Acompany has the following transactions during the year related to stockholders’ equity.
february 1 issues 5,600 shares of no-par common stock for $15 per share.
may 15 issues 400 shares of $10 par value, 10.5% preferred stock for $12 per share.
october 1 declares a cash dividend of $1.05 per share to all stockholders of record (both common and preferred) on october 15.
october 15 date of record.
october 31 pays the cash dividend declared on october 1.
required:
1. record each of these transactions.
Answers: 3
Business, 21.06.2019 18:30, tfhdg
Following is stanley black & decker’s income statement for 2016 (in millions): stanley black & decker, inc. income statement for the year ended december 31, 2016 ($ millions) sales $11,406.9 cost of goods sold 7,139.7 gross profit $ 4,267.2 selling, general and administrative expenses 2,602.0 other operating expenses 268.2 operating income 1,397.0 interest and other nonoperating expenses 171.3 income before income tax 1,225.7 income tax expense 261.2 net income $ 964.5 compute stanley black & decker’s gross profit margin.
Answers: 1
Business, 22.06.2019 22:20, jaylaa04
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
Answers: 1
Acompany has the following transactions during the year related to stockholders’ equity.
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