Question
In: Finance
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 | $ |
Solutions
jeff jeffy answered 1 year agoRelated Solutions
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
...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Your company (US-based organization) is expected to receive 4 million British pounds in nine months. You...
- 4 Neutron interactions within nuclear power systems. a) Explain with quantification the terms ‘thermal’ and ‘fast’...
- Consider the market for minivans. For each of the events listed below: → identify which of...
- A hedge fund manager shorted 800 shares of XYZ stock at $65/share and she plans to...
- . What are common factors across psychotherapies? What psychotherapies are typically used for what disorders
- Select a publicly-traded company (the home depot inc.) and access the company’s most recent annual report...
- The average resistivity of the human body (apart from surface resistance of the skin) is about...
ADVERTISEMENT