The following table presents the long-term liabilities and stockholders’ equity of information control corp. one year ago:

long-term debt $ 66,900,000
preferred stock 4,190,000
common stock ($1 par value) 16,900,000
capital surplus 46,900,000
accumulated retained earnings 136,900,000

during the past year, the company issued 11.9 million shares of new stock at a total price of $61.8 million, and issued $36.9 million in new long-term debt. the company generated $12.8 million in net income and paid $3.9 million in dividends.

prepare the current balance sheet reflecting the changes that occurred at the company during the year.(do not round intermediate calculations. enter your answers in dollars, not millions of dollars, e. g., 1,234,567.)

See explanation.

Explanation:

We can compute the new balances as below,

Long term debt = (66.9 + 36.9) = $103,800,000

Preferred stock (unchanged) = $4,190,000

Common Stock = (16.9+11.9) = $28,800,000

Capital Surplus = (46.9 + (61.8-11.9)) = $96,800,000

Accumulated Retained earnings = (136.9+12.8-3.9) = $145,800,000

Capital surplus is computed by subtracting share par value of 11.9 million from total price of share issue.

Accumulated retained earnings are calculated by subtracting the dividends and adding current net income.

Hope that helps.

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are: