

Paid-in capital-share repurchase 28,000

Common stock and other paid-in capital accounts 4,800,000

Retained earnings 3,800,000

Required - What was shareholders' equity as of December 31, 2021?

Reference no: EM133144179

Questions Cloud

Can you give me some examples of localization : Can you give me some examples of localization? For example, In India the Big Mac Burger is one the company's signature product. With that being said they came u
Discuss two methods of production planning : Identify and discuss two methods of production planning? Identify at least three weaknesses in Khan Corporation's revenue cycle activities.
How can your company accommodate communication : Write an email on how can your company accommodate communication and/or language differences within your company. In 550 words
What is the purpose of the group : Identify a well-known group that community members might join, such as a sporting team.
What was shareholders equity as of december : As of December 31, 2021, Warner Corporation reported the following: What was shareholders' equity as of December 31, 2021
Explore the possibilities of international trade finance : Select any Canadian company (products/services) and explore the possibilities of international trade finance on global platform:
Should harley-davidson explore licensing : Recommendation for Haley Davidson: Should Harley-Davidson explore licensing its brand for more merchandising or could the company move to other product categori
Development of accounting principles : How have user's needs impacted the development of accounting principles for the reporting of state and local government units?
How much is the budgeted manufacturing cost for a month : Sunland Corporation's manufacturing costs for August when production was 700 units appears below: How much is the budgeted manufacturing cost for a month

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute cost of goods sold section of the income statement

Compute the cost of goods sold section of the income statement at December 31, 2011, for each company. Include the proper title and format in the solution

  Find out the cost of head lamps that would appear in each

runcke motor company manufactures automobiles. during september 2011 the company purchased 5000 head lamps at a cost of

  Explain the differences between the IFRS and US GAAP

Enumerate and briefly explain the differences between the IFRS and US GAAP on the Treatment of Related Party Transactions issues

  David is a college professor who does some consulting work

david is a college professor who does some consulting work on the side. he uses 25 of his home exclusively for the

  Find what is arlington depreciation deduction

What is Arlington's depreciation deduction for 2020 if its business-use percentage is 75 percent? (Ignore any possible bonus depreciation.)

  Determine alex basis in each distributed asset

Determine Alex's basis in each distributed asset. Show computations for full credit. The ABC Partnership distributes the following property to Alex

  Estimate salvage value at the end of the recovery period

A piece of equipment is purchased for $40,000 and has an estimated salvage value of $1,000 at the end of the recovery period. Prepare a depreciation schedule.

  When is the bonus taxable to dan and deductible

The bonus is deferred for 10 years and becomes payable gradually in years 11 through 15. When is the bonus taxable to Dan and deductible by the employer

  Compute the issuance price of the bonds

Trew Company plans to issue bonds with a face value of $904,500 and a coupon rate of 6 percent. Compute the issuance price of the bonds

  What is effect on retained earnings of large stock dividend

Company declares and distributes a 50% common stock dividend. There are 100,000 shares outstanding when the market value of the $1 par common stock is $12 per share. What is the effect on Retained Earnings of this large stock dividend?

  Discuss what amount will plaxo record as a deferred tax

What amount will Plaxo record as a deferred tax asset or liability in 2010

  Determining the alternative payment options

Kathy Clark owns a small company that makes ice machines for restaurants and food-service facilities. Kathy knows a great deal about producing ice machines but is less familiar with the best terms to extend to her customers. One customer is openin..

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