Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. yellow enterprises reported the following ($ in th

Yellow Enterprises reported the following ($ in thousands) as of December 31,2024. All accounts have...

90.2K

Verified Solution

Question

Accounting

Yellow Enterprises reported the following ($ in thousands) as of December 31,2024. All accounts have normal balances.
Deficit (debit balance in retained earnings) $ 1,400
Common stock 2,200
Paid-in capitalshare repurchase 1,600
Treasury stock (at cost)230
Paid-in capitalexcess of par 30,700
During 2025($ in thousands), net income was $9,600; 25% of the treasury stock was resold for $630; cash dividends declared were $780; cash dividends paid were $470.
What ($ in thousands) was shareholders' equity as of December 31,2025?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In a Hardy-Weinberg population with two alleles, A and a, that are in equilibrium, the frequency...

Biology
Q

A plane trapezium is in a plane containing principal axis of a lens It s...

Physics
Q

X W 40 10 Y Write your answer as an integer or as a decimal...

Geometry
Q

2 For what values of k is the series a Absolutely convergent b Conditionally convergent...

Calculus
Q

You deposit # 100 in a savings account that earns 6% annual interest compounded monthly....

Algebra
Q

Solve the equation Check your answer in the original example 4m 6 9 3

Algebra
Q

Bensen Company began operations when it acquired $26,400 cash from the issue of common stock...

Accounting
Q

Sport Box sells a wide varlety of sporting equipment. The following is information on the...

Accounting
Q

Best Buy Co., Inc. is a leading provider of technology products. Customers can shop at...

Accounting
Q

As a settlement for an insurance claim, Craig was offered one of two choices. He...

Finance
Q

Joyce Murphy runs a courier service in downtown Seattle She charges clients $0.40 per mile...

Accounting
Q

What is happening to current U.S. interest rates? How does this affect a firms decisions...

Finance