Business
Business, 18.07.2019 09:20, hcarcel8287

Suppose that series a shareholders paid in capital of $3 million. what is the minimum amount that the company must realize on liquidation in order for the common shareholders to receive $10 per share. assume that there are 1 million shares of common stock and 1 million shares of preferred stock outstanding.

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Business, 28.09.2019 04:30, pennygillbert
The partnership of winn, xie, yang, and zed has the following balance sheet: cash $ 50,000 liabilities $ 60,000 other assets 305,000 winn, capital (50% of profits and losses) 80,000 xie, capital (30%) 105,000 yang, capital (10%) 60,000 zed, capital (10%) 50,000 zed is personally insolvent, and one of his creditors is considering suing the partnership for the $4,000 that is currently owed. the creditor realizes that this litigation could result in partnership liquidation and does not wish to force such an extreme action unless zed is reasonably sure of obtaining at least $4,000 from the liquidation. determine the amount for which the partnership must sell the other assets to ensure that zed receives $4,000 from the liquidation. liquidation expenses are expected to be $35,000. (do not round intermediate calculations.)
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Business, 10.10.2019 01:30, needhelpwithHW10
The following partial information is taken from the comparative balance sheet of levi corporation: shareholders’ equity 12/31/2018 12/31/2017 common stock, $5 par; 32 million shares authorized; 27 million shares issued and 21 million shares outstanding at 12/31/2018; and shares issued and outstanding at 12/31/2017. $ 135 million $ 105 million additional paid-in capital on common stock 519 million 391 million retained earnings 196 million 156 million treasury common stock, at cost, 6 million shares at 12/31/2018 and 4 million shares at 12/31/2017 (71 million) (49 million) total shareholders’ equity $ 779 million $ 603 million how many of levi's common shares were outstanding on 12/31/2017? multiple choice 26 million. 21 million. 17 million.
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Business, 22.10.2019 21:50, tannerbc16
The shareholders’ equity section of the balance sheet of tnl systems inc. included the following accounts at december 31, 2017: shareholders' equity ($ in millions) common stock, 320 million shares at $1 par $ 320 paid-in capital—excess of par 1,920 paid-in capital—share repurchase 1 retained earnings 2,200 required: 1. during 2018, tnl systems reacquired shares of its common stock and later sold shares in two separate transactions. prepare the entries for both the purchase and subsequent resale of the shares assuming the shares are (a) retired and (b) viewed as treasury stock. on february 5, 2018, tnl systems purchased 6 million shares at $10 per share. on july 9, 2018, the corporation sold 2 million shares at $12 per share. on november 14, 2020, the corporation sold 2 million shares at $7 per share. 2. prepare the shareholders’ equity section of tnl systems’ balance sheet at december 31, 2020, comparing the two approaches. assume all net income earned in 2018–2020 was distributed to shareholders as cash dividends.
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Business, 25.10.2019 17:43, xxleeciexx
When the 2018 year began, senatobia furniture’s shareholders’ equity included the following: - ($ in millions) 6 million shares of $1 par common stock $ 6 paid-in capital – excess of par 114 1 million shares of $100 par, 9% cumulative, non-participating preferred stock 100 retained earnings $ 140 the company earned $48 million during 2018. at the end of the year, the board of directors declared and paid the contracted amount of preferred dividends as well as $3 per share to common shareholders. no dividends had been declared or paid during 2017. on january 5, the company distributed a 3 for 2 common stock split effected in the form of a stock dividend. what is the balance in retained earnings to be reported on the 2018 balance sheet?
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