A company issued 80 shares of $ 100 par value stock for $ 13,000 cash. The total
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Question:
A company issued 80 shares of $ 100 par value stock for $ 13,000 cash. The total amount of paid-in capital in excess of par is: |
$100 | |
$ 800 | |
$ 5,000 | |
$ 8,000 | |
$ 13,000 |
Shamrock Company had net income of $45,000. On January 1, there were 9,500 shares of common stock outstanding. On April 1, the company issued an additional 2,750 shares of common stock. The company declared a $3,300 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company has an earnings per share of: |
$3.61 | ||||||||||||
$3.40 | ||||||||||||
$4.39 | ||||||||||||
$3.89 | ||||||||||||
$4.74
rev: 12_15_2014_QC_CS-1293
|
Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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