Documente Academic
Documente Profesional
Documente Cultură
$
$
$
87.50
35%
250.00
162.50
$
$
$
$
$
2,228.00
2,228.00
$
$
$
$
Repurchase of C.S. (809.60)
Cash dividend $
Net income
OCI
Ending Balance
$
loss from stock options (162.50)
loss from conversion $
$
loss from repurchase (202.40)
unrealized holding gain on investment $
$
$
$
(2,177.00)
$
$
$
$
$
$
46.00
387.50
672.00
18.00
2,177.00
5,343.00
3,166.00
1,482.00
1,092.00
390.00
136.50
253.50
Problem 2.
Common Shareholders' Equity Beginning Balance
7,470.00
$
$
$
$
$
365.00
1,050.00
883.00
(360.00)
(265.00)
Net income
loss from stock options
loss from conversion
loss from repurchase
unrealized holding gain on investment
cash dividend to preferred shareholders
$ 1,350.00
$
(133.00)*
$
(350.00)
$
(90.00)
$
90.00
$
(170.00)
$ 9,840.00
Ending Balance
9840 = 11525-1820+135
*after-tax loss to S/H
Tax benefit
Tax rate
Total loss
Net loss (after-tax loss)
$
57.00
30%
$
190.00
$
133.00
=8750-1400+120
1,673.00
697.00
=7470+1673+697