F1QOriole Corporation's December 31, 2020 balance sheet showed the following:8% preferred stock, $10 par value, 53000 sharesauthorized; 43000 shares issued$430000Common stock, $10 par value, 4640000 shares authorized;4540000 shares issued, 4500000 shares outstanding45400000Paid-in capital in excess of par-preferred stock125600Paid-in capital in excess of par-common stock54250000Retained earnings15390000Treasury stock (53000 shares)1270000Oriole's total stockholders' equity wasO $100205600.O $116865600.O $115595600.O $114325600.MacBook Air20F6F3@2F2WS#3ED$4F4R%5FF5T6GY&710F7H* 00UDIIFBJ9

Shareholders equity also known as net worth is the amount contributed by the owners into the…

8% preferred stock, $10 par value, 53000 shares authorized; 43000 shares issued Common stock, $10 par value, 4640000 shares authorized; 4540000 shares issued, 4500000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (53000 shares) Oriole's total stockholders' equity was O $100205600. O $116865600. O $115595600. O $114325600. $430000 45400000 125600 54250000 15390000 1270000

8% preferred stock, $10 par value, 53000 shares authorized; 43000 shares issued Common stock, $10 par value, 4640000 shares authorized; 4540000 shares issued, 4500000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (53000 shares) Oriole's total stockholders' equity was O $100205600. O $116865600. O $115595600. O $114325600. $430000 45400000 125600 54250000 15390000 1270000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 5MC: Kent Corporation was organized on January 1, 2014. On that date, it issued 200,000 shares of 10 par...

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