bPreview File Edit View Go Tools Window Help♥mgt120h-a17.pdfPage 2 of 10Market value of common sharesNumber of common shares outstandingPar value of common sharesRetained earningsa. $2,250,000b. $2,600,000c. $2,500,000d. $2,400,000e. $2,750,000Cost-Volume-Profit Analysis3. Common, Inc. has just issued a 10% stock dividend. The following information wasavailable just prior to issuing the dividend.40The Effect Of Prepaid Taxes On AssetsAnd Liabili...ODebenture ValuationDWhat is the proper balance in Retained Earnings immediately after issuing the stockdividend?CC7V↑Search(CªSat Apr 15 3:04 PM$25 each100,000$10 per share$2,500,000Allstate Inc, has 10.000 shares of $8, no par value, cumulative preferred shares and100,000 shares of no par value common shares outstanding at December 31, 2016. If theboard of directors declares a $60,000 dividend, thePreferred shareholders will receive 1/10 of whatb. Preferred shareholders will receof what the common shareholders will receivec. $60,000 will be held as restricted retained eamings and paid out at some future dated. Preferred shareholders will receive $30,000 and the common shareholders will receive$30,0003. Common, Inc. has just issued a 10% stock dividend. The following information wasavailable just prior to issuing the dividendMarket value of common sharesNumber of common shares outstandingPar value of common sharesCOCO COPRI$25 each100,000$10 per share

Retained earnings is a portion of a company's net income that is not distributed as dividends to its…

Answered: Common, Inc. has just issued a 10%…

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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The stockholders' equity section of Ayayai Corp.'s balance sheet consists of common stock ($7 par) $840,000 and retained earnings $400,000. A 10% stock dividend (12,000 shares) is declared when the market price per share is $15. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend $4 $ $4 (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend After Dividend Outstanding shares >
If C CORP. had 3,518,000 shares of common stock outstanding when it paid dividends last year, how much did it pay in dividends? Click the icon to view the portion of Stock Exchange Listing. Data table TERE AL shares of common stock Quistenalleg when it bald dividends last year now much did it pay in dividend Portion of Stock Exchange Listing Name A CORP BLID C CORP DLTD. E CORP. Symbol Open High 30.6 31.24 28.14 28.57 48.6 49.07 14.35 14.58 23.76 24.3 A B C D E CIDO 994,770 32.9. 270,400 28.87 19.4 16.11 Low Close Net Chg %Chg Volume 52 Wk High 52 Wk Low Div 30.5 31.12 0.58 1.9 1 0.6 1.11. 0.97 1,598,100 50.33 25.3 27.67 28.42 0.28 48.52 28.42 0.29 13.92 14.51 0.16 23.62 24.03 0.23 54,900 16.55 12.6 570,711 27.45 17.95 Print Done Yield P/E Ytd % Chg 24 6.6 14 25.1 52.1 -6.1 172-9.2 yove THE 0.48 1.7 1.48 3
How to find the outstanding comon shares? This statement is correct. The per-share book value is calculated by dividing the company’s total common equity by the number of outstanding shares of common stock. The book value per share of Blue Hamster Manufacturing Inc.’s stock is the accounting value of assets that the company’s common shareholders would receive if the company was liquidated. It is listed as total common equity on the balance sheet (total assets minus total debt) and is calculated by dividing the value of total common equity by the outstanding shares. In this case, $32,813 million / 50 million shares = $656.26 per share.
The book value per share of common stock of Lawrence Company is $10. The company declares and issues a small stock dividend when the market price per share is $7. How would this transaction affect book value per share? Book value per share = Total stockholders' equity/Number of common shares outstanding Select one: a. Cannot be determined from the information provided b. Increase book value per share c. No effect on book value per share d. Decrease book value per share
The owners' equity accounts for Mars International are shown here: Common stock ($.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…
Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net income $73,500 $123,750 Preferred stock dividends 6,300 6,750 Average common stockholders’ equity 2,700,000 3,150,000 Dividend per common share 2.70 2.52 Earnings per share 3.99 4.61 Market price per common share, year-end 41.00 47.30 Calculate the return on common stockholders’ equity for Los Altos, Inc. for both years.Round to two decimals. Year 1 Year 2 Return on Common Stockholders' Equity Answer Answer Did the return improve from Year 1 to Year 2? Answer
Norling Corporation reports the following information: Net income Dividends on common stock Dividends on preferred stock Weighted average common shares outstanding Norling should report earnings per share of O $1.50. O $1.80 O $2.20. O $2.50. $500,000 140,000 60,000 200,000
Sturdy Stone Tools, Inc., announced a 100 percent stock dividend. Determine the impact (increase,decrease, no change) of this dividend on the following:1. Total assets.2. Total liabilities.3. Common stock.4. Total stockholders’ equity.5. Market value per share of common stock.
When a corporation has outstanding both common and preferred stock Select one: a. Earnings per share is computed without regard to the amount of dividends declared on common stock. b. Basic and diluted earnings per share are reported only if the preferred stock is cumulative c. Earnings per share is reported for each type of stock outstanding d. Earnings per share is computed without regard to the amount of the annual preferred dividends.
What terminology best describes the EPS (earnings per share) formula below? Net income available to common stockholders/ (number of shares outstanding+ potential shares from employee options and convertible debt) A-diluted EPS B-Basic EPS C- operating EPS D- adjusted EPS
Which of the following statements are true regarding dividends? Which of the following statements are true regarding dividends? check all that apply A large stock dividend is a distribution of more than 25% of previously outstanding shares. A stock split can be used to keep the stock price affordable. A small stock dividend is a distribution of 50% or less of previously outstanding shares. The date of payment reflects the date a cash dividend is paid to stockholders.

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Common, Inc. has just issued a 10% stock dividend. The available just prior to issuing the dividend. Market value of common shares Number of common shares outstanding Par value of common shares Retained earnings What is the proper balance in Retained Earnings immediate dividend?