ADVANCED ACCOUNTING-EBOOK ACCESS
14th Edition
ISBN: 9781264157068
Author: Hoyle
Publisher: MCG
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Textbook Question
Chapter 4, Problem 21P
Stockholders’ equity:
a. $80,000
b. $90,000
c. $95,000
d. $130,000
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What is the total stockholders' equity based on the following account
balances?
Common Stock
$450,000
Paid-in Capital in Excess of Par $90,000
Retained Earnings
Treasury Stock
a. $740,000
b. $730,000
c. $720,000
d. $640,000
$190,000
$10,000
need help
What is the return on stockholders equity?
Chapter 4 Solutions
ADVANCED ACCOUNTING-EBOOK ACCESS
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- What is the total stockholders' equity based on the following account balances? Common Stock $375,000 Paid-In Capital in Excess of Par 90,000 Retained Eamings 190,000 15,000 Treasury Stock a. S655,000 b. 8640.000 C. S565 000 d. s670,000arrow_forwardCommon stock,1,000 shares at Tk100 per share Tk.1,00,000Retained earning Tk.50,000Total 1,50,000 Prepare shareholders’ equity statement considering stock split 3 for 1.arrow_forwardPa help po salamatarrow_forward
- A company reports earnings per share on common stock of $2.00 when the market price of per share of common stock is $50.000. What is the company’s price-earnings ratio? Group of answer choices 25.0 5.0 $2.00 2.5arrow_forwardCompute for stockholders' equity using the following information: 5 points Bonds payable Additional paid in capital on common stock Donated capital Treasury stock at cost Common stock, par P1 Common stock option warrants Investments in marketable securities P120,000 20,000 16,000 8,000 200,000 40,000 28,000 6,000 54,000 Additional paid in capital from treasury stock Retained earningsarrow_forwardA company issued 30 shares of $.50 par value common stock for $12,000. The credit to additional paid-in capital would be ________. A. $11,985 B. $12,000 C. $15 D. $10,150arrow_forward
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