Scott Lockhart owns and operates AAA Delivery Services. On January 1, 20Y7, Common Stock had a balance of $30,000, and Retained Earnings had a balance of $807,500. During the year, no additional common stock was issued, and $10,000 of dividends were paid. For the year ended December 31, 20Y7, AAA Delivery reported a net income of $65,250. Prepare a statement of stockholders’ equity for the year ended December 31, 20Y7.

Junkyard Arts, Inc., had earnings of $174,300 for the year. The company had 24,000 shares of common stock outstanding during the year and issued 3,900 shares of $100 par value preferred stock. The preferred stock has a dividend of $9 per share. There were no transactions in either common or preferred stock during the year. Determine the basic earnings per share for Junkyard Arts for the year. Round answer to two decimal places.$fill in the blank 1per share

Presented below is information related to a company at the beginning of the year: Common Stock, $10 par                                          $6,700 Retained Earnings                                                      4,700   During the year, 10 shares were reacquired at $11 per share. How much is the total stockholders' equity after the treasury stock transaction, assuming the company accounts for treasury stock under the cost method?

At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ? issue price $9 per share. Shares held as treasury stock, 11,600 shares, cost $7 per share.. Net income for the current year, $410,720. Common Stock account, $144,000. Dividends declared and paid during the current year, $2 per share. Retained Earnings balance, beginning of year, $740,000. Required: Complete the following: (Round "Earnings per share" to 2 decimal places.) 1-a. Shares issued 1-b. Shares outstanding 2. The balance in Additional Paid-in Capital would be 3. Earnings per share is 4. Total dividends paid on common stock during the current year is 5. Treasury stock should be reported in the stockholders' equity section of the balance sheet in the amount of 6. Assume that the board of directors voted a 2-for-1 stock split. After the stock split, the par value per share…

The following data were reported in the shareholders' equity section of the Bubba Industries' comparative balance sheets for the years ended December 31 ($ in millions): 2020 2019 Common stock, $1 par per share Paid-in capital-excess of par Retained earnings $306 $300 174 150 314 300 During 2020, Bubba declared and paid cash dividends of $45 million. The company also issued a stock dividend. No other changes occurred in shares outstanding during 2020. What was Bubba's net income for 2020? $99 million O $24 million O $69 million $75 million

Markus Company’s common stock sold for $1.75 per share at the end of this year. The company paid a common stock dividend of $0.42 per share this year. It also provided the following data excerpts from this year’s financial statements:        Ending Balance Beginning Balance Cash $ 27,000 $ 43,800 Accounts receivable $ 48,000 $ 41,300 Inventory $ 45,100 $ 48,000 Current assets $ 120,100 $ 133,100 Total assets $ 312,000 $ 263,800 Current liabilities $ 49,500 $ 34,500 Total liabilities $ 82,000 $ 73,800 Common stock, $1 par value $ 105,000 $ 105,000 Total stockholders’ equity $ 230,000 $ 190,000 Total liabilities and stockholders’ equity $ 312,000 $ 263,800   This Year Sales (all on account) $ 580,000 Cost of goods sold $ 336,400 Gross margin $ 243,600 Net operating income $ 49,500 Interest expense $ 3,000 Net income $ 32,550   6. What is the book value per share at the end of this year?

In 2021 the first year of business, Banton Company had the following transactions:             •         Issued 30,000 shares of common stock.  Stock had par value of $1.00 per share and was issued at $14.00 per share.           •         Issued 1,000 shares of $100 par value preferred stock.  Shares were issued at par.           •         Earned net income of $35,000.           •         Paid no dividends.   At the end of 2021, what is the total amount of Paid-in capital? Question 10Answer a. $520,000 b. $420,000 c. $380,000 d. $415,000

At the beginning of the year (January 1), Wild Horses Drilling has $12,000 of common stock outstanding and retained earnings of $6,800. During the year, Wild Horses reports net income of $7,100 and pays dividends of $1,800. In addition, Wild Horses issues additional common stock for $6,600. Required: Prepare the statement of stockholders' equity at the end of the year (December 31). Beginning balance Issuance of common stock Add: Net income Less: Dividends Ending balance WILD HORSES DRILLING Statement of Stockholders' Equity For the Year Ended December 31 Common Stock Retained Earnings Total Stockholders' Equity $ 0 $ 0 $ 0 C

Hickory Inc. experienced the following stockholders' equity transactions (listed in chronological order) during it's first year of operations. Based on these transactions, calculate the balances that would appear in the stockholders' equity accounts listed below.   Formatting: Please round to the nearest dollar and do not use dollar signs (i.e. enter '1,000' rather than '$1,000'). All numbers should be positive.                   Common Stock, 100,000 shares of $1 par value common stock authorized         Preferred Stock, 50,000 shares of $10 par value preferred stock authorized         1 Issued 5,000 common shares at $30 per share       2 Exchanged 4,000 preferred shares for a piece of equipment with a fair value of $49,000.   3 Issued 2,500 common shares at $25 per share       4 Purchased 500 of own common shares on the open market at $24 per share   5 Declared a 30% common stock dividend. Common stock was trading at $23 per share on the date of declaration.…