Summit apparel has the following accounts at december 31: common stock, $1 par value, 1,400,000 shares issued; paid-in capital, $17.40 million; retained earnings, $10.40 million; and treasury stock, 54,000 shares, $1.188 million.

prepare the stockholders’ equity section of the balance sheet. (amounts to be deducted should be indicated with a minus sign. enter your answers in dollars, not in millions.)

find the additional paid-in capital, treasury stock, retained earnings.

and after additional paid-in capital, there is one more thing missing.

Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:

Which best describes what financial planning skills ultimately enable an individual to do? to prepare for the future to determine lifetime income to determine the cost of living to learn from the past