How much dividend was paid in year 2019? How much dividend was received by each share of stock in 2019? How many percent was the increase in total stockholders equity
How much dividend was paid in year 2019? How much dividend was received by each share of stock in 2019? How many percent was the increase in total stockholders equity
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
How much dividend was paid in year 2019?
How much dividend was received by each share of stock in 2019?
How many percent was the increase in total stockholders equity ?
![STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
For the Year Ended December 31, 2019
(In Philippine Peso)
2019
2018
Capital Stock
Common Stock
(20,000 outstanding shares @
P100.00 par value)
Retained Earnings, Beginning
2,000,000
1,000,000
1,686,000
520,000
Add: Net Income
1,575,000
3,261,000
1,166,000
1,686,000
Total
1,500,000
1,761,000
Less: Dividends Paid
Retained Earnings, End
1,686,000
Stockholders' Equity, End
3,761,000
2,686,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F76f9ae7e-a8ee-48d9-9f52-4e4cc5f03418%2Fc3f9a787-51bf-4f3b-a501-8e50022f417c%2Fkt82gcp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
For the Year Ended December 31, 2019
(In Philippine Peso)
2019
2018
Capital Stock
Common Stock
(20,000 outstanding shares @
P100.00 par value)
Retained Earnings, Beginning
2,000,000
1,000,000
1,686,000
520,000
Add: Net Income
1,575,000
3,261,000
1,166,000
1,686,000
Total
1,500,000
1,761,000
Less: Dividends Paid
Retained Earnings, End
1,686,000
Stockholders' Equity, End
3,761,000
2,686,000
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