Tran Company reports the following amounts on its statement…

Tran Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $35,500; net cash used in investing activities was $13,000 and net cash used in financing activities was $16,500. If the beginning cash balance is $6,500, what is the ending cash balance?

Prior to June 30, Promotions Company has never had any treas…

Prior to June 30, Promotions Company has never had any treasury stock transactions. The company repurchased 100 shares of its $1 par common stock on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per share. On August 1, it reissued 30 of the shares at $28 per share. What is the journal entry necessary to record the reissuance of treasury stock on August 1?

Harbor Company has $110,000 of 9% cumulative, preferred stoc…

Harbor Company has $110,000 of 9% cumulative, preferred stock outstanding. Harbor also has $510,000 of common stock outstanding. In the company’s first year of operation, $3,600 cash dividends were paid. During the second year, the company paid cash dividends of $31,000. In the second year, the dividend should be distributed as follows:

The following data has been collected about Howard Company’s…

The following data has been collected about Howard Company’s stockholders’ equity accounts: Common stock $10 par value 20,000 shares authorized, 10,000 shares issued, and 9,000 shares outstanding $ 100,000 Paid-in capital in excess of par value, common stock      50,000 Retained earnings      25,000 Treasury stock      11,500 How much did Howard Company pay per share for its Treasury Stock?