Oriole Corporation's balance sheet as of December 31, 2018 showed the following: 7% Preferred Stock, $20 Par
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Question:
Oriole Corporation's balance sheet as of December 31, 2018 showed the following:
7% Preferred Stock, $20 Par Value, Cumulative, 15,100 Shares | |
authorized; 10100 shares issued | $ 202000 |
Common Stock, $10 Par Value, 940,000 Shares Authorized; | |
915,000 shares issued, 900,000 shares outstanding | 9150000 |
Paid-in capital in excess of par: preferred stock | 30000 |
Paid-in capital in excess of par: common shares | 11520000 |
Retained earnings | 3720000 |
Treasury stock (14,900 shares) | 312900 |
What is the Oriole's total paid-up capital ?
Swifty Corporation's balance sheet as of December 31, 2018 showed the following:
7% Preferred Stock, $20 Par Value, Cumulative, 9,000 Shares | |
authorized; 6,500 shares issued | $ 130000 |
Common Stock, $10 Par Value, 1,000,000 Shares Authorized; | |
975,000 shares issued, 960,000 shares outstanding | 9750000 |
Paid-in capital in excess of par―preferred stock | 30000 |
Paid-in capital in excess of par: common shares | 13660000 |
Retained earnings | 3740000 |
Treasury stock (14600 shares) | 315000 |
Swifty declared and paid a cash dividend of $59,000 on December 15, 2018. If the company's dividend arrears prior to that date were $10,900,
How much Swifty's common stockholders will received?
At Swifty Corporation, cash receipts from customers were $135,100, cash payments for operating expenses were $101,700, and one-third of the company's $8,400 in income taxes were paid during the year.
How much is the net cash provided by operating activities?
Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
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