subject
Business, 06.10.2019 10:30 angelreji4702

Jamal company began the year with $75,000 in its common stock account and a credit balance in retained earnings of $24,000. during the year, the company earned net income of $35,000 and declared and paid $10,000 of dividends. in addition, the company sold additional common stock amounting to $15,000. based on this information, what is the ending total of stockholders' equity?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:30
If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. there are two approaches to use to account for flotation costs. the first approach is to add the sum of flotation costs for the debt, preferred, and common stock and add them to the initial investment cost. because the investment cost is increased, the project's expected return is reduced so it may not meet the firm's hurdle rate for acceptance of the project. the second approach involves adjusting the cost of common equity as follows: . the difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. quantitative problem: barton industries expects next year's annual dividend, d1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.3%. the firm's current common stock price, p0, is $22.00. if it needs to issue new common stock, the firm will encounter a 6% flotation cost, f. assume that the cost of equity calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%. what is the flotation cost adjustment that must be added to its cost of retaine
Answers: 1
question
Business, 22.06.2019 08:30
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 3
question
Business, 22.06.2019 10:00
Marco works in the marketing department of a luxury fashion brand. he is making a presentation on the success of a recent marketing campaign that included a fashion show. which slide elements can he use to include photographs and footage of the fashion show in his presentation? marco can use the: table images audio option to include photographs and the: flowcharts images video option to include footage of the fashion show.
Answers: 1
question
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
You know the right answer?
Jamal company began the year with $75,000 in its common stock account and a credit balance in retain...
Questions
question
History, 18.04.2021 14:00
question
Mathematics, 18.04.2021 14:00
question
Physics, 18.04.2021 14:00
question
Mathematics, 18.04.2021 14:00
question
Mathematics, 18.04.2021 14:10
Questions on the website: 13722359