Question: Please answer the following. Please also include formulas if there is any. 1. How do the following transactions affect contributed capital, retained earnings and total

Please answer the following. Please also include formulas if there is any.

1. How do the following transactions affect contributed capital, retained earnings and total shareholders' equity (answer: +, - or none)

	Contributed capital	Retained Earnings	SHE
1. Issue common stock for cash
2. Issue preferred stock for land
3. Announce stock dividend
4. Announce stock split
5. Announce cash dividend
6. Repurchase stock
7. Recognize unrealized gain on marketable securities
8. Recognize a loss on sale of equipment

2. Please answer the following. Please also include formulas if there is any.

3. 1. How do the following transactions affect contributed capital, retained earnings and

a. How much additional common stock did Coca-Cola issue during the first quarter of 2016?

b. Assume that Coca-Cola issued 400,000 shares during the first quarter at $45. How should this transaction be recorded (journal entry)?

c. Assume that during the first quarter, Coca-Cola purchased approximately 22 million shares on the open market at an average price of $43.45 per share.

How should this transaction be recorded?

Formulating a Statement of Stockholders' Equity from Raw Data Winnebago Industries Inc. reports the following selected information in its 2016 Form 10-K (S thousands) August 29. 2015 . (420,610) 585,941 Accumulated other comprehensive income, August 29, 2015......... 2274) During fiscal year 2016, Winnebago reported the following. 2. Repurchase of stock ....1.157 3. Net income 45.496 4. Cash dividends .. . . 10,891 5. Other comprehensive income (loss 13,249 Required Use this information to prepare the statement of stockholders'equity for Winnebago's fiscal year ended August 27, 2016

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Refer to the Racquetball Racket case. Review the problem statement and influence chart that were generated for this case in conjunction with the corresponding exercises in Chapter 2. (If this has not...

Congo Corp has the following capital structure at the beginning of this year Preferred shiss 5250 no par velon cumulative 6,000 shares issued and outstanding Common shares, no par value 00.000 shares...

Pamela Albright is the manager of the audit of Stanton Enterprises, a public company that manufactures formed steel subassemblies for other manufacturers. Albright is planning the 2018 audit and is...

?B. Based on the statement prepare, explain to the CEO why cash decreased during a profitable year. 8 nel cash tlow from operations 22 Prepare a statement of cash flows LO2, 3, 4, 5, 6,7 The...

Lebel Corporation has the following capital structure at the beginning of the year. $ 300,000 Preferred shares, $3, no par value, 20,000 shares authorized, 6,000 shares issued and outstanding Common...

Lebel Corporation has the following capital structure at the beginning of the year $ 300,000 Preferred shares, $3, no par value, 20,000 shares authorized, 6,000 shares issued and outstanding Common...

Question 1: Constitution Corp. has the following capital structure at the beginning of this year: Preferred shares, $ 3, no par value, cumulative, 20,000 shares authorized, 6,000 shares issued and...

LD Motors Corporation's balance sheet reported the following information at December 31, 2019 (Click the icon to view the balance sheet.) Assuming there are two years' dividends in arrears (including...

there may be more tables than needed just was not sure which ones will be needed for wuestions 1-5 Comprehensive Problem Use Extreme Edge's 2013 balance sheet from Exhibit 2-1C as the starting point...

Fifty percent of the customers who go to Sears Auto Center for tires buy four tires and 30% buy two tires. Moreover, 18% buy fewer than two tires, with 5% buying none. a. What is the probability that...

Which of the public choice methods might be used to achieve an efficient allocation of resources in this situation?

How does a solar easement transfer when a property is sold in Nevada? It is attached to the land and transfers with it .

cultural empathy: sensitivity to other cultures and a non-judgmental understanding of other cultures is probably essential;

diplomatic skills: an ability to deal with others, negotiate and to represent the parent company on foreign assignment; this may even involve interaction with politicians and government officials in...

adaptability and flexibility: this includes the ability to integrate with other people and other cultures and different types of business operations; being adaptable to change; having the ability to...