A corporation purchases 10,000 shares of its own $20 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders' equity? Select one: O a. increase, $200,000 O b. increase, $350,000 Oc decrease, $200,000 O d. decrease, $350,000
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- A corporation issued 100 shares of $100 par value preferred stock for $150 per share. The resulting journal entry would include which of the following? A. a credit to common stock B. a credit to cash C. a debit to paid-in capital in excess of preferred stock D. a debit to cashRatio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the balance sheet date, MJOs stock was selling for S25 per share. Required: Assuming MJOs dividend yield is 1%, what are the dividends per common share? Assuming MJOs dividend yield is 1% and its dividend payout is 20%, what is MJOs net income?If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity is: A. $32,000. B. $(32,000). C. $(8000). D. $8,000.
- A corporation purchases 8,002 shares of its own $10 par common stock for $15 per share, recording it at cost. What will be the effect on total stockholders' equity? a.increase by $40,010 b.increase by $120,030 c.decrease by $40,010 d.decrease by $120,030A corporation purchases 9,515 shares of its own $10 par common stock for $18 per share, recording it at cost. What will be the effect on total stockholders' equity? a.decrease by $171,270 b.increase by $171,270 c.decrease by $76,120 d.increase by $76,120Question. A corporation purchases 89000 shares of its own $30 par common stock for $47 per share, recording it at cost. What will be the effect on total stockholders' equity? 1. Decrease by $ 4,183,000 2. Increase by $ 4,183,000 3. Increase by $ 2,670,000 4. Decrease by $ 2,670,000
- A corporation purchases 41500 shares of its own $30 par common stock for $45 per share, recording it at cost. What will be the effect on total stockholders’ equity? Increase by $1245000 Decrease by $1867500 Increase by $1867500 Decrease by $1245000You are given the following information: Book value of stockholders' equity = $5 million; price/earnings ratio = 10; shares outstanding = 100,000; and the market/book ratio = .5. Calculate the market price of %3D a share of the company's stock. O $37.50 O $25.00 O $50.00 O $75.00 O $16.67A stock pays an annual dividend of ₱4.50/share. How much dividend is paid to a shareholder who has 1, 500 shares of the company stocks? a. ₱6, 570 b. ₱6, 750 c. ₱5, 576 d. ₱5, 675
- 4. A company has 500 shares with a price of JD 10 per share, and a net income available for common stocks of JD 1000. Required Find the P/E.Why do you deduct or subtract 1 to flotation cost? Example: Given; Annual dividend (D) = $4.75 Flotation cost (F) = 0.05 or 5% Number of shares issued (N) = 10,000 Stock price (P0) = $50 Formula; Total value able to receive = N * P0 * (1 - F) Total value able to receive = 10,000 * $50 * (1 - 0.05) Total value able to receive = $500,000 * 0.95 Total value able to receive = $475,000Compute the Values of an equity share and of preference share of each of the following companies: (a) When a few shares are sold and (b) When controlling shares are to be sold. Following information is furnished: Company A Company B $ Profit after tax 10,00,000 10,00,000 12% Preference Capital (Shares of $ 100 each) 10,00,000 20,00,000 Equity Capital ( Shares of $ 10 each ) 50,00,000 40,00,000 Assume that market expectation is 15% and 80% of profits are distributed.