supporting calculation OBJ.4 The provided Comprehensive Problem 4 Selected transactions completed by Equinox Products Inc. during the fiscal year…

I need some help walking step by step through these problems.

  • Attachment 1
  • Attachment 2
  • Attachment 3
  • Attachment 4
  • Attachment 5
  • Attachment 6

supporting calculationOBJ. 3. 3.4TheprovidedComprehensive Problem 4Selected transactions completed by Equinox Products Inc. during the fiscal year endedDecember 31, 2014, were as followsa. Issued 15,000 shares of $20 par common stock at $30, receiving cash.31, 2014b. Issued 4,000 shares of $80 par preferred 5% stock at $100, receiving cash.156,000c. Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually.108,000d. Declared a quarterly dividend of $0.50 per share on common stock and $1.00 per91,200share on preferred stock. On the date of record, 100,000 shares of common stock8.776were outstanding, no treasury shares were held, and 20,000 shares of preferred stock99,976were outstanding69,200e. Paid the cash dividends declared in (d).05.000f. Purchased 7,500 shares of Solstice Corp. at $40 per share, plus a $150 brokerage com-38,176mission. The investment is classified as an available-for-sale investment.72:000g. Purchased 8,000 shares of treasury common stock at $33 per share.80,00050 000h. Purchased 40,000 shares of Pinkberry Co. stock directly from the founders for $24 per27.400share. Pinkberry has 125,000 shares issued and outstanding. Equinox Products Inc.8.776treated the investment as an equity method investment.38,176i. Declared a $1.00 quarterly cash dividend per share on preferred stock. On the dateof record, 20,000 shares of preferred stock had been issued.ost andj. Paid the cash dividends to the preferred stockholders.k. Received $27,500 dividend from Pinkberry Co, investment in (h).I. Purchased $90,000 of Dream Inc. 10-year, 5% bonds, directly from the issuing company.at their face amount plus accrued interest of $375. The bonds are classified as a held

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more