Problem 11-1A Stockholders\' equity transactions and analysis LO C2, P1 Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders’ equity during its first year of operations. Number of outstanding shares - _________ What is the amount of minimum legal capital (based on par value) at year-end? Total paid-in capital- ______________ What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $797,000? BOOK VALUE PER COMMON SHARE Choose numerator Choose denominator = Book value per common share _____________ / _________________ = _________________________ _____________ / __________________ = _________________________ References eBook & Resources WorksheetDifficulty: Hard Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders’ equity during its first year of operations. Solution.

1. Problem 4 4. You are conducting a study on the upcoming Democratic presidential primary, and
want to know what proportion of voting population will cast a vote for Hillary Clinton. You took
a simple random sample 105 voters, and 65 of the voters indicated they would vote for Hillary
Clinton. Let P denotes proportion of Hillary Clinton voters a) what is p AT b)test the null
hypotheses that Pa 5.Versus alternative P .5 at oa .01 significance level. cwhat is the p- value of
the test statistic you calculated in b)? would you reject at the null a .02? would you reject at the
null ou 3.001? d) test the null hypothesis P .5 versus the two sided alternative at o .01
significance level. e) What is the two sided p- value of the test statistic?
Solution
1.
The proportion of people in population that voted for Hilary Clinton
2.
H0:P = P0 VS Ha :P # P0
n(po) = 65(.5) = 32.5 and n(1?po) = 65(5) = 325