Exercises and Problems Week Six Josey Wayne Hudson April 17th, 2016 Danialle Evans

Exercise 11-15 Before After After split

Stockholders equity
Paid in capital
Common stock, 10 par 600k 630k 600k Paid in capital in excess par value 0 12k 0 Total paid in capital 600k 642k 600k Return earnings 900k 858k 900k Total stock holders equity 1,500,000 1,500,000 1,500,000 Outstanding shares 60k 66k 120k

Exercise 12-1

1. Organizations buy interests paying off debtors or stock securities since they have overabundance money, profit from speculation pay, and key reasons.
2. An organization will have abundance money it doesn't requirement for operations due to regular variance in deals. The organization will utilize...