The stockholders’ equity section of Velcro World is presented here.
VELCRO WORLD
Balance Sh...
Business, 02.05.2021 02:10 michaelwthms
The stockholders’ equity section of Velcro World is presented here.
VELCRO WORLD
Balance Sheet (partial)
($ and shares in thousands)
Stockholders' equity:
Preferred stock, $1 par value $ 5,800
Common stock, $1 par value 28,000
Additional paid-in capital 1,028,600
Total paid-in capital 1,062,400
Retained earnings 286,000
Treasury stock, 12,000
Common shares (360,000)
Total stockholders' equity $ 988,400
Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands.
1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.)
2. How many shares of common stock have been issued? (Enter you answer in total number of shares, not in thousands.)
3. If the common shares were issued at $30 per share, at what average price per share were the preferred shares issued?
4. If retained earnings at the beginning of the period was $250 million and $30 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in million (i. e., 5,000,000 should be entered as 5).)
5. What was the average cost per share of the treasury stock acquired?
Answers: 1
Business, 22.06.2019 03:00
You are the manager of the packaging department in a cookie factory. (obviously, the packaging employees cannot eat the cookies that are transferred in during the period.) after your employees insert cookies into colorful packages (step 1) for display on store shelves, the packages of cookies are then boxed using cardboard cartons (step 2) for shipment to stores. each unit of product is represented by a carton of packaged cookies. the packaging department began the period with 1,000 units of cookies. during the period, 5,000 units of cookies were transferred in from the baking department and 5,500 units of cookies were transferred out to the finished goods department. the number of units of cookies in the ending inventory of the packaging department equals:
Answers: 1
Business, 23.06.2019 01:30
Which of the following is considered part of a country’s infrastructure?
Answers: 3
Business, 23.06.2019 07:50
One cost-of-living indicator available on the internet shows that a salary of $40,000 in santa barbara, california, is equivalent to $14,000 in wichita, kansas. this is primarily because of housing, which is much less expensive in wichita. what does this difference say about how the federal government calculates poverty?
Answers: 3
Mathematics, 22.01.2021 23:10
Mathematics, 22.01.2021 23:10
Health, 22.01.2021 23:10
History, 22.01.2021 23:10
Mathematics, 22.01.2021 23:10
History, 22.01.2021 23:10
Mathematics, 22.01.2021 23:10
Arts, 22.01.2021 23:10
Mathematics, 22.01.2021 23:10
Mathematics, 22.01.2021 23:10
Mathematics, 22.01.2021 23:10
Mathematics, 22.01.2021 23:10