On February 1, a corporation has 40,000 shares of $1 par value common stock issued and outstanding. The corporation also has Additional Paid - in Capital of $200,000 and Retained Eamings of $200,000. On February 1, the corporation declared a 2-for -1 stock split. After the split, what is the total par value of the common stock and the total stockholders' equity, respectively? OA S40,000; $440,000 O B. $40,000; $240,000 OC. $80,000; $440,000 OD. $20,000; $440,000

On February 1, a corporation has 40,000 shares of $1 par value common stock issued and outstanding. The corporation also has Additional Paid - in Capital of $200,000 and Retained Eamings of $200,000. On February 1, the corporation declared a 2-for -1 stock split. After the split, what is the total par value of the common stock and the total stockholders' equity, respectively? OA S40,000; $440,000 O B. $40,000; $240,000 OC. $80,000; $440,000 OD. $20,000; $440,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

14-The amount for which an asset could be exchanged, a liability settled , or an equity instrument could be exchanged between knowledgeable parties is referred to as a. Historical cost principle b. Futuristic cost principle c. Replacement cost Principle d. Fair value cost principle
33 34
un.3
question 43 choose the correct answer from the choices
Only EX 13-11 please and thank you?
37. Choices: a. P7,092,000, P1,110,130, and P756,130 b. P9,616,000, P1,791,610, and P1,437,610 c. P9,616,000, P1,653,370, and P756,130 d. P9,104,000, P1,653,370, and P1,299,370
26 27 28 A Moving to the next question prevents changes to this Question 2 What is the definition of liability on the Balance Sheet? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Arial BIUS Paragraph In 99 Ω
18 pts Multiple Functions 88 MULTIPLE CHOICE Question 2 ◄ Listen When f(x)=-3x-6 and g(x) = x²-x-6, what is ? A B C f 54 g = 3 fg = -3 x-3x=3 f 51 g = -2x+2; x=1
Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours 18.3 Wait time Process time Move time Queue time 1. 1 Inspection time 0.1 2.0 9.1 The manufacturing cycle efficiency (MCE) was closest to: (Round your intermediate calculations to 1 decimal place.)
That is not a possible solution. The possible anwsers are --> a. 122329.9877 b. 127159.8450 c. 122132.1253 d. 126907.4914 Please explain
How to do
17 18