Question
In: Finance
The owners’ equity accounts for Freya International are shown here: Common stock ($.80 par value) $...
The owners’ equity accounts for Freya International are shown here: Common stock ($.80 par value) $ 25,000 Capital surplus 370,000 Retained earnings 808,120 Total owners’ equity $ 1,203,120 a-1 If Freya stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? (Do not round intermediate calculations.) New shares issued a-2 Show how the equity accounts would change. (Do not round intermediate calculations.) Common stock $ Capital surplus Retained earnings Total owners’ equity $ b-1 If instead Freya declared a 20 percent stock dividend, how many new shares will be distributed? (Do not round intermediate calculations.) New shares issued b-2 Show how the equity accounts would change. (Do not round intermediate calculations.) Common stock $ Capital surplus Retained earnings Total owners’ equity $
Solutions
jeff jeffy answered 2 years agoRelated Solutions
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 $43 per share and
a stock dividend of 15 percent is declared.
How many new shares will be distributed? (Do not round intermediate
calculations and round your answer to the nearest whole number,
e.g., 32.)
New shares issued
...
The owners' equity accounts for Vidi International are shown here: Common stock ($.40 par value)...
The owners'
equity accounts for Vidi International are shown here:
Common stock ($.40 par value)
$
40,000
Capital surplus
350,000
Retained earnings
768,120
Total owners’ equity
$
1,158,120
a-1.
If the company
declares a two-for-one stock split, how many shares are outstanding
now? (Do not round intermediate calculations.)
a-2.
What
is the new par value per share? (Do not round intermediate
calculations and round your answer to 3 decimal places, e.g.,
32.161.)
b-1.
If
the company declares a...
The owners’ equity accounts for Vidi International are shown here: Common stock ($.40 par value)...
The owners’ equity accounts for Vidi International are shown
here:
Common stock ($.40 par value)
$
44,000
Capital surplus
360,000
Retained earnings
788,120
Total owners’ equity
$
1,192,120
a-1
If the company's stock currently sells for $30 per share and a
10 percent stock dividend is declared, how many new shares will be
distributed? (Do not round intermediate
calculations.)
a-2
Show how the equity accounts would change. (Do not
round intermediate calculations.)
b-1
If instead the...
The owners’ equity accounts for Freya International are shown here: Common stock ($.40 par value)...
The owners’ equity accounts for Freya International are shown
here:
Common stock ($.40 par value)
$
44,000
Capital surplus
360,000
Retained earnings
788,120
Total owners’ equity
$
1,192,120
a-1
If Freya stock currently sells for $30 per share and a 10
percent stock dividend is declared, how many new shares will be
distributed? (Do not round intermediate
calculations.)
New shares issued
a-2
Show how the equity accounts would change. (Do not
round intermediate calculations.)
...
The owners’ equity accounts for Hexagon International are shown here: Common stock ($.50 par value)...
The owners’ equity accounts for Hexagon International are shown
here:
Common stock ($.50 par value)
$
42,500
Capital surplus
345,000
Retained earnings
758,120
Total owners’ equity
$
1,145,620
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.)
New shares issued
a-2.
Show the new equity account balances after the stock dividend is
paid....
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)
$
80,000
Capital surplus
200,000
Retained earnings
660,000
Total owners’ equity
$
940,000
a. Assume the company's stock currently sells for
$47 per share and a stock dividend of 8 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
...
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)
$
55,000
Capital
surplus
218,000
Retained
earnings
720,000
Total owners’
equity
$
993,000
a. Assume the company's stock currently sells for
$25 per share and a stock dividend of 8 percent is declared.
How many new shares will be distributed? (Do not round
intermediate calculations and round your answer to the nearest
whole number, e.g., 32.)
New shares issued
...
3. The owners' equity accounts for Vidi International are shown here: Common stock ($.50 par...
3.
The owners'
equity accounts for Vidi International are shown here:
Common stock ($.50 par value)
$
42,500
Capital surplus
355,000
Retained earnings
778,120
Total owners’ equity
$
1,175,620
a-1.
If the company declares a five-for-one stock split, how many
shares are outstanding now? (Do not round intermediate
calculations.)
a-2.
What
is the new par value per share? (Do not round intermediate
calculations and round your answer to 3 decimal places, e.g.,
32.161.)
b-1.
If
the company declares...
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