The following information is available for Metloc Rock Corporation: Common Stock ($5 par)   $1,620,000 Retained Earnings   1,205,000 An 17% stock dividend is declared and paid when the market value was $12 per share.   Compute total stockholders' equity after the stock dividend. Total Stockholders' Equity

Q: Ecker Company reports $1,950,000 of net income and declares $273,000 of cash dividends on its…

A: In order to determine the Earning per share, the Earnings available to common shareholders are…

Q: 12% cumulative preferred stock, $180 par, 160,000 shares authorized Common stock, $1.75 par,…

A: Issue price is the price at which the shares were issued and average issue price refers to the price…

Q: The statement of shareholders’ equity of Bethsheda Storage Corporation for the year ended December…

A: Balance sheet is the financial statement of the company which provides information related to the…

Q: The stockholders' equity section of Sheffield Corporation consists of common stock ($10 par)…

A: The stock dividend increases the number of shares issued and outstanding. The total shareholders'…

Q: A company with 88,000 authorized shares of $8 par common stock issued 30,000 shares at $12.…

A: Retained earnings are the earning which is not distributed among shareholders in the form of…

Q: Beacon Corporation issued a 3 percent stock dividend on 37,000 shares of its $7 par common stock. At…

A: A stock dividend is the unrestricted distribution of a company's common stock to its shareholders. A…

Q: Raphael Corporation’s balance sheet shows the following stockholders’ equity section.…

A: Book Value of common stock=Common stock+Retained earnings=$160,000+$310,000=$470,000

Q: The stockholders' equity section of Pharoah Company's balance sheet consists of common stock ($8…

A: STATEMENT OF SHAREHOLDERS EQUITYStatement of Shareholders Equity is also known as Changes in…

Q: Using the following accounts and balances, prepare the "Stockholders' Equity" sectic of the balance…

A: Stockholders equity is the amount owned by investors. Any stock issuance and net income will…

Q: The balance sheet caption for common stock is:  Common stock, $10 par value, 7,000,000 shares…

A: We have the following information: Common Stock par value: $10 Shares Authorized: 7,000,000 Shares…

Q: A corporation reported the following equity section on its current balance sheet. The common stock…

A: SOLUTION- STOCK DIVIDEND  IS A TYPE OF DIVIDENDS THAT ISSUED TO SHAREHOLDERS IN TERMS OF SHARES.

Q: On January 1, Ayayai Corp. had 63,200 shares of no-par common stock issued and outstanding. The…

A: The dividend payable on shares represents the total amount of dividends that a company has…

Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net…

A: Common stock dividend yield = Dividend per common stock / Markrt price per common share

Q: For a recent 2-year period, the balance sheet of Santana Dotson Company showed the following…

A: Par Value Of The Common Stock = (Value Of Common Stock / Number Of Common Stock Issued)Cost Per…

Q: Skysong, Inc. has these accounts at December 31: Common Stock, $10 par, 5,300 shares issued,…

A: Definition: Statement of stockholder's equity: This statement reports the beginning stockholder's…

Q: The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30…

A: The equity section of a balance sheet shows the owner’s total claim on assets after debts have been…

Q: Using the following information, prepare the Stockholders’ equity section of the balance sheet.…

A: Balance sheet: The balance sheet shows the financial position of the company by recording all the…

Q: 9. What is the accounts receivable turnover and the average collection period? (Use and final…

A: Accounts receivable turnover ratio shows how many times the accounts receivables have been collected…

Q: A company with 90,695 authorized shares of $8 par common stock issued 32,813 shares at $14 per…

A: A small stock dividend is when a company issue less than 25% of outstanding shares as a stock…

Q: A company with 94,000 authorized shares of $7 par common stock issued 36,000 shares at $16.…

A: Given that: Issued common shares = 36,000 shares Market price per share = $32 per share

Q: Luke Enterprises has 305,000 shares of $18 par common stock outstanding. On January 19, Luke…

A: Stock dividend result in issuance of shares of company to the existing shareholders unlike the cash…

Q: The board of directors of  Elston  Inc. declared a $0.60 per share cash dividend on its $1 par…

A: Cash dividends can be defined as the amount of cash distributed by the company to its shareholders.…

Q: Raedy Corporation reported the following equity section on its current balance sheet. The common…

A: Stock-spilt means an issue of new shares to the existing shareholders of the company. A 2 for 1…

Q: Sunland Corporation reports the following information: Net income Dividends on common stock…

A: Earnings per share is calculated by dividing earnings available to common stockholders' equity by…

Q: Grape Corporation reported the following equity section on its current balance sheet. The common…

A: Common stock includes the majority of stock market or public exchange in which the investors…

Q: Loudoun Corporation's balance sheet reflected the following information. Common stock, $2 par…

A: Lets understand the basics. When share is issued for more than its par value then share is known to…

Q: The stockholders' equity section of the balance sheet for Pawnee Corporation appeared as follows…

A: Company means a form of business where the share holder invest money in business in form of shares…

Q: Epic Company earned net income of $892,500 this year. There were 370,000 weighted-average common…

A: Basic Earnings per share = Earnings available for common stockholders/ Weighted average common…

Q: Concord Corporation has the following accounts at December 31: Common Stock, $9 par, 4,700 shares…

A: The stockholders’ equity section indicates the overall total value of investment in the business.

Q: The stockholders' equity section of Sheridan Corporation consists of common stock ($10 par)…

A: Stockholder's equity, also known as shareholder's equity or corporate capital, is the sum of a…

Q: Earnings (net income) Preferred stock (12,400 shares at $50 par, 4%) Common stock (44,600 shares no…

A: 1. Earnings per share (EPS) is a measure of a company's profitability, calculated by dividing net…

Q: Caspar Company reported the following balances at December 31, 20X1: Common Stock ($1 par) Paid-in…

A: DECLARATION OF DIVIDENDSDividend is the amount paid by the Corporation its shareholders in return…

Q: A corporation declared and issued a 25% stock dividend on October 1. The following information was…

A: The stockholders' equity represents the owner's claim to the business's net assets and it is…

Q: how the effects of these transactions on the balance sheet equity accounts. Presently the stock…

A: Basic Accounting Concept

Q: At the end of the accounting period, Houston Company had $6,600 of common stock, paid-in capital in…

A: Stockholders Equity can be calculated by subtracting the total liabilities of a business from total…

Q: The stockholders’ equity section of O’Vear Corporation consists of Common stock ($10 par)…

A: The dividend is the amount of income earned by the stockholders in return for their investment. It…

Q: Beacon Corporation issueda 4 percent stock dividend on 37,000 shares of its $8 par common stock. At…

A: Stock dividend is the dividend given to the shareholders' in the form of shares.

Q: Element Corporation reported the following equity section on its current balance sheet. The common…

A: Shares issued before stock split = 151,000 shares Stock split = 2 for 1   Each share will be…

Q: Highland Bancshares has 33,000 shares of $1 par value common stock outstanding Suppose Highland…

A: The dividend is declared to the shareholders from the retained earnings of the business. The smaller…

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.