E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3 [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock $1,010,000 $ 770,000 $1,080,000 101,000 75,000 $ 650,000 Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $31 per share. E11-4 Part 1 Required: 1. What is the amount of additional paid-in capital?
E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3 [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock $1,010,000 $ 770,000 $1,080,000 101,000 75,000 $ 650,000 Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $31 per share. E11-4 Part 1 Required: 1. What is the amount of additional paid-in capital?
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.20P
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Required information
E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3
[The following information applies to the questions displayed below.]
The financial statements for Highland Corporation included the following selected information:
Common stock
$1,010,000
$ 770,000
$1,080,000
101,000
75,000
$ 650,000
Retained earnings
Net income
Shares issued
Shares outstanding
Dividends declared and paid
The common stock was sold at a price of $31 per share.
E11-4 Part 1
Required:
1. What is the amount of additional paid-in capital?
Prov
of 10
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Required information
E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3
[The following information applies to the questions displayed below.]
The financial statements for Highland Corporation included the following selected information:
Common stock
$1,010,000
$ 770,000
$1,080,000
101,000
75,000
$ 650,000
Retained earnings
Net income
Shares issued
Shares outstanding
Dividends declared and paid
The common stock was sold at a price of $31 per share.
E11-4 Part 1
Required:
1. What is the amount of additional paid-in capital?
Prov
of 10
Next
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