The company with the common equity accounts shown here has declared a 10 percent stock dividend...

The company with the common equity accounts shown here has declared a 10 percent stock dividend when the market value of its stock is $38 per share.


Common stock ($1 par value)	$	440,000
Capital surplus		857,000
Retained earnings		3,830,800

Total owners' equity	$	5,127,800

What would be the number of shares outstanding, after the distribution of the stock dividend? (Do not round intermediate calculations.)

New shares outstanding

What would the equity accounts be after the stock dividend? (Do not round intermediate calculations.)


Common stock	$
Capital surplus
Retained earnings

Total owners' equity	$

Expert Solution

jeff jeffy answered 2 years ago

The company with the common equity accounts shown here has declared a 11 percent stock dividend...

The company with the common equity accounts shown here has declared a 11 percent stock dividend at a time when the market value of its stock is $42 per share. Common stock ($1 par value) $ 510,000 Capital surplus 1,559,000 Retained earnings 3,886,000 Total owners’ equity $ 5,955,000 Show the new equity account balances after the stock dividend distribution. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Common stock $ Capital surplus...

The company with the common equity accounts shown here has declared a stock dividend of 20...

The company with the common equity accounts shown here has declared a stock dividend of 20 percent at a time when the market value of its stock is $30 per share. Common stock ($1 par value) $ 460,000 Capital surplus 861,000 Retained earnings 3,870,800 Total owners' equity $ 5,191,800 What would be the number of shares outstanding, after the distribution of the stock dividend? (Do not round intermediate calculations.) New shares outstanding What would the equity accounts be...

The company with the common equity accounts shown here has declared a stock dividend of 15...

The company with the common equity accounts shown here has declared a stock dividend of 15 percent at a time when the market value of its stock is $41 per share. Common stock ($1 par value) $ 395,000 Capital surplus 848,000 Retained earnings 3,740,800 Total owners' equity $ 4,983,800 What would be the number of shares outstanding, after the distribution of the stock dividend? (Do not round intermediate calculations.) New shares outstanding {C} {C}{C} What would the equity...

#2) The company with the common equity accounts shown here has declared a 13 percent stock...

#2) The company with the common equity accounts shown here has declared a 13 percent stock dividend at a time when the market value of its stock is $43 per share. Common stock ($1 par value) $ 470,000 Capital surplus 1,555,000 Retained earnings 3,878,000 ________________________________________ ________________________________________ Total owners’ equity $ 5,903,000 ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________ Required: Show the new equity account balances after the stock dividend distribution. Common stock $ Capital surplus Retained earnings ________________________________________ Total owners’ equity $ ________________________________________________________________________________ ________________________________________

The company with the common equity accounts shown here has decided on a two-for-one stock split....

The company with the common equity accounts shown here has decided on a two-for-one stock split. The firm’s 37-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 15 percent over last year’s dividend on the presplit stock. Common stock ($1 par value) $ 470,000 Capital surplus 1,555,000 Retained earnings 3,878,000 Total owners’ equity $ 5,903,000 a. What is the new par value of the stock? (Do not round intermediate calculations and round your answer to 2 decimal...

The company with the common equity accounts shown here hasdecided on a two-for-one stock split....

The company with the common equity accounts shown here has decided on a two-for-one stock split. The firm’s 67-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 10 percent over last year’s dividend on the presplit stock.Common stock ($1 par value) $ 225,000Capital surplus 1,070,000Retained earnings 2,543,000Total owners’ equity $ 3,838,000a. What is the new par value of the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)b. What was...

The owner's equity accounts for XYZ company are shown here: Common stock ($1 per value) $50,000...

The owner's equity accounts for XYZ company are shown here: Common stock ($1 per value) $50,000 Capital surplus 345,000 Retained earnings 750,000 Total owner’s equity $1,145,000 If XYZ stock currently sells for $25 per share and a 15% stock dividend is declared, what is the amount of the retained earnings on the equity accounts after stock dividend. Group of answer choices $308,900 $525,000 $562,500 $582,500 None of above is correct.

The owners’ equity accounts for Vidi International are shown here: Common stock ($.50 par value) $...

The owners’ equity accounts for Vidi International are shown here: Common stock ($.50 par value) $ 35,000 Capital surplus 320,000 Retained earnings 708,120 Total owners’ equity $ 1,063,120 a-1 If the company's stock currently sells for $20 per share and a 15 percent stock dividend is declared, how many new shares will be distributed? (Do not round intermediate calculations.) a-2 Show how the equity accounts would change. (Do not round intermediate calculations.) b-1 If instead the company declared a 25...

The owners’ equity accounts for Hexagon International are shown here: Common stock ($.40 par value)...

The owners’ equity accounts for Hexagon International are shown here: Common stock ($.40 par value) $ 32,500 Capital surplus 315,000 Retained earnings 698,120 Total owners’ equity $ 1,045,620 a-1. The company declares a four-for-one stock split. How many shares are outstanding now? (Do not round intermediate calculations.) New shares outstanding a-2. The company declares a four-for-one stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3...

The owners’ equity accounts for Overby International are shown here: Common stock ($1 par value)...

The owners’ equity accounts for Overby International are shown here: Common stock ($1 par value) $ 40,000 Capital surplus 188,000 Retained earnings 620,000 Total owners’ equity $ 848,000 a. Assume the company's stock currently sells for $43 per share and a stock dividend of 15 percent is declared. How many new shares will be distributed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) New shares issued ...

Question