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The Franklin-Wyatt partnership presented the following balance sheet at 12/31/11: Assets Liabilities & Owner Equity Cash $ 40,000
Accounts Rec. 55,000
Inventory 43,000
Plant & Equip. 190,000
...

The outstanding stock of Edmunds Company includes (a) 40,000 shares of cumulative preferred stock with a $12 par value and a 7.5% dividend rate/ and (b) 100,000 shares of common stock with a $1 par...

Vallens, Inc. issued 19,000 shares of its common stock for $14,000 cash, $30,000 in inventory, land valued at $20,000, and building valued at $180,000 on February 12th. The land and building were...

Part V If McCumbers Inc. has the following stockholders' equity section of its balance sheet at December 31, 2011: Preferred Stock, 6% $100 par value, 1,000 shares authorized, issued/ and...

If McCumbers Inc. has the following stockholders' equity section of its balance sheet at December 31, 2011:

Preferred Stock/ 6%/ $100 par value, 1,000 shares authorized, issued/ and...

The C.C. Ellis Corporation at October 31st of this year showed the following amounts in its stockholders equity section of its balance sheet:

Common Stock,$6 par value/ 150,000 shares authorized,...

The Moxley Corporation, on March 1st of this year, declared a 15% stock dividend on its common stock distributable on March 23rd to stockholders of record on March 10th. On March 1st, Moxley's common...

I replied to my own question with the more information part. I forgot that it was referencing a previous question. Here it is again


If McCumbers Inc. has the following stockholders' equity...

Also, you might need the previous part to complete this.
If McCumbers Inc. has the following stockholders' equity section of its balance sheet at December 31, 2011:
Preferred Stock,6%,$100 par...

If McCumbers Inc. earned net income of $595,000 for the current year (2012) and preferred dividends of $66,000 during that period. At December 13, 2012 a 2 for 1 common stock split had been executed...