Tiger Company's Stockholders' Equity at the Beginning of the Year

question 11

Multiple Choice

Tiger Company's stockholders' equity at the beginning of the year was $175,000.During the year Tiger reported the following:
Net income of $79,000.
Dividend declarations totaling $17,000.
Issued stock to stockholders in exchange for $42,000 cash.
Stockholders sold some of their stock to other stockholders for $11,000 cash.
What is Tiger's stockholders' equity at the end of the year?

• A)$296,000
• B)$279,000
• C)$290,000
• D)$273,000

---

Definitions:

Stereotypes

Oversimplified generalizations about groups of people that may lead to misconceptions and prejudicial attitudes.

Social Organizations

Structured groups or entities that are formed for the purpose of achieving specific goals or meeting certain needs.

Status Cues

Signals or indicators that reveal an individual's social position or status to others in various social contexts.

Status Cues

Signals or indicators that communicate an individual's social standing, rank, or class within a society.