Assume that the stockholders' equity section on the balance sheet of Dillard's, a popular department store, is shown below. During the year, the company reported net income of $463,909,000 and declared and paid dividends of $10,002,000. Stockholders' Equity: Common stock, Class A-118,529,925 and 117,706,523 shares issued; ? and ? shares outstanding Common stock, Class B (convertible)-4,010,929 shares issued and outstanding Additional paid-in capital Retained earnings Less treasury stock, at cost, Class A-73,099,319 and 61,740,439 shares Current Year $ 118,530 40,000 828,796,000 3,107,344,000 (1,846,312,000) Last Year $ 117,707 40,000 805,422,000 (1,355,526,000) Required: 1. What is the par value of Dillard's Class A common stock? 2. How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? 3. What amount was reported in the Retained Earnings account at the end of last year? ?

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1        20Y2      20Y1 Retained earnings, January 1 $3,112,575    $2,638,225    Net income 700,800   540,300   Dividends:           On preferred stock (11,200)   (11,200)     On common stock (54,750)   (54,750)   Retained earnings, December 31 $3,747,425    $3,112,575    Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1       20Y2     20Y1 Sales $3,863,160   $3,559,340   Cost of merchandise sold 1,516,210   1,394,910   Gross profit $2,346,950   $2,164,430   Selling expenses $731,580   $918,970   Administrative expenses 623,190   539,710   Total operating expenses $1,354,770   $1,458,680   Income from operations $992,180   $705,750   Other revenue and expense:…

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1        20Y2      20Y1 Retained earnings, January 1 $3,112,575    $2,638,225    Net income 700,800   540,300   Dividends:           On preferred stock (11,200)   (11,200)     On common stock (54,750)   (54,750)   Retained earnings, December 31 $3,747,425    $3,112,575    Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1       20Y2     20Y1 Sales $3,863,160   $3,559,340   Cost of merchandise sold 1,516,210   1,394,910   Gross profit $2,346,950   $2,164,430   Selling expenses $731,580   $918,970   Administrative expenses 623,190   539,710   Total operating expenses $1,354,770   $1,458,680   Income from operations $992,180   $705,750   Other revenue and expense:…

Blossom Company has these accounts at December 31: Common Stock, $9 par, 4,800 shares issued, $43,200; Paid-in Capital in Excess of Par $34,900; Retained Earnings $47,000; and Treasury Stock, 500 shares, $11,500. Prepare the stockholders' equity section of the balance sheet. (Enter the account name only and do not provide the descriptive information provided in the question.) Blossom Company Balance Sheet (Partial) December 31 $ $

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1        20Y2      20Y1 Retained earnings, January 1 $3,112,575    $2,638,225    Net income 700,800   540,300   Dividends:           On preferred stock (11,200)   (11,200)     On common stock (54,750)   (54,750)   Retained earnings, December 31 $3,747,425    $3,112,575    Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1       20Y2     20Y1 Sales $3,863,160   $3,559,340   Cost of merchandise sold 1,516,210   1,394,910   Gross profit $2,346,950   $2,164,430   Selling expenses $731,580   $918,970   Administrative expenses 623,190   539,710   Total operating expenses $1,354,770   $1,458,680   Income from operations $992,180   $705,750   Other revenue and expense:…

Los Altos, Inc., disclosed the following information in a recent annual report:   Year 1 Year 2 Net income $73,500 $123,750 Preferred stock dividends 6,300 6,750 Average common stockholders’ equity 2,700,000 3,150,000 Dividend per common share 2.70 2.52 Earnings per share 3.99 4.61 Market price per common share, year-end 41.00 47.30 Calculate the return on common stockholders’ equity for Los Altos, Inc. for both years.Round to two decimals.   Year 1 Year 2 Return on Common Stockholders' Equity Answer Answer Did the return improve from Year 1 to Year 2? Answer

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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1        20Y2      20Y1 Retained earnings, January 1 $3,112,575    $2,638,225    Net income 700,800   540,300   Dividends:           On preferred stock (11,200)   (11,200)     On common stock (54,750)   (54,750)   Retained earnings, December 31 $3,747,425    $3,112,575    Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1       20Y2     20Y1 Sales $3,863,160   $3,559,340   Cost of merchandise sold 1,516,210   1,394,910   Gross profit $2,346,950   $2,164,430   Selling expenses $731,580   $918,970   Administrative expenses 623,190   539,710   Total operating expenses $1,354,770   $1,458,680   Income from operations $992,180   $705,750   Other revenue and expense:…

Looking for the Less: Cash dividends declared to find the Retained earnings.. Attached the journal entries as well.

The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common Stock, $15 par $706,500 Paid-In Capital from Sale of Treasury Stock 29,000 Paid-In Capital in Excess of Par-Common Stock 18,840 Retained Earnings 1,109,000 Treasury Stock 14,630 Prepare the Stockholders' Equity section of the balance sheet as of June 30 using Method 1 of Exhibit 8. Eighty thousand shares of common stock are authorized, and 770 shares have been reacquired. Goodale Properties Inc. Stockholders' Equity June 30, 20хх Paid-In Capital: Total Paid-In Capital $4 Total Total Stockholders' Equity