X v fxF19AВCDEFG|12At December 31, Artists Unlimited Company had the following stockholders' equity components that would be part of the balance sheet:34Required:Thecompany is considering three alternative distributions to stockholders. Consider each alternative independently of the others.6.Complete the table above and show the effect on stockholders' equity as a result of each of these distributions.7Use information in column B to complete columns C, D, and E.8.9.1) Issue a 100% stock dividend.100%10OR112) Execute a 2-for-1 stock split.12OR133) Distribute a $5,000 cash dividend.$5,0001415Stock2 for 1 StockCash16 Stockholders' Equity17 Contributed Capital:At Dec 31DividendSplitDividend18Number of common shares outstanding5,00019$1.00Par value per common shareCommon Stock, at par20$5,00021Additional Paid-in Capital745,00022Total Contributed Capital750,00023Retained Earnings980,000$1,730,00024Total Stockholders' Equity2526

The shareholders' equity section includes the changes to share capital and retained earnings of the…

Answered: At December 31, Artists Unlimited…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Sipacore Inc. is considering one of the three following courses of action: (1) paying a $0.50 cash dividend, (2) distributing a 5% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $14 per share. Help Sipacore make its decision by completing the following chart (treat each possibility independently): Total assets (1) Before Action After Cash Dividend $1,196,000 1,146,000 (2) After Stock Dividend 1,196,000 $243,000 $ 243,000 $ 243,000 $ Total liabilities Shareholders' equity Common shares 647,000 Retained earnings Total shareholders' equity 647,000 306,000 256,000 953,000 903,000 710,000 306,000 953,000 Total liabilities and shareholders' equity $1,196,000 $ 1,146,000 $ 1,196,000 Number of common shares 100,000 100,000 105,000
All computations and Formula must be done and shown in detail Billingsley United declared a $0.20 a share dividend on Thursday, October 16. The dividend will be paid on Monday, November 10 to shareholders of record on Friday, October 31. What is the ex-dividend date? You own 2,200 shares of Deltona Hardware. The company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. Your required rate of return on this security is 16 percent. Ignoring taxes, what is the value of one share of this stock to you today? Tucker’s National Distributing has a current market value of equity of $10,665. Currently, the firm has excess cash of $640, total assets of $22,400, net income of $3,210, and 500 shares of stock outstanding. Tucker’s is going to use all of its excess cash to repurchase shares of stock. What will the stock price per share be after the stock…
The Royal Gold’s stock currently sells for RM 90 per share. The firm issued rights to raise new equity. To purchase a new share, a stockholder must remit RM 25 and four rights. (Tip: use ratio perspective to approximate the share of quantity.) (a) Compute the ex-rights stock price.
Gonzales Corporation’s common stock (Ordinary Shares) account for 2023 and 2022 showed: (check the attached photo) Calculate the (A) dividend yield, and (B) dividend payout. Choose the bullet with correct answer (A) 2023 – 0.025, 2022 – 0.036, (B) 2023 – 0.23, 2022 – 0.30 (A) 2023 – 0.035, 2022 – 0.046, (B) 2023 – 0.33, 2022 – 0.40 (A) 2023 – 0.045, 2022 – 0.056, (B) 2023 – 0.43, 2022 – 0.50 (A) 2023 – 0.055, 2022 – 0.066, (B) 2023 – 0.53, 2022 – 0.60 (A) 2023 – 0.065, 2022 – 0.076, (B) 2023 – 0.63, 2022 – 0.70
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Research walmart and Review its most recent 10-K report and announcement of quarterly or annual dividends per share, an announcement of a stock split of one to two and the purchase of treasury stock. Choose ONE of the questions below to discuss: Discuss the primary reporting alternatives the company has for the repurchase of its own shares and how each option would affect total shareholders’ equity. How would the stock split of one for two be accounted for and how would it affect shareholder’s equity and why? How would the company account for the cash dividends from declaration to the date of payment? What are the important dates for dividends payment and how would it affect the balance sheet and why? Work to demonstrate your understanding of the material from this module and, where necessary, include your sources.
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The following is the information on preferred stock issued by Huntington Power Co. Calculate the cost of preferred stock for the firm. Preferred Stock: Selling for $98. Dividends are $7 a share. a. 6.12% b. 5.45% c. 7.14% d. 9.57%

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