The writer is very fast, professional and responded to the review request fast also. Thank you.
1. The financial statements of Home Depot, Inc. appear in Appendix A which is listed at the link below. These statements contain information describing the details of the company’s stockholder’ equity.What is the par value of the company’s common stock? Did the common stock originally sell at, above, or below par value? How do you know this?Appendix A:http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&ved=0CEYQFjAF&url=http%3A%2F%2Fcdn.transtutors.com%2FUploadAssignments%2F215176_2_Group-Homework-week-2.pdf&ei=iSWZUIHLENG20QGFsoDQDA&usg=AFQjCNGkas1xG0YAeX0QgT0IiAmno92gkQ 2. Beta Co. sold 10,000 shares of common stock, which has a par value of $25, for $27 per share. The company also sold 1,000 shares of $100 par value preferred stock for $110. Assume the balance in retained earnings is $100,000. Prepare the stockholders’ equity section of Beta’s balance sheet.
SOLUTION:1) The par value of the company’s stock is $0.05 and the stock orginally sold at a value above the par i.e. at premium. The same can be analysed after evaluating thestockholders’ equity…
Show more
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.
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 moreEach 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 moreThanks 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 moreYour 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 moreBy 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