subject
Business, 05.05.2020 20:44 duplessistoccara

Stockholders' equity of Ziyech Corporation as of January 1, 2020, is as follows: Common stock, $20 par; issued and outstanding 90,000 shares: $1,800,000 Paid-in capital – excess of par: $900,000 Retained earnings: $760,000 Ziyech had not repurchased shares before. During 2020, Ziyech entered into the following transactions: 1. Acquired 2,500 shares of its stock for $75,000. 2. Sold 2,000 treasury shares at $32 per share. 3. Sold the remaining treasury shares at $20 per share. Assuming no other equity transactions occurred during 2020, net income and dividends for the year were $33,000 and $6,000, respectively, what is retained earnings balance on December 31, 2020?

ansver
Answers: 1

Another question on Business

question
Business, 23.06.2019 02:00
Donna and gary are involved in an automobile accident. gary initiates a lawsuit against donna by filing a complaint. if donna files a motion to dismiss, she is asserting that
Answers: 1
question
Business, 23.06.2019 08:30
Blake edwards has done some research and has discovered that economists believe interest rates will rise significantly over the next two years. blake believes that this will lead to fewer homes being sold and fewer jobs in the banking and mortgage industries. this is an example of influencing jobs in the future.
Answers: 1
question
Business, 23.06.2019 18:00
What was the original purpose of copyright law ?
Answers: 2
question
Business, 23.06.2019 23:00
Marketers particularly want their brands and products to be in consumers' sets. select one: a. retrieval b. evoked c. behavioral d. deterministic e. universal
Answers: 1
You know the right answer?
Stockholders' equity of Ziyech Corporation as of January 1, 2020, is as follows: Common stock, $20 p...
Questions
question
Mathematics, 09.10.2019 00:10
question
Biology, 09.10.2019 00:10
question
Mathematics, 09.10.2019 00:10
question
History, 09.10.2019 00:10