Kinkaid Company was incorporated at the beginning of this year and had a number of transactions. The following journal entriesimpacted its stockholders' equity during its first year of operations.TransactionGeneral JournalDebitCredita.Cash310,000Common Stock, $25 Par Value240,00070,000Paid-In Capital in Excess of Par Value, Common StockOrganization Expensesb.170,000Common Stock, $25 Par Value130,00040,000Paid-In Capital in Excess of Par Value, Common StockCashC.45,000Accounts Receivable18,000Building82,900Notes Payable59,500Common Stock, $25 Par Value56,40030,000Paid-In Capital in Excess of Par Value, Common StockCashd.138,000Common Stock, $25 Par Value76,000Paid-In Capital in Excess of Par Value, Common Stock62,000Required:2. How many shares of common stock are outstanding at year-end?3. What is the total paid-in capital at year-end?2. Number of outstanding shares3. Total paid-in capital

Total Paid in capital means par value of common stock as well as paid in capital in excess of par…

Answered: 2. How many shares of common stock are…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Use the following information to answer questions 1 - 3. A stock is selling today for $20 per share. At the end of the year, it pays a dividend of $1 per share and sells for $22. Dividend yield = ………………………. % Capital gain = ……………………..% Total return = ………………………….. %
M
How do I calculate the net abount of stock issued when the firm pays X amount of dollars in dividends?
15. What is the effect of a stock dividend on shareholders' equity? a.Shareholders' equity is decreased. b.Total shareholders' equity stays the same. c.Contributed surplus is decreased. d.Retained earnings is increased.
Using the data in the following table, Date Jan 1 Feb 5 " Calculate the returns for each subperiod below: (Round to five decimal places. Enter dividend yield and capital gain yield as decimal numbers.) Capital Gain Yield Price 33.88 30.67 $ calculate the dividend yield and the capital gain yield from investing in the stock from January 1 to December 31. Dividend Dividend Yield 0.17 Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Stock and Dividend Data Price $33.88 $30.67 $29.49 $32.38 $39.07 $41.99 Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Print Done Dividend $0.17 $0.17 $0.17 $0.17 X
When it comes to the market value of a company, is it true or not that it equals the number of outstanding shares multiplied by the most recent transaction price per share.
Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: 20Y1, $32,000; 20Y2, $64,000; 20Y3, $144,000; 20Y4, $184,000; 20Y5, $224,000; and 20Y6, $280,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 20,000 shares of cumulative, preferred 4% stock, $100 par, and 100,000 shares of common stock, $20 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dívidends in arrears at the beginning of 2OY1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share 20Υ1 $32,000 20Y2 64,000 20Y3 144,000 20Y4 184,000 20Y5…
What's the return on stockholders equity for these years?
You purchased a stock at a price of $70.72. The stock paid a dividend of $2.03 per share and the stock price at the end of the year is $63.02. What are your capital gains on this investment?
why this is not a finance activity? air value of shares issued in a stock dividend $ 116.0
You purchased a stock at a price of $48.01. The stock paid a dividend of $1.87 per share and the stock price at the end of the year is $54.01. What was the dividend yield?
am. 104.

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2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end?