B. Z Corporation has 1,000 shares of K20 par value common stock outstanding. The company is considering a 4 for 1 stock split. How will this affect the shareholders' equity accounts?
Q: Robinson's has 45,000 shares of stock outstanding with a par value of $1 per share and a market…
A: The stock split means the company splits its existing number of shares into more shares. The…
Q: Nevada Corporation has 54,000 shares of $27 par stock outstanding that has a current market value of…
A: Stock split increases the total number of shares outstanding and decreases per share market price.…
Q: A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1…
A: Stock split means when in exchange of one share of the company, company provides more value to the…
Q: A corporation has 50,000 shares of $100 par value stock outstanding that has a current market value…
A: 4-for-1 stock split means that every shareholder will have 4 shares for each share held before. The…
Q: A corporation purchases 89000 shares of its own $30 par common stock for $47 per share, recording it…
A: Stockholders' equity, also known as shareholders' or shareholders' equity, is the amount of assets…
Q: Bob’s Belts issued a 2 for 1 stock split. The balance in retained earnings at the time of the split…
A: Correct answer is D) $0 Stock splits do not affect stockholders equity
Q: eoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…
A: Number of shares outstanding after the split=Common stock outstanding×Split Ratio Approximate market…
Q: Nevada Corporation has 61,500 shares of $22 par stock outstanding that has a current market value of…
A: In this case, the company issues a 5-for-1 stock split which indicates that one share split into 5…
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: Apex Corporation is considering the purchase of Pinnacle Company in a stock-for-stock exchange.…
A: Earning per share is a ratio that shows the earing of investors on each share. It's a financial…
Q: Concord Corporation has 200,000 common shares outstanding with a carrying value of $17 per share.…
A: Divide current shares into additional shares is a corporate action known as a stock split. A stock…
Q: A corporation purchases 5,595 shares of its own $3 par common stock for $25 per share, recording it…
A: Stockholders’ Equity (SE): Stockholders Equity refers to the right the owner possesses over the…
Q: Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…
A: A Stock Split is a corporate action where shares are consolidated into a higher number of shares,…
Q: A corporation, which had 24,100 shares of common stock outstanding, declared a 5-for-1 stock split.…
A: Stock split is one of the method in which one share of the company is divided or split into multiple…
Q: 4. The Delgado Company has 700,000 shares authorized and 250,000 shares issued and outstanding of…
A: The main purpose of stock split is to make the shares affordable to the shareholders. Thus, the…
Q: oman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…
A: Solution a: Number of shares outstanding after the split = Number of shares * 4 = 45000* 4 = 180,000…
Q: Bramble Corporation has 115,000 common shares outstanding with a carrying value of $24 per share.…
A: A stock split is an action performed by the companies which divides the existing shares into…
Q: The paid in capital section of the stockholders equity section is as follows: COmmon Stock, Par…
A: A stock split enables a firm to divide each current share into many new shares without altering the…
Q: A corporation has 43,671 shares of $32 par stock outstanding that has a current market value of $300…
A: Market capitalization refers as the total valuation of a company constructed on its present share…
Q: A corporation has 65,539 shares of $18 par value stock outstanding that has a current market value…
A: Formulas: Out standing share = Number of shares * Split ratio
Q: Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…
A: 3 for 1 stock split means for every 1 share held by investors 3 shares will be held. Means if an…
Q: Weiland, Incorporated, has 440, 000 shares outstanding that sell for $94 per share. The company…
A: A stock split is a corporate action that the company undertakes which increases the number of shares…
Q: A corporation, which had 36,700 shares of common stock outstanding, declared a 5-for-1 stock split.…
A: The stock split increases the number of the shares outstanding. The stock split decreases the par…
Q: At the time that Kirby Company issued a 3-for-1 stock split, the company had 1,000 shares of $12 par…
A: 3-for-1 stock split indicates the each one stock, divided into three smaller stock.
Q: What will be the effect on total stockholders’ equity?
A: Stockholder's Equity includes the amount contributed by shareholders issued in the form of common…
Q: 13) JFINEX Corporation has 25,000 outstanding common shares outstanding that have a par value of 40…
A: Total outstanding shares = outstanding shares + stock dividend = 25000+25000*15% = 28750
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 corporation, which had 33,000 shares of common stock outstanding, declared a 3-for-1 stock split.…
A: Common stock: These are the shares issued by a company to an outsider. These shares entitle a share…
Q: 4. An owner of 2,500 shares of Simmons Company common stock receives a stock dividend of 50 shares.…
A: Company means a form of business where the share holder invest money in business in form of shares…
Q: A corporation, which had 39,700 shares of common stock outstanding, declared a 3-for-1 stock split.…
A: The stock split is a method of increasing the number of shares by decreasing the market value at the…
Q: 18. The owners' equity accounts for Buel Industries include common stock of $24,000 with a $1 par…
A: 1.Shares outstanding after reverse stock split = Shares outstanding before reverse stock split *…
Q: what is the market capitalization of the corporation
A: Market capitalization is known as the market value of all the shares issued in the market. It is…
Q: A corporation has 49,000 shares of $27 par value stock outstanding. If the corporation issues a…
A: Number of shares outstanding after split off = Number of shares outstanding before split off x…
Q: If the firm declares a 5 percent stock dividend, what will be the impact on the firm’s equity…
A: Information Provided: Common stock = $1,440,000 Contributed capital = 1,500,000 Retained earnings =…
Q: Nevada corporation has 49,801 shares of $28 par stock outstanding that has a current market value of…
A: Number of shares outstanding before stock split = 49,801 shares Shares has been split for 5-for-1.…
Q: A corporation has 45,000 shares of $23 par value stock outstanding. If the corporation issues a…
A: Stock split means when one share of the company will split or break into more number of shares. 3…
Q: Nevada corporation has 52,128 shares of $21 par stock outstanding that has a current market value of…
A: Given information, Number of shares =52,128 shares Par value =$21 Current market value =$207 5-for-1…
Q: Goodnight Films has 50,000 shares of stock outstanding with a par value of $.70 per share and a…
A: A stock split is a company's decision to split its existing stocks at a specified ratio, which leads…
Q: On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it…
A: Stock split means where company decided to increase the number of share and decrease the par value…
Q: A corporation has the following account balances: Common stock, $1 par value, $42000; Paid-in…
A: Shareholder's equity refers to the total amount of investment that the shareholders of an…
Q: Nevada Corporation has 67,450 shares of $22 par stock outstanding that has a current market value of…
A: calculation of number of share outstanding are as follows
Q: A corporation has 50,000 shares of P28 par value stock outstanding that has a current market value…
A: Following is the answer to given question
Q: Beta Corporation has 160.000 shares of common stock authorized, $1 par value, 90,000 shares issued…
A: When company issues more shares of stock to its current shareholders without diluting the value of…
Q: A corporation purchases 9,515 shares of its own $10 par common stock for $18 per share, recording it…
A: When a corporation purchases its own shares, those reacquired shares are called Treasury shares.…
Q: A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150…
A: Introduction: Stock split: Its splitting of face value. After stock split the number of outstanding…
Q: outstanding
A: Outstanding shares of a company refer to the company's stock which is held by its shareholders…
Step by step
Solved in 2 steps
- Nevada Corporation has 65,772 shares of $23 par stock outstanding that has a current market value of $266 per share. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be Oa. 13,154 Ob. 328,860 O c. 756,378 Od. 65,772 AA corporation has 71,868 shares of $36 par stock outstanding that has a current market value of $312 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately a.$17,967 b.$9 c.$78 d.$276A corporation that had 28,000 shares of common stock outstanding declared a 4-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $92 per share before the stock split, what would be an approximate market price per share after the split? per share c. Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. Debit Credit Account
- p/ 102. Down River Express has 5,000 shares of stock outstanding with a par value of $1.00 per share. The current market value of the firm is $390,000. The balance sheet shows a paid in surplus account value of $122,000 and retained earnings of $216,000. The company just announced a 2-for-1 stock split. What will the paid in surplus account balance be after the split? A. $61,000 B. $112,000 C. $122,000 D. $183,000 E. $244,000The owners' equity accounts for Mars International are shown here: Common stock ($.50 par value) Capital surplus Retained earnings Total owner's equity Please show the equity accounts will change if: a. The company declares a 5-for-1 stock split. How many shares are outstanding now? What is the new par value per share? b. The company declares a 1-for-4 reverse stock split. $20,000 210,000 587,300 $817,300 c. The balance sheet for Mars International is shown below in Market value terms. There are 12,000 shares of stock outstanding. Market Value Balance Sheet Equity $817,300 Cash $ 99,660 Fixed assets 717,640 Total $817,300 Total $817,300 The company has declared a dividend of $1.45 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? What will it sell for tomorrow? What will the balance sheet look like after the dividends are paid? d. suppose the company has announced it is going to repurchase $17,400 worth of stock. What effect…I'm having trouble compiling the Shareholder's Equity Section of the balance sheet. Please help! The balance sheet of Consolidated Paper, Inc., included the following shareholders’ equity accounts at December 31, 2020: Paid-in capital: Preferred stock, 7.5%, 98,000 shares at $1 par $ 98,000 Common stock, 484,800 shares at $1 par 484,800 Paid-in capital—excess of par, preferred 1,595,000 Paid-in capital—excess of par, common 2,645,000 Retained earnings 9,745,000 Treasury stock, at cost; 4,800 common shares (52,800 ) Total shareholders' equity $ 14,515,000 During 2021, several events and transactions affected the retained earnings of Consolidated Paper. Required: 1. Prepare the appropriate entries for these events. On March 3, the board of directors declared a property dividend of 290,000 shares of Leasco International common stock that Consolidated Paper had purchased in January as an investment (book value: $552,000). The investment shares had a fair value of $2 per share and were…
- A corporation, which had 37,300 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split?fill in the blank 7511bf07efebf9c_1 shares b. If the common stock had a market price of $180 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 7511bf07efebf9c_2 per share c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. blank - Select - - Select - - Select - - Select -The Peace River Corporation has 52,000 shares of stock outstanding at a market price of $41 a share. The company has just announced a stock split of five-for-three. How many shares of stock will be outstanding after the split?Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Grill Restaurant Corporation, which had 18,000 shares of common stock outstanding, declared a 2-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $228 per share before the stock split, what would be an approximate market price per share after the split? per share
- (a) Mr. Abu Bakar, CEO of XYZ Limited Company said to Mr. Umar Faruk, CFO of the company “Treasury stock and Ordinary stock have same impact on the stockholders equity”. Do you agree? Explain in brief. (b) MHM Limited Company has issued 150,000 shares of Tk. 10 par value common stock. It is authorized to issue 800,000 shares. The paid-in capital in excess of par value on the common stock is Tk. 250,000. The corporation has reacquired 10,000 shares at a cost of Tk. 80,000 and the paid in capital in excess of treasury stock is Tk. 20,000. MHM Limited currently holds those shares. It also had a cumulative other comprehensive loss of Tk. 5,000. The corporation also has 5,000 shares issued and outstanding of 8%, Tk.100 par value preferred stock. It is authorized to issue 15,000 shares. The paid-in capital in excess of par value on the preferred stock is Tk. 85,000. Retained earnings of the company is Tk. 750,000. Instruction: Prepare the stockholders’ equity section of the balance…Willey’s Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey’s Grill & Restaurant, which had 36,000 shares of common stock outstanding, declared a 2-for-1 stock split. a. What will be the number of shares outstanding after the split?fill in the blank 1 shares b. If the common stock had a market price of $192 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 2 per shareA corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be