18. The owners' equity accounts for Buel Industries include common stock of $24,000 with a $1 par value, capital in excess of par value of $287,000, and retained earnings of $408,500. How many shares will be outstanding and what will be the par value per share if the firm declares a reverse stock split of one-for-four? A) 6,000; $1.00 B) 6,000; $4.00 C) 24,000; $.25 D) 96,000; $.25 E) 96,000; $4.00

Q: 14)If Mande Corp issues 7,000 shares of $30 par value common stock for $240,000, the account…

A: Cash received from issue of stock is $240,000.

Q: Assume the issuer incurs $1 million in other expenses to sell 3 million shares at $40 each to an…

A: Number of Shares Issued: 3 millionOffering Price: $40First-day Closing Price: $70

Q: Marcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock split.…

A: A stock split refers splitting or dividing a single stock into multiple stocks. The face value and…

Q: am. 155.

A: Given data before any stock split:Common stock ($.60 par value): $37,500Capital surplus:…

Q: share. The company has announced a dividend of $2.25 per share with an ex-dividend date of February…

A: Ex-dividend value of the stock is the price of the stock after deducting the dividend declared. A…

Q: Damron, Incorporated, has 230,000 shares of stock outstanding. Each share is worth $84, so the…

A: The theoretical price of the stock following the company's decision to issue additional shares at a…

Q: Beca Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash…

A: Shareholder equity helps investors and other companies in analyzing the growth or financial position…

Q: Today, one share of Smith & Wesson Brands Inc (ticker symbol: SWBI) sells for $46.60. SWBI is…

A: Current price of a stock is the present value of the future cash flows from the stock. The dividend…

Q: If Dakota Company issues 1,500 shares of $6 par common stock for $75,000, O Common Stock will be…

A: Journal entry: A journal entry is used to record day-to-day transactions of the business by debiting…

Q: The market value balance sheet for Murray Manufacturing is shown here. The company has declared a 20…

A: Final Answers:a. The current share price is approximately $28.72 (Rounded to 2 decimal places).b.…

Q: West Wind, Inc. has 4,900,000 shares of common stock outstanding with a market value of $75 per…

A: Earnings per share is calculated using following equation Earnings per share  = Net income / Number…

Q: 1. The owners' equity accounts for Investo Unlimited are shown here: Common stock ($.75 par value)…

A: To solve this problem, we need to understand the concept of a stock dividend and how it affects the…

Q: CBA Inc. has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The…

A: Solution:Stock dividend means payment of dividend shareholders in form of shares.

Q: A company has the following balance sheet (market values): Liabilities + Equity Debt Equity Assets…

A: Market value of equity = 1,200Number of shares outstanding = 300The current share price is

Q: for-2 stock split. What will the market price per share be after the split? (Do not use the…

A: Stock Split: A stock split for a company increases the number of shares, however, the price of…

Q: The mosaic corporation issued 10000 shares of $50 par, 9% preferred stock, and received $530000 from…

A: When company for issues share it will receive cash

Q: Assuming there were no buying/selling fees, what would be the total capital gain if 173 shares of…

A: The capital gain is calculated as gain per share multiplied by number of shares.

Q: The common shares of Hoover Inc. are currently selling at $143 per share. The directors want to…

A: a. Prepare journal entry to record the board votes a 2-for-1 stock split. Particular debit credit…

Q: a public company has 1,000 common stock shares outstanding, where each share has a $10 par value.…

A: The total par value of shares outstanding before and after the stock split remains the same.

Q: A firm has the balance sheet accounts, common stock, and paid-in capital in excess of par, with…

A: When the shares are sold for more than its face value, the excess is credit to "Paid in capital in…

Q: 1. How might a 4% stock dividend influence a shareholder currently holding 10% of a company with a…

A: Stock dividend = 4%Current ownership = 10%Stock price = $30Total earnings = $2,500,000Shares…

Q: Golden Inc. is considering one of the three following courses of action: (1) paying a $0.4 cash…

A: Before action After Cash dividend After stock dividend Total Assets $1369000 $1329000 $1369000…

Q: assume an analyst has valued a stock at $59.75 per share. What was the NPV of the firm if there are…

A: Value of stock = $59.75 per shareNumber of shares outstanding = 3,500,000Value of debt = $24,000,000

Q: Consider firm X and Y.The firm had total earrings of $400,000 and shares outstanding of $95,000.…

A: We have to find the total assets of the combined entity after the merger transactions, in two…

Q: A firm has 750 bonds outstanding that are selling for $989 each, 2,500 shares of preferred stock…

A: Total value of bonds=(750*989)=$741750Total value of preferred stock=(2500*47)=$117500Total value of…