Formulating a Statement of Stockholders' Equity from Raw Data Gap, Inc., reports the following selected information at January 30, 2010 ($ millions).Contributed capital, Jan. 30, 2010 $2,990Treasury stock, Jan. 30, 2010 (9,069)Retained earnings, Jan. 30, 2010 10,815Accumulated other comprehensive income, Jan. 30, 2010 155During fiscal year 2011, Gap reported the following:1. Sale of stock $42. Purchase of stock 1,7973. Net income 1,2044. Cash dividends 2525. Other comprehensive income 30Use this information to prepare the statement of stockholders' equity for Gap, Inc., for year ended January 29, 2011.

Respuesta :

Answer:

attached answer

Explanation:

The treasury stock represents a decrease in equity. when we sell some of this stock our equity increase while it decreases when purchased.

Also, the company cash dividend also decrease divdends.

Only the net income and other comprehensive income increase it.

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