Detroit Inc reported the following ($ in thousands) as of December 31, 2021. All accounts have normal balances.           Deficit (debit balance in retained earnings) $ 2,500   Common stock   3,400   Paid-in capital—share repurchase   1,900   Treasury stock (at cost)   220   Paid-in capital—excess of par   30,300       During 2022 ($ in thousands), net income was $9,100; 25% of the treasury stock was resold for $510; cash dividends declared were $700; cash dividends paid were $450.   What ($ in thousands) was shareholders' equity as of December 31, 2022

po In 2021, Logic Co. reported net income of $3,345,000. It also declared and paid $813,000 in dividends, $368,000 of which was to preferred stockholders. At the beginning of the year, the company reported common stock shares outstanding of 4,158,000. By the end of the year, their common stock shares outstanding had increased to 8,316,000. Based on this information, what will Logic Co. report as EPS for 2021? (AC 16) O $0.20 O $0.48 O $0.41 O $0.36

Pronghorn Inc. began operations in January 2018 and reported the following results for each of its 3 years of operations. 2018 $236,000 net loss At December 31, 2020, Pronghorn Inc. capital accounts were as follows. 2019 $37,000 net loss 7% cumulative preferred stock, par value $100; authorized, issued, and outstanding 4,500 shares Common stock, par value $1.00; authorized 1,000,000 shares; issued and outstanding 774,000 shares Book value per share $ 2020 Book value per share $ $774,000 net income Pronghorn Inc. has never paid a cash or stock dividend. There has been no change in the capital accounts since Pronghorn began operations. The state law permits dividends only from retained earnings. (a) Compute the book value of the common stock at December 31, 2020. (Round answers to 2 decimal places, e.g. $38.50.) $450,000 $774,000 (b) Compute the book value of the common stock at December 31, 2020, assuming that the preferred stock has a liquidating value of $105 per share. (Round answers…

Alpesh