Roberto Designers was organized on January 1, 2021 The firm was authorized to issue 160,000 shares...
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Roberto Designers was organized on January 1, 2021 The firm was authorized to issue 160,000 shares of $6 par value common stock During 2021, Roberto had the following transactions relating to stockholders' equity Issued 16.000 shares of common stock at $8 per share. Issued 32.000 shares of common stock at $9 per share Reported a net income of $160,000, Paid dividends of $80.000 Purchased 3.000 shares of treasury stock at $11 (oart of the 32.000 shares issued at $9) What is total stockholders equity at the end of 2021 Multiple Choice $879,000. $1.039.000. $495,000 $463.000 Roberto Designers was organized on January 1, 2021 The firm was authorized to issue 160,000 shares of $6 par value common stock During 2021, Roberto had the following transactions relating to stockholders' equity Issued 16.000 shares of common stock at $8 per share. Issued 32.000 shares of common stock at $9 per share Reported a net income of $160,000, Paid dividends of $80.000 Purchased 3.000 shares of treasury stock at $11 (oart of the 32.000 shares issued at $9) What is total stockholders equity at the end of 2021 Multiple Choice $879,000. $1.039.000. $495,000 $463.000
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Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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