 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
The stockholders' equity section of Sosa Corp. appears below as Cec.31, 2012.
6% perferred stock, $50 par value, authorized
100,340 shares, outstanding 90,340 shares $4,517,000 Common stock, $1 par, authorized and issued 10.14 million shares 10,140,000 Additional paid-in capital 20,650,500 Retained earnings $134,682,800 Net income 33,660,300 168,343,100 $203,650,600 Net income for 2012 reflects a total effective rate of 34%. Included in the net income figure is a loss of $12,221,400 (before tax) as a result of a major casualty, which should be classified as an extraordinary item. Preferred stock dividenes of $271,020 wer declared and pain in 2012. Dividends of $1,400,000 were declared and paid to common stockholders in 2012. Compute earnings per share data as it should appear on the income statement of Sosa Corp. |
||||
Check out some similar questions!
On December 31, 2003, the stockholders' equity section of Clark, Inc. was as follows: Common stock, par value $10; authorized 30,000 shares; issued and outstanding 18,000 shares $180,000 Additional paid-in capital ...
I'm having trouble figuring out how to put this on a balance sheet. 1,000 shares of $100 par, 7 % cumulative, non participating preferred stock and 10,000 shares of $5 par common stock.
From the following data determine for the current year the a rate earned on total assets, b. rate earned on stockholders' equity, c. rate earned on common stockholders' equity, d. earnings per share on common stock, e. price-earnings ratio on common stock and f dividend yield on common stock....
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
