Diane’s Designs has two classes of stock authorized: 8%, $10 par preferred and $1 par value common. The following transactions affect stockholders’ equity during 2015, its first year of operations:
January 1 Issue 200,000 shares of common stock for $15 per share.
February 6 Issue 1,000 shares of preferred stock for $11 per share.
October 10 Repurchase 10,000 shares of its own common stock for $18 per share.
November 12 Reissue 5,000 shares of treasury stock at $20 per share.
Record each of these transactions.
133. Oregon Outfitters issues 1,000 shares of $1 par value common stock at $20 per share. Later in the year, the company decides to repurchase 200 shares at a cost of $22 per share. (1) Record the original issue of the 1,000 shares, (2) Record the repurchase of 200 shares, and (3) record the entry if Oregon Outfitters reissues the 200 shares of treasury stock at $25 per share.
Ratio analysis is a performance evaluation technique that involves determining and evaluating financial ratios. In this regard, which of the following ratios measures a f...Apr 04 2018
Pro-Forma:Assumption:Debt is the PlugSales Growth:24.00%Tax Rate:43.00%L-T Interest:7.00%COGS/SGA per Sales:60.00%Current Assets per Sales:10.00%Current Liabilities per S...May 24 2018
Elaine Sweeney went to Ragged Mountain Ski Resort in New Hampshire with a friend. Elaine went snow tubing down a run designed exclusively for snow tubers. There were no R...Jul 06 2021
Eagle Corporation began marketing software under the mark "Eagle." Ten years later, Eagle.com, Inc., a different company selling different products, begins to use eagle a...Jul 30 2021
The Horizon Company will invest $92,000 in a temporary project that will generate the following cash inflows for the next three years. Use Appendix B for an approximate a...Apr 03 2020
Write the preferred plural forms of the following nouns in the spaces provided. Use a dictionary if necessary.valley ________Jun 15 2021
Write a brief essay that addresses the following questions. List references and cite sources using proper APA style. Include at least one additional source other than the...Nov 29 2019
probability of a favorable market given a favorable study = 0.82 probability of an unfavorable market given a favorable study == 0.18 probability of a favorable market gi...Apr 19 2020
Nicholals Company manufactures TVs. Some of the company's data was misplaced. Use the following information to replace the lost data. F-Favorable & U-Unfavorable Sale...May 10 2020
The law of diminishing marginal productivity implies that the marginal product of a variable input:Jun 05 2021