subject
Business, 02.04.2020 23:51 mariam00000w

Roberto Designers was organized on January 1, 2018. The firm was authorized to issue 160,000 shares of $6 par value common stock. During 2018, 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, 500 shares of treasury stock at $11 (part of the 32,000 shares issued at $9). What is total stockholders' equity at the end of 2018?

a. $416,000
b. $457, 500
c. $576,000
d. $489, 500

ansver
Answers: 3

Another question on Business

question
Business, 23.06.2019 06:00
What can be concluded from the data about the reliability and validity of the thermometers
Answers: 2
question
Business, 23.06.2019 07:40
In the short-run, marginal costs are equal to the change in variable costs as output changes. ( mc = change in variable cost / change in quantity) assume that capital is fixed in the short-run. (a) start with the equation for marginal cost and derive an equation that relates marginal cost of production to the cost and productivity of labor. (b) draw a standard looking short-run marginal cost curve and use the equation you derived to explain its shape.
Answers: 2
question
Business, 23.06.2019 14:30
Accounting! will give five star the bixby co. had the following transactions involving the purchase of merchandise. prepare the necessary general journal entries. any applicable freight costs are prepaid by the seller. the perpetual inventory method is in use. june 16 purchased merchandise having a price of 6,000 from the shelby manufacturing co. on account with credit terms 2/10, n/30. transportation terms fob destination. june 16 purchased merchandise having a price of 9,000 from the ajax supply house on account with credit terms 2/10, n/30. transportation terms fob shipping point. the freight costs were 175. june 17 received the goods from shelby june 17 received the goods from ajax june 20 returned for credit merchandise with an invoice price of 800 to ajax june 25 paid shelby the amount owed june 28 paid ajax the amount owed june 30 returned for cash, merchandise with an invoice price of 400 to shelby questions: prepare the necessary general journal entry for june 16, purchased merchandise having a price of 6000 from shelby manufacturing co prepare the necessary general journal entry for june 17, received goods from shelby merchandise inventory 6000 prepare the necessary general journal entry for june 25 prepare the necessary general journal entry for june 28
Answers: 3
question
Business, 23.06.2019 23:30
For effective internal control, employees maintaining the accounts receivable subsidiary ledger should not also approve a. cash disbursements. b. employee overtime wages. c. credit granted to customers. d. write-offs of customer accounts.
Answers: 3
You know the right answer?
Roberto Designers was organized on January 1, 2018. The firm was authorized to issue 160,000 shares...
Questions
question
History, 02.01.2021 21:50
question
Mathematics, 02.01.2021 22:00
question
Business, 02.01.2021 22:00