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What is the sum of 36 and 12
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How to find Net Income on Stockholder's equity? This a homework question and I did not learn about this in class. We are still figuring out dividends and treasury stock. If someone could help that would be great! Here is the problem: Stockholders' Equity (December 31, 2012) Common stock--$5 par value, 50,000 shares authorized, 41,400 shares issued, 3,000 shares in treasury$ 207,000 Paid-in capital in excess of par value, common stock 179,800 Retained earnings ($50,000 restricted by treasury stock) 440,000 826,800 Less cost of treasury stock (50,000) Total stockholders' equity$ 776,800 The following transactions and events affected its equity during year 2012. Jan.5 Declared a $0.40 per share cash dividend, date of record January 10. Mar.20 Purchased treasury stock for cash. Apr.5 Declared a $0.40 per share cash dividend, date of record April 10. July5 Declared a $0.40 per share cash dividend, date of record July 10. July31 Declared a 20% stock dividend when the stock's market value is $12 per share. Aug.14 Issued the stock dividend that was declared on July 31. Oct.5 Declared a $0.40 per share cash dividend, date of record October 10.
How to find Net Income on Stockholder's equity?
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