The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow.



Stockholders’ Equity (January 1)

Common stock—$4 par value, 100,000 shares authorized, 35,000 shares issued and outstanding $ 140,000

Paid-in capital in excess of par value, common stock 100,000

Retained earnings 360,000

Total stockholders’ equity $ 600,000



Stockholders’ Equity (December 31)

Common stock—$4 par value, 100,000 shares authorized, 41,000 shares issued, 5,000 shares in treasury $ 164,000

Paid-in capital in excess of par value, common stock 148,000

Retained earnings ($50,000 restricted by treasury stock) 440,000

752,000

Less cost of treasury stock (50,000)

Total stockholders’ equity $ 702,000


The following transactions and events affected its equity during the year.



January 5 Declared a $0.50 per share cash dividend, date of record January 10.

March 20 Purchased treasury stock for cash.

April 5 Declared a $0.50 per share cash dividend, date of record April 10.

July 5 Declared a $0.50 per share cash dividend, date of record July 10.

July 31 Declared a 20% stock dividend when the stock’s market value was $12 per share.

August 14 Issued the stock dividend that was declared on July 31.

October 5 Declared a $0.50 per share cash dividend, date of record October 10.



3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend?

4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.)

5. How much net income did the company earn this year?

Answers

Answer 1

3. The amount of retained earnings transferred to the paid-in capital accounts (capitalized) for the stock dividend is $72,000.

4. The per-share cost of the treasury stock purchased is $10.

5. The net income earned by the Atticus Group this year was $217,500.

How are stock dividends capitalized?

Stock dividends do not affect the cash account, unlike cash dividends.

Instead, the deduction is made from the retained earnings.

When the stock dividends are distributed, they are capitalized to the paid-in capital accounts (common stock and additional paid-in capital).

Transaction Analysis:

January 5 Dividend $17,500 Dividends Payable $17,500 (35,000 x $0.50)

Retained Earnings $17,500 Dividend $17,500

March 20 Treasury Stock $20,000 Paid-in Capital in Excess $30,000 Cash $50,000 ($50,000/5,000)

April 5 Dividend $15,000 Dividends Payable $15,000 (30,000 x $0.50)

Retained Earnings $15,000 Dividend $15,000

July 5 Dividend $15,000 Dividends Payable $15,000 (30,000 x $0.50)

Retained Earnings $15,000 Dividend $15,000

July 31 Stock Dividend $72,000 Dividends Issuable $72,000 (30,000 x 20% x $12)

Retained Earnings $72,000 Stock Dividend $72,000

August 14 Dividends Issuable $72,000 Common Stock $24,000 Paid-in Capital in excess of par value $48,000

October 5 Dividend $18,000 Dividends Payable $18,000 (36,000 x $0.50)

Retained Earnings $18,000 Dividend $18,000

5) Retained earnings

Ending balance  $440,000

Add:

Dividend $17,500

Dividends $15,000

Dividends $15,000

Dividends $72,000

Dividends $18,000 $137,500

Less Beginning balance $360,000

Net income = $217,500

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Related Questions

In ΔQRS, s = 7.9 cm, ∠Q=125° and ∠R=23°. Find the length of q, to the nearest 10th of a centimeter.

Answers

The length of q, to the nearest 10th of a centimeter, is 8.8 cm.

We are given the following;

In ΔQRS, s = 7.9 cm, ∠Q=125° and ∠R=23°.

The third angle can be calculated using the angle sum property:

angle Q + angle R + angle S = 180 degrees

125 degrees + 23 degrees + angle S = 180 degrees

angle S = 180 - (125 + 23) degrees

angle S = 180 - 148 degrees

angle S = 32 degrees

To find the length of q we shall apply the Sine rule.

q / Sin Q = s / Sin S

q / Sin 125 = 7.9 / Sin 32

by cross multiplication we will get;

q = (7.9 x Sin 125) / Sin 32

q = (7.9 x 0.61) / 0.55

q = 8.8 cm (approximately)

So,  the length of q is 8.8 cm.

Thus, the length of q, to the nearest 10th of a centimeter, is 8.8 cm.

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Describe the end behavior of each function using the leading coefficient and degree, and state
the domain and range.
1. f(x) = 3x^4
2.f(x) = -2x^3
3.f(x) = -1/2x^5
4.f(x)=3/4x^6

Answers

Answer:

1. y ⇒ ∞ as x ⇒ ∞ AND y ⇒ ∞ as x ⇒ -∞; Domain:  (-∞, ∞); Range:  [0, ∞)

2. y ⇒ -∞ as x ⇒ ∞ AND y ⇒ ∞ as x ⇒ -∞; Domain:  (-∞, ∞); Range:  (-∞, ∞)

3. y ⇒ -∞ as x ⇒ ∞ AND y ⇒ ∞ as x ⇒ -∞; Domain:  (-∞, ∞); Range:  (-∞, ∞)

4. y ⇒ ∞ as x ⇒ ∞ AND y ⇒ ∞ as x ⇒ -∞; Domain:  (-∞, ∞); Range:  [0, ∞)

Step-by-step explanation:

Rule for end behavior of polynomials:

(a) Positive leading coefficient, even degree:  y ⇒ ∞ as x ⇒ ∞ AND y ⇒ ∞ as x ⇒ -∞

(b) Negative leading coefficient, even degree: y ⇒ -∞ as x ⇒ ∞ AND y ⇒ -∞ as x ⇒ -∞  

(c) Positive leading coefficient, odd degree:  y ⇒ ∞ as x ⇒ ∞ AND y ⇒ -∞ as x ⇒ -∞

(d) Negative leading coefficient, odd degree:  y ⇒ -∞ as x ⇒ ∞ AND y ⇒ ∞ as x ⇒ -∞

Domain and range for a polynomial function with an odd degree will always be all real numbers, whether or not there's a constant or not.

Domain will always be all real numbers for a polynomial function with an even, whether or not there's a constant.

For a polynomial function with an even degree, the range will extend from the y-coordinate of the vertex to ∞, if the leading coefficient is positive

For a polynomial function with an even degree, the range will extend from -∞ to the y-coordinate of the vertex if the leading coefficient is negative.

Yuson must complete 30 hours of community service. She does 2 hours each day. Which linear equation represents the hours Yuson has left after x days?

A. y=-2x+30
B. y=2x+30
C. y=-2x-30
D. y=2x-30

Answers

The linear equation that represents the hours Yuson has left after x days is (A) y = -2x + 30

Given in question,

Hours she should complete = 30 hours

Hours she complete each day = 2 hours

Hours completed in x days = 2x

Hours left after x days = 30 -2x

Hence, the linear equation that represents the hours Yuson has left after x days is y = -2x + 30.

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The Student Council is having an election for its executive board, which consists of 3 positions—president, vice president, and secretary. If there are 11 members on the Student Council, how many different possibilities are there for selecting an executive board?


165
1,331
39,916,800
990

Answers

The different possibilities available for selecting an executive board in Student Council in election is 990 ways

How to find the number of ways of choosing the three offices

In permutation, order matters hence in choosing or making selection specific order should be followed. an instance here is arranging the 3 letters word from ABC. ₃P₃ = 6

ABCACBBACCABBCACBA

The problem is a permutation problem trying to select 3 from 11 where order matters. The order include choosing the president the ramainig position is left 2 for 10. and so on.

This is shown in permutation as follows

₁₁P₃  = 11! / (11 - 3)!

= 11! / 8!

= 990 ways

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HFHFHFHHFHFHFHHHVHFHVHVHHVHVHHV

Answers

So true and relatable

Valentina is trying to decide wether to join her schools swim team. During the summer the team practices 4 days per week. Each of those days, they practice for 3 hours in the morning and practice again in the afternoon. They practice for a total of 20 hours each week

Answers

The equation that can be used to find the length of the afternoon practice is B. 4(h + 3) = 20

What is an equation?

An equation is the statement that illustrates that the variables given. In this case, two or more components are taken into consideration to describe the scenario.

In this case, during the summer the team practices 4 days per week and each of those days, they practice for 3 hours in the morning and practice again in the afternoon.

Let the afternoon practice be h.

Therefore, the equation will be:

4(h + 3) = 20

In conclusion, the correct option is B.

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what is the same value as 8.76

Answers

Answer:

B, C

Step-by-step explanation:

A is incorrect, it should be seventy-six hundredths.

D is incorrect, the place value for the third term is wrong - it should be 0.06.

the commission paid on goods for $4000 is $80. what is the percentage commission?

Answers

Answer:

percentage = 80÷4000=0.02

the ratio of aspens to panderosa pines in a part of a forest is 10 to 16.if there are 12 panderosas pines, how many Aspens are there?

Answers

Answer: 19.2, I think.

Step-by-step explanation: 10*1.2 = 12.

To keep the ratio balanced, you must also do 16*1.2, which is 19.2. Making the ratio 12 : 19.2

At time t = 0, water begins to drip out of a pipe
nto an empty bucket. After 56 minutes, 8 inches
of water are in the bucket. What linear function
n the form y = mx + b represents the amount of
water in inches, w, in the bucket after t minutes?

Answers

Step-by-step explanation:

w = t/7

at the beginning we 0 inches of water.

after 56 minutes we have 8 inches of water.

that is a ratio of 56 minutes / 8 inches = 7/1 = 1 / 1/7.

so, in 1 minute we get 1/7 inch of water.

in 2 minutes 2×1/7 = 2/7.

in 3 minutes 3×1/7 = 3/7.

...

hence the equation.

Answer:

y = t/7

Step-by-step explanation:

Given

Start time t = 0,Start level y = 0,Level of y = 8 in after t = 56 min

Solution

Find the value of m and b in the equation y = mx + b.

The value of b = 0, since there is no level in the bucket initially.

Find the value of m, the slope:

8 = 56m,m = 8/56m = 1/7

So the equation is:

y =  (1/7)t + 0

or

y = t/7

guys please help!! tyyy ​

Answers

what is it based on / the background to it



The wholesale cost of a dining room table at a furniture store is $1,115.80. The
markup for the table is 20%. What is the selling price of the dining room table?

Answers

Answer: $1338.96

Step-by-step explanation:

The wholesale cost means the cost that the store buys the table from the supplier. To find the price that the store sells it, it is a 20% markup.

The orginal price is $1,115.80. What is 20% of $1,115.80?

$1,115.80 * .20 = $223.16

Lets add the original price to the markup.

$1,115.80 + $223.16 = $1338.96


Hope this helps <3

Let P be the set of integers that are multiples of 3 between 1 and 10 and Q be the set of positive integers that are multiples of 4 and are less than 15. Which of the following list of elements does not belong to the union of P and Q?

A. 5

B. 3

C. 6

D. 4

Answers

The union of the sets P and Q does not have the integer 5 since it is neither a multiple of 3 or a multiple of 4.

P is the set of integers between 1 and 10 and multiple of 3.

∴P = {3,6,9}

Q is the set of positive integers less than 15 and multiple of 4.

∴Q = {4,8,12}

Now the union of the sets P and Q is given by :

P∪Q = {3,4,6,8,9,12}

Now the union of the sets does not contain the integer 5.

Any collection of items, including a set of raw materials, the seven days of the week, several car types, etc., can be categorized as a set.

Any set component counts as an element of the set. Curly brackets are used to write a set. A very basic set would resemble something like this:

Q = {4,8,12}.

Therefore the integer 5 does not belong to the union of P and Q .

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William opened two investment accounts. The first​ year, these​ investments, which totaled ​$2600​, yielded ​$175 in simple interest. Part of the money was invested at 7.5​% and the rest at 5​%. How much was invested at each​ rate?

Answers

An amount of $1800 was invested at a rate of 7.5% and $800 was invested at a rate of 5%.

What is the percentage?

The percentage is a ratio that can be expressed as a fraction of 100.

Given that, one part of $2600 was invested at a rate of 7.5% and the other part was invested at a rate of 5%, and the total yield was $175 simple interest.

Let $x was invested at 7.5%, then $(2600-x) was invested at 5%.

Since the yield is $175, it follows,

7.5% of x + 5% of (2600-x) = 175

7.5x/100 + 5(2600-x)/100 = 175

7.5x + 13000 - 5x = 17500

2.5x = 17500-13000

2.5x = 4500

x = 1800

Now, the value of (2600-x) is,

2600-1800

=800

Hence, $1800 was invested at a rate of 7.5% and $800 was invested at a rate of 5%.

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William invested $1800 at 7.5% and $800 at 5% on his both accounts.

What is simple interest?

We know simple interest (SI) is given by SI = (p×r×t)/100, where

p = principle, r = rate in percentage, and t = time in years.

Given, William opened two investment accounts. In the first​ year, these​ investments, which totaled ​$2600​,

Assuming he invested $x at 7.5% on the first account and $(2600 - x) at 5% in the second account and yielded ​$175 in simple interest.

(x×7.5×1)/100 + {(2600 - x)×5×1}/100 = 175.

7.5x/100 + (13000 - 5x)/100 = 175.

7.5x + 13000 - 5x = 17500.

2.5x = 4500.

x = 1800. And (2600 - x) = (2600 - 1800) = 800.

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What is 79 - 75 / 75 * 100 ?

I'm dividing 75 into 79 - 75 then timesing that by 100, I keep getting -21 but that's not right. I need help please

Answers

The required value of the given expression : [tex]\frac{79 - 75 }{ 75 }[/tex] × 100 = 5.3

What is BODMAS rule ?

The Bodmas rule is based on the BODMAS acronym, which stands for Brackets, Order of Powers or Roots, Division, and Multiplication. Subtraction is represented by the letter S, while addition is represented by the letters A and S. According to the BODMAS rule, mathematical expressions with multiple operators must be resolved in the order of BODMAS, starting from the left. As with addition and subtraction, division and multiplication are interchangeable and depend on which comes first in the expression.

Given : [tex]\frac{79 - 75 }{ 75 }[/tex] × 100

on calculating it further

we get :

[tex]\frac{4}{75}[/tex] × 100

0.0533 X 100

=> 5.3

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Evaluate the equation:

6w = 180

W = ____

Answers

Answer:

30

Step-by-step explanation:

Divide each term in 6 w = 180 by 6 and simplify. w = 30

Answer:

w = 30

Step-by-step explanation:

Given equation,

→ 6w = 180

Now the value of w will be,

→ 6w = 180

→ w = 180/6

→ [ w = 30 ]

Hence, the value of w is 30.

I don’t know who it is please helppp

Answers

Triangle C forms a right angle triangle.

Given:

Triangle A : 8 cm , 13 cm , 5 cm

Triangle B : 14 cm , 30 cm , 17 cm

Triangle C : 26 cm , 10 cm , 24 cm

To form a right angled triangle the longest side square is equal to the sum of squares of other sides.

In triangle A :

[tex]13^{2} = 8^{2} +5^{2}[/tex]

169 = 64 + 25

169 ≠ 89.

This is not a right angle triangle.

In triangle B:

[tex]30^{2} =17^{2} +14^{2}[/tex]

900 =  289 + 196

900 ≠ 485

This is not a right angle triangle.

In triangle C:

[tex]26^{2} = 10^{2} +24^{2}[/tex]

676 = 100 + 576

676 = 676

so it is a right angle triangle.

Therefore Triangle C forms a right angle triangle.

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4/3 pi (2)^3 + 1/3 (2)(4)

Answers

The answer to the question is 6.06197211929 you’re welcome

X= Y. Y = 3. Which statement below is true?

Answers

Answer:

X=3

Step-by-step explanation:

I'm not sure what statements below you want me to confirm that X=Y, Y=3

How do i solve this equation -3 ≥ 1/2 + 11

Answers

Answer:

-3≥11.5

Step-by-step explanation:

-3≥1/2+11

-3≥11.5

Find the measure of the exterior angle.

Answers

The measure of the exterior angle is 139 degrees.

What is the measure of the exterior angle?

The sum of the interior angle of a triangle is 180 degree.

The sum of angles on a straight line is 180 degrees.

From the diagram;

Angle 1 = 64 degreesAngle 2 = 75 degreesAngle 3 = ?

First, we determine the third interior angle of the triangle.

Angle 1 + Angle 2 + Angle 3 = 180

64 + 75 + Angle 3 = 180

139 + Angle 3 = 180

Angle 3 = 180 - 139

Angle 3 = 41 degrees

Now, angle 3 and the exterior angle forms a angle on a straight line.

Hence;

Angle 3 + Exterior angle = 180

41 +  Exterior angle = 180

Exterior angle = 180 - 41

Exterior angle = 139 degrees.

Therefore, 139 degrees is the exterior angle.

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Which of the following are characteristics of the graph of the linear parent
function?
Check all that apply.
A. It goes through the origin.
B. It has a slope of 1.
C. It is a parabola.
D. It is a straight line.

Answers

The following are the characteristics of the graph of the linear parent function:

B. It has a slope of 1.

C. It is a parabola.

D. It is a straight line.

Lets explain the meaning of linear parent function

- A linear parent function is the equation y = x or f(x) = x

- A parent function is the simplest equation of a function

- It represented by a straight line passing through the origin point O

- The x-coordinate and the y-coordinate of any points lie on it are equal

- The slope of the line is 1 because the slope is the change of Δy/Δx

and Δy = Δx

The characteristics of the graph of the linear parent  function are

∵ Linear parent function is f(x) = x and f(x) = y

∴ x = y

∵ The slope = Δy/Δx

∵ Δx = Δy because x = y

∴ The slope of it is 1

B. It has a slope of 1

∵ y = 0

∵ If x = 0 then y must = 0

∴ It goes through the origin

C. It goes through the origin

∵ It is a linear function

∵ All linear function represented by a straight line

∴ The graph of the linear parent function is a straight line

D. It is a straight line

Hence we get the right answers.

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Determine whether the series converges or diverges...

Answers

Answer:

Convergence

Step-by-step explanation:

Use the Squeeze Theorem,

I know that

[tex] \frac{k \sin {}^{2} (k) }{1 + k {}^{3} } [/tex]

lies between 0 and 1 so

[tex]0 \leqslant \frac{k \sin {}^{2} (k) }{1 + {k}^{3} } \leqslant \frac{k}{1 + k {}^{3} } [/tex]

The final series behaves like

[tex] \frac{1}{k {}^{2} } [/tex]

Using the p series, since p is 2, the series

[tex] \frac{k}{1 + k {}^{3} } \: converges[/tex]

Since the 0 and k/1+k^3 converges, the series converge.

Convergence

The graph of y = f(x) is graphed below. What is the end behavior of f(x)?

Answers

Answer:

The third option, as x approaches infinity y approaches infinity and as x approaches negative infinity y approaches negative infinity.

Step-by-step explanation:

Brand A has a box of 25 forks for 1.99 and Brand B has a box of 42 totals for 3.89. What is the unit price for each brand and what brand is a better buy based on unit price

Answers

Answer:

Brand A

Step-by-step explanation:

Brand A has a box of 25 forks for 1.99

Take the price per fork

1.99 /25 = .0796

              .08 per fork

Brand B has a box of 42 totals for 3.89

3.89 / 42

.092319048

.09 per fork

a dish contains 2 yellow triangles, 3 yellow squares, and 1 green square two shapes are drawn in a sequence with replacement. what is the probability of drawing a green triangle on a second draw given the first draw was a yellow shape?​

Answers

Answer: I don't know

Step-by-step explanation:

I have no idea

According to a study done by UCB students, the height for Martian adult males is normally distributed with an average of 65 inches and a standard deviation of 2.4 inches. Suppose one Martian adult male is randomly chosen. Let X = height of the individual. Round all answers to 4 decimal places where possible.

Answers

The probability that the person is between 67.1 and 68.3 inches, using the normal distribution, is of:

0.1056 = 10.56%.

Normal Probability Distribution

The z-score of a measure X of a variable that has mean symbolized by [tex]\mu[/tex] and standard deviation symbolized by [tex]\sigma[/tex] is obtained by the rule presented as follows:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The z-score represents how many standard deviations the measure X is above or below the mean of the distribution, depending if the obtained z-score is positive or negative.Using the z-score table, the p-value associated with the calculated z-score is found, and it represents the percentile of the measure X in the distribution.

The mean and the standard deviation for the heights of UCB students are given as follows:

[tex]\mu = 65, \sigma = 2.4[/tex]

The probability that the person is between 67.1 and 68.3 inches is the p-value of Z when X = 68.3 subtracted by the p-value of Z when X = 67.1, hence:

X = 68.3:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

Z = (68.3 - 65)/2.4

Z = 1.38.

Z = 1.38 has a p-value of 0.9162.

X = 67.1:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

Z = (67.1 - 65)/2.4

Z = 0.88.

Z = 0.88 has a p-value of 0.8106.

0.9162 - 0.8106 = 0.1056 = 10.56%.

Missing information

The problem asks for the probability that the person is between 67.1 and 68.3 inches.

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Select the postulate that is illustrated for the real numbers. 3 + 2 = 2 + 3

Answers

Answer: Symmetry Property of Equality

Jimmy is writing a paper for one of his classes. The paper has to be 3,000 words long, and so far he has written 786 words. If he only has 6 more days to write his paper and wants to write the same number of words each day, then how many words must he write per day to finish the paper?

Answers

Jimmy has to write 369 words per day for the next 6 days to finish the paper.

The total number of words in the paper has to be 3000

Jimmy has already written = 786 words.

3000-786 = 2214

So, Jimmy still has to write 2214 words.

He has 6 days to write the paper and he wants to write the same number of words per day.

With this in mind to find out how many words he has to write per day we can divide 2214 by 6.

2214/6 = 369 words

So, Jimmy has to write 369 words per day for the next 6 days to finish the paper.

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In 1/6 of a day Bart read 4/7 of comic book .what rate can he read in a day

Answers

The rate at which Bart read is 24/7 book/day.

Given, Bart read 4/7 of comic book in 1/6 of a day.

We have to find the rate at which he read the book in a day.

Now, Bart read 4/7th of a comic book = 1/6th of a day

4/7 comic book = 1/6 day

1 day = (4 × 6)/7 comic book

1 day = 24/7 comic book

So, the rate at which Bart read is 24/7 book/day.

Hence, the rate at which Bart read is 24/7 book/day.

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The price of a carincluding VAT at 20%is 14400.Work out the originalprice before VAT: there is an inverse relationship between energy of light and wavelength group of answer choices true false please select all of the reasons why broken glassware should not be discarded in regular garbage or recycling containers. g physics in a measurement of the absorption of microwaves by a diatomic gas, you find that the lowest absorption frequency is f0. what is the next lowest absorption frequency Exercise 4Consider the piecewise linear function(-(x + 2)24x-10f(x)=-4x22(a) Complete the table and graph the functionf(x)x(b) State the function's domain and range.Domain:Range:Exercise 4 I need this asap Mitosis can occur in both haploid and diploid cells, but meiosis cannot occur in haploid cells. Why not?. Lee Brown is a 23-year-old college student. Which of these would indicate that he is at greater risk for chronic diseases associated with obesity?BMI of 22BMI of 2741 inch waist38 inch waist41 inch waist a bias in the interest group system that favors the wealthy is a criticism of which theory of government? PLEASE SOMEONE HELP I DONT GET THIS!!!!! 1.Is he a good doctor, or did he get his medical degree overseas?Young people must choose between a career that will help their fellow human beings and one that will earn them a decent living.a. False cause (the argument assumes that the order of events alone shows cause and effect)b. False comparison (the argument assumes that two things being compared are more alike than they really are)c. Either-or (the argument assumes that there are only two sides to a question) Can anyone help me :( how you calculate the area of an L shaped room how much would real gdp increase if the government spent $15 billion instead? please provide the answer to the nearest whole billion. a boat is at anchor outside a harbor. a steady sinusoidal ocean wave makes the boat bob up and down with a period of 4.80 s and an amplitude of 1.00 m . the wave has wavelength 40.5 m . for this wave, what is the frequency? learning is the acquisition of knowledge, skill, attitudes, or understanding as a result of How many three-letter "words" can be made from 4 letters "FGHI" if a. repetition of letters is allowedb. repetition of letters is not allowed Todd was elected mayor of his city last year. Now, he is involved in a scandal because he took bribes from a local businessman. His defense is that his own choices and transactions are his concern, not something the public should care about. What sociological concept makes it the public's concern? A- right B- groupthink C- status set D- role strain Quick! Evaluate (-2 2/5)^2 ! what argument does paine use to illustrate the geographic inconvience of being ruled by great britain 6.04 x 10 to the power of negative 3 as an standard form answer this attachment pls its upside down btw