Need help with this question solution general accounting Nova Soft Corp. issued 25,000 shares of common stock at $24 pershare. The par value of each share is $8.⚫ How much will be recorded as common stock?•How much will be recorded as additional paid-in capital?

Step 1: Introduction to stockholders' equityStockholders' equity refers to the residual value of the…

Answered: Nova Soft Corp. issued 25,000 shares of…

Corporate Fin Focused Approach

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ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter14: Distributions To Shareholders: Dividends And Repurchases

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Hi, If a company has 32,000 common stock shares outstanding $10 par value, then purchases 2,300 shares of treasury stock at $25 per share. How would this be jouralized? Also, after those transaction the same company declared a $0.10 per share cash dividend on the common stock outstanding. How would this be jouralized?
Please give me correct answer this financial accounting question
A company has the following balance sheet (market values): Liabilities + Equity Debt Equity Assets Cash Operating Assets 600 1000 400 1200 If the firm has 110. find the # of outstanding shares remaining after it repurchases 120 worth of shares: (round your answer to the nearest 0.01)
ABC Corp. issued new shares with a par value of P1,000, issue price of P1,200 and net proceeds of 1,050. Shareholders expect dividends of P80 per share for the first year and a growth rate of 4%. What would be the cost of retained earnings if it was used as a financing source instead of ordinary shares? *a. 11.924%b. 10.667%c. 11.619%d. 12.000%
CBA Inc. has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The stock is currently selling for $34. CBA has $5.000.000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. What will be the "capital in excess of par account after the stock dividend? Mumple Choice O O $7.685.000 $2.685.000 $3,496,000 $2.385,000
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14)If Mande Corp issues 7,000 shares of $30 par value common stock for $240,000, the account a)Common Stock will be debited for $210,000. b)Cash will be debited for $210,000. c)Paid-in Capital in Excess of Par Value will be credited for $180,000. d)Paid-in Capital in Excess of Par Value will be credited for $30,000.
Shares purchased one year ago for $8790 are now worth $15,390. During the year, the shares paid dividends totalling $280. Calculate the shares’: (Do not round intermediate calculations and round your final answer to 2 decimal places.) a. Income yield b. Capital gain yield c. Rate of total return
b. A certain company gave out P25 dividend per share for its common stock. Themarket value of the stock is P92. Determine the stock yield ratio.c. A property holdings declared a dividend of P9 per share for the common stock. Ifthe common stock closes at P76, how large is the stock yield ratio on thisinvestment?d. Find the amount of the semi-annual coupon for a P250,000 bond which pays 7%convertible semi-annually for its coupons.
. List the types of dividends. Why do companies or investors have a preference for one or the other? 6. Martinez Ltd. has the following equity accounts at January 1, 2020. • Preferred shares outstanding: 2,500 shares $ 62,500 • Common shares outstanding: 4,000 shares 400,000 (a) What was the average issue price of the preferred shares? (b) Of the common shares? (c) If the preferred shares pay a dividend of $1 per share and are participating, what is the per share dividend that would be allocated to the common shares before any additional dividend would be paid to preferred shareholders for participation?
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?
4. How much is the TOTAL RESERVES?

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Nova Soft Corp. issued 25,000 shares of common stock at $24 per share. The par value of each share is $8. ⚫ How much will be recorded as common stock? • How much will be recorded as additional paid-in capital?