- Liquidity Ratios Include The Select Multiple Answers Accounts Receivable Turnover Acid Test Ratio Debt To Assets Rat 1 (10.44 KiB) Viewed 44 times
问题 47 19 Sally Inc. paid $45,000 to buy back 10,000 shares of its $1 par value common stock. This stock was sold later at a selling price of $6 per share. The entry to record the sale includes a credit to Paid-in Capital from Treasury Stock for $15,000. debit to Paid-in Capital from Treasury Stock for $45,000. debit to Retained Earnings for $45,000. O credit to Common Stock for $15,000.
Maria Inc. had 20,000 shares of 4%, $20 par value preferred stock and 15,000 shares of $25 par value common stock outstanding throughout 2020. These data apply to the independent situation below. Assuming that total dividends declared in 2020 were $40,000 and that the preferred stock is cumulative with two years' preferred dividends in arrears, the preferred stockholders should receive 2020 dividends totaling
Maria Inc. had 20,000 shares of 4%, $20 par value preferred stock and 15,000 shares of $25 par value common stock outstanding throughout 2020. These data apply to the independent situation below. Assuming that total dividends declared in 2020 were $45,000 and that the cumulative preferred stock was issued on January 1, 2019, and that $9,000 of preferred dividends were declared and paid in 2019, the common stockholders should receive 2020 dividends totaling
James Corp. had inventory of $660,000 and $540,000 on December 31, 2019, and December 31, 2020, respectively. Cost of goods sold for 2020 was $4,200,000. Average days to sell the inventory is approximately 6.67 54.75 46.9 57.4