represents the total market value of the estimated 3,776 publicly traded stocks. Dow Jones Industrial Average NASDAQ Composite Index Wilshire 5000 Index New York Stock Exchange Composite

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 61 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 $3,350,500    $2,822,200    Net income 748,800   578,100   Dividends:           On preferred stock (9,800)   (9,800)     On common stock (40,000)   (40,000)   Retained earnings, December 31 $4,049,500    $3,350,500    Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1       20Y2     20Y1 Sales $4,270,500   $3,934,620   Cost of merchandise sold 1,608,920   1,480,210   Gross profit $2,661,580   $2,454,410   Selling expenses $844,790   $1,058,190   Administrative expenses 719,640   621,470   Total operating expenses $1,564,430   $1,679,660   Income from operations $1,097,150   $774,750   Other revenue and…

[The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) (S and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings 5,800 28,000 1,028,600 1,062,400 286,000 (360,000) $ 988,400 Treasury stock, 12,000 common shares Total stockholders equity Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Problem 10-4A Part 4 4. If retained earnings at the beginning of the period was $248 million and $28 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in million (i.., 5,000,000 should be entered as 5).) Net income million

A recent stockholders' equity section of Aluminum Company of America (Alcoa) showed the following (in alphabetical order): additional paid-in capital $6,101, common stock $925, preferred stock $56, retained earnings $7,428, and treasury stock $2,828. (All dollar data are in millions.) The preferred stock has 557,740 shares authorized, with a par value of $100 and an annual $3.75 per share cumulative dividend preference. At December 31 of the current year, 557,649 shares of preferred are issued and 546,024 shares are outstanding. There are 1.8 billion shares of $1 par value common stock authorized, of which 924.6 million are issued and 844.8 million are outstanding at December 31. (a) Prepare the stockholders' equity section of the current year, including disclosure of all relevant data. (Enter amounts in millions. Enter the account name only and do not provide the descriptive information provided in the question.) ALUMINUM COMPANY OF AMERICA Balance Sheet (Partial)