Quiz 5-Answers (Over Ch 7)

Please answer question 3

Please answer question 3 as accurate as possible this is my third time submitting this question

S1 A subscriptions receivable that are collectible within one year is part of shareholders equity. S2 Par value equity shares should not be issued for a consideration below P5.00 per share. a. Both statements are true b. Both statements are false c. One statement is true, and the other one is false

onu3 uld tnc gi UWLII Tale III tIme price UI tme stoCK are identical? 7.8 Dividends and Earnings Is it possible for a company to pay dividends when it has a negative net income for the year? Could this happen for longer periods? LO 1 7.9 Corporate Ethics Is it unfair or unethical for corporations to create classes of stock with unequal voting rights? LO 2 7.10 Voting Rights Some companies, such as Google, have created classes of stock with little or no voting rights at all. Why would investors buy such LO 2 stock? 7.11 Stock Valuation Evaluate the foliowing Sernent: Managers should not focus on the current stock value becauc doiug so will lead to an overemphasis on short-term profits at the expense of long-term profits. 7.12 Constant Dividend Growth Model In the constant dividend growth model, what is the highest reasonable growth rate for a stock's dividend? LO 2 LO 1 7.13 Voting Rights In the chapter, we mentioned that many companies have been under pressure to declassify their…

Hi expart give answer the accounting question not use ai

Problem 10-1A (Static) Match terms with their definitions (LO10-1) Select the best term for each definition below. Each term is used only once. Definitions a. The amount invested by stockholders. b. Shares available to sell. c. Shares can be returned to the corporation at a predetermined price. d. The earnings not paid out in dividends. e. Shares actually sold. f. Shares receive priority for future dividends if dividends are not paid in a given year. g. Shares held by investors. h. Shareholders can lose no more than the amount they invested in the company. i. Wealthy individuals in the business community willing to risk investment funds on a promising business venture. j. The corporation's own stock that it acquired. Terms

What are the company's earnings per share each year?   Please don't provide answer in image format thank you

All other things equal, what is the effect on earnings per share when a corporation acquires shares of its own stock on the open market? 7 Multiple Choice 0136 Decrease. Increase. No effect if the shares are held as treasury shares. Increase only if the shares are considered to be retired. Next > K Prev 17 of 44

Hi there, could you please check if my answers were correct? Testbank Exercise 136 Indicate the effect of each of the following transactions on total stockholders' equity by placing an "X" in the appropriate column.         Increase   Decrease   No Effect 1.   Treasury stock is resold at more than cost.    X         2.   Operating loss for the period.        X     3.   Retirement of bonds payable at more than book value.        X     4.   Declaration of a stock dividend.        x     5.   Acquisition of machinery for common stock.            X 6.   Conversion of bonds payable into common stock.            X 7.   Not declaring a dividend on cumulative preferred stock.            x 8.   Declaration of cash dividend.        X     9.   Payment of cash dividend.            X

X Your answer is incorrect. The effect of a stock dividend is to O change the composition of stockholders' equity. O decrease total assets and stockholders' equity. O increase the book value per share of common stock. O decrease total assets and total liabilities. eTextbook and Media Assistance Us Save for Later Attempts: 1 of 2 used Submit Answ @ %23 %24 8 4. u e d n m C

F1

Need help with this accounting question

Please do not give solution in image format thanku

Unanswered You Answered Correct Answer Question 16 A company has the following balance sheet (market values): Liabilities + Equity Debt Equity Assets Cash Operating Assets 600 1000 400 1200 If the firm has 270, find the # of outstanding shares remaining after it repurchases 370 worth of shares: (round your answer to the nearest 0.01) 186.75 margin of error +/- 0.2

Hi expert please give me answer general accounting question

Problem 2 The shareholders' equity of Tony Corporation revealed the following on June 30, 2018: Preference share, P100 par vale Preference share premium Ordinary share, P15 par value Ordinary share premium Ordinary share subscribed Retained earnings Notes payable Subscriptions receivable - ordinary P230,000 80,500 525,000 275,000 5,000 190,000 400,000 40,000 28. How much is the legal capital? 29. Using the data in problem #2, how much is the additional paid in capital? 30. Using the data in problem #2, how much is the total shareholders' equity? Problem 3 A corporation declared a 40% share dividend on its 60,000 shares of P20 par ordinary shares on a day when the market price is P50. 31. How much was debited to retained earnings on the date of declaration? 32. Using information in problem #3, what is the peso dividend per ordinary share? 33. Using information if problem #3 and assuming the share capital dividend declared is 4/40, what is the share premium from stock dividends?

Blossom Corporation issued 110,000 shares of $20 par value, cumulative, 8% preferred stock on January 1, 2021, for $2,520,000. In December 2023, Blossom declared its first dividend of $750,000. (a) Your answer is correct. Prepare Blossom's journal entry to record the issuance of the preferred stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit Cash 2520000 Preferred Stock 2200000 Paid-in Capital in Excess of Par-Preferred Stock 320000