Question: Number 8A please. Can i also get explanantion as well? thank you 20142 ment of stockholders' equity for Maxx Company for the year ended December
20142 ment of stockholders' equity for Maxx Company for the year ended December 31, 2016. You deter . mine the following balances: Common stock at December 31, 2015 Retained earnings at December 31, 2015 Net income during 2016.. Dividends during 2016. Issuance of common stock during 2016 $8,000 7,500 4,500 750 600 Required Prepare a statement of stockholders' equity for Maxx Company for 2016. 1-8A) Return on Sales Kuyu Co.'s sales rose 12 percent over prior year sales of $100,000; however, net income increased by only 6 percent over the prior year's net income. If Kuyu's prior year return on sales ratio was 8 percent, what is the current year return on sales ratio? -9A. Free Cash Flow Kat Co. reports the following financial data for the current year: Cash flow from operating activities Cash flow from investing activities.. Cash flow from financing activities. Cash disbursed for capital expenditures. $21,500 (10,555) 4,250 (4,325) Compute Kat's free cash flow. A) Statement of Stockholders' Equity Prag Co. reported the following financial data E4-7A. Statement of Stockholders' Equity You have been asked to assist with the preparation of a state
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
