Table 14-5
Following Is the Shareholders' Equity Section of the Balance

question 27

Short Answer

Table 14-5
Following is the shareholders' equity section of the balance sheet of Bradson Ltd.:
Contributed capital
$\begin{array}{ll}\text {Preferred shares, \( \$2\), noncumulative, 75,000 shares}\\\text {authorized, 10,000 shares issued}&\$ 300,000 \\\text {Common shares, 300,000 shares authorized,50,000}\\\text { shares issued } & \underline{400,000} \\\text { Total contributed capital } & 700,000 \\\text { Retained earnings } & \underline{490,000} \\\text { Total shareholders' equity } &\underline{ \$ 1,190,000}\end{array}$
The preferred shares are currently selling for $34.00 per share and the common shares are currently selling for $12.00 per share.
-Refer to Table 14-5.The balance in the common shares account after the declaration of a 3-for-1 stock split is: __________.

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Definitions:

Death Rates

A rate indicating the frequency of deaths among a distinct cohort, normalized to its population size, during a specific timeframe.

Demographic Transition

A model that describes the transformation of a country's population structure, typically from high birth and death rates to low birth and death rates, as part of economic development.

Birthrates

A statistical figure that represents the number of births per 1,000 people in a population over a specific period of time.

Death Rates

A statistical figure showing the number of deaths per year, often per 1,000 individuals, in a particular population.