Book value of common stockholders' equity of FedEx, May 31, 2020 (figures in $ millions)Common shares ($0.10 par value per share)Additional paid-in capital$313,09823,723(7,771)(370)$18,711Retained earningsTreasury shares at costOtherNet common equityNote:Authorized shares (millions)Issued shares, of which:Outstanding sharesTreasury sharesRequired:a. Suppose that FedEx now issues 5 million shares at $150 a share. Update the table below with the new values.b. What would happen to the book value of common stockholders' equity if instead FedEx bought back 5 million shares at $150 pershare?Complete this question by entering your answers in the tabs below.Required ARequired BWhat would happen to the book value of common stockholders' equity if instead FedEx bought back 5 million shares at $150per share?Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place.Common shares ($0.10 par value per share)Additional paid-in capitalRetained earningsTreasury shares at costOther26941Net common equity$< Required A0.0Required B >

When the company purchases its own shares, it is known as Treasury stock.Additional paid-in capital:…

Answered: Book value of common stockholders'…

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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Current Attempt in Progress The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Sunland Corporation at December 31, 2020. Common Stock ($5 stated value) Paid-in Capital in Excess of Par-Preferred Stock $2,450,000 285,000 Paid-in Capital in Excess of Stated Value-Common Stock 800,000 Preferred Stock (8%, $100 par) 555,000 Retained Earnings Treasury Stock-Common (11,200 shares) 1,334,000 134,400 Prepare the stockholders' equity section of the balance sheet at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.) SUNLAND CORPORATION Partial Balance Sheet
The information below pertains to Metlock Company for 2026. Net income for the year 7% convertible bonds issued at par ($1,000 per bond); each bond is convertible into 30 shares of common stock 6% convertible, cumulative preferred stock, $100 par value; each share is convertible into 3 shares of common stock Common stock, $10 par value Tax rate for 2026 Average market price of common stock Basic earnings per share $ b. Compute diluted earnings per share for 2026. (Round answer to 2 decimal places, e.g. 2.55.) Diluted earnings per share $1,230,000 $ 1,990,000 4,110,000 There were no changes during 2026 in the number of common shares, preferred shares, or convertible bonds outstanding. There is no treasury stock. The company also has common stock options (granted in a prior year) to purchase 68,200 shares of common stock at $20 per share. a. Compute basic earnings per share for 2026. (Round answer to 2 decimal places, e.g. 2.55.) 6,270,000 20% $25 per share
the owners’ equity accounts for Quadrangle International are shown here: Common stock ($1 par value) 30,000 Capital surplus 285,000Retained earnings 649180 Total owners’ equity 964180 a. If Quadrangle stock currently sells for $30 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change. b. If Quadrangle declared a 25 percent stock dividend, how would the accounts change?
KPMG Pvt. Ltd. is a listed company; the company’s statement of financial position at 31 August 2020 showed the following long-term financing: $ (million) 1.2 million ordinary shares of $25 each 30 Reserves 55 85 9% loan stock 2022 30 On 31 August 2020 the shares were quoted at $ 121 cum div with a dividend of $ 5.2 per share due very shortly. Over recent years, a dividend has increased at the rate of about 5% a year. This rate expected to continue in the future. The loan stock is due to be redeemed at par on 31 August 2022. Interest is payable annually on 31 August. The post-tax cost of the loan stock is 5.5%. The company’s corporation tax rate
please find basic earnings per share and diluted earnings per share
Kk28. help me solve june 8
need help with working
The information below pertains to Pierpont Corp. for 2020: Net income, $1,200,000. Common Stock, $10 par value per share, total par value $3,000,000. D% Convertible and Cumulative Preferred Stock, S100 par value per share, each share convertible into 3 shares of common stock. The preferred stock was issued in 2018. Total par value $4,000,000. 7% Convertible Bonds Payable, issued at face value of $1,000 per bond, in 2019. Each bond is convertible into 30 shares on common stock. Total face value $2,000,000. Stock options granted in 2019 to purchase 75,000 shares of common stock at $20 per share, none of which have been exercised to date. Income tax rate, 20%. Average market price of the common stock during 2020 was $25 per share. There were no changes during 2020 in the number of common shares outstanding, number of preferred shares outstanding, or number of convertible bonds outstanding. There are no treasury shares held by Pierpont. REQUIRED: 1. Calculate basic earnings per share for…
4. How much is the TOTAL RESERVES?
Required:1. Indicate the amount of annual dividend on each issue of the preferred shares by completingthe last column of the above table 2. Assume that there are one year of dividends in arrears at the beginning of 2020, and Essexdeclared total dividends of $40,000 in 2020. What is the amount of dividends that thecommon shareholders will receive in 2020?
refer to the photo
what are the dividends allocated to common stock? check pic

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