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Other Fields Homework Help Accounting Topic started by: Tomm on Nov 10, 2017



Title: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: Tomm on Nov 10, 2017
Following is the shareholders' equity section of the balance sheet of the Everslim Corporation:

Share capital:
Common shares, 100,000 shares authorized,
   65,000 shares issued    $650,000
   Total share capital   $650,000
Retained earnings    349,000
   Total shareholders' equity   $999,000

The common shares are currently selling for $15.50 per share.

The number of common shares authorized and issued after the distribution of a 15% common stock dividend is:
A) 115,000 and 74,750
B) 115,000 and 65,000
C) 100,000 and 74,750
D) 100,000 and 65,000


Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: msayed2004 on Nov 10, 2017
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Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: byebyeblue on Sep 9, 2020
thank you


Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: Jody Park on Oct 14, 2020
thank you


Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: Tony Cao on Nov 30, 2020
thank


Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: NymeriaC on Apr 7, 2021
Thank u