Problem 5. Musuan Agro-Industrial Corporation has an authorized share capital ofP2,000,000 with a par value of P100 per share. 8,000 shares were issued andoutstanding. A 10% share dividend is declared.Required: Answer the following questions:1. What amount of share (stock) dividends will be declared?2. How many shares will be declared?3. What is the share (stock) dividend per share?4. What is the journal entry to record both declaration and issuance of share dividends?

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Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter14: Investing In Stocks And Bonds

Section: Chapter Questions

Problem 1DTM

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4. A company has 500 shares with a price of JD 10 per share, and a net income available for common stocks of JD 1000. Required Find the P/E.
(b) The owners' equity account for Rantuil Utilities Berhad are shown below: Common Share (RM2 par) Capital Surplus Retained earnings Total shareholder's equity RM30,000 RM285,000 RM648,100 RM963,100 If Rantuil Utilities Berhad currently sells for RM30 per share and a 10 percent share dividend is declared, i. Determine the number of new shares that will be distributed. ii. Reconstruct new owners' equity account for Rantuil Utilities Berhad.
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Answer the following as indicated. (Format: problem, then, solution) 6. Calculate the dividends paid to a stockholder who has 120 shares of stocks that is paying P30 per share.
Suppose a company declares a dividend of $0.50 per share. At the time of declaration, the company has 100,000 shares issued and 90,000 shares outstanding. On the declaration date, Dividends would be recorded for a. $0. b. $50,000. c. $45,000. d. $95,000.
9A. How much is the excess of par to be used for book value per share computation? 9B. How much is the BOOK VALUE PER SHARE for PREFERENCE shares considering that the preference shares are cumulative and participating? (Present answer in 2 decimal places, example: xx.xx)
MINIMUM AMOUNT/NUMBER OF SHARES YOU CAN INVEST IN THE STOCK MARKET. -For each stock, the minimum amount of shares to be traded is fixed and depends on the price range of the stock. THE BOARD LOT TABLE PRICE TICK SIZE LOT SIZE Board Lot Table determines the minimum number of shares From То one can purchase or sell at a specific price range. Therefore, 1,000,000 100,000 10,000 10,000 1,000 0.0001 0.0099 0.0001 the minimum amount needed to invest in stocks varies and 0.01 0.049 0.001 will depend on the market price of the security as well as its corresponding board lot. 0.05 0.249 0.001 0.25 0.495 0.005 0.5 4.99 0.01 5 9.99 0.01 100 TICK SIZE-A minimum change in price, up or down. 10 19.98 0.02 100 20 49.95 0.05 100 ΕΧΑMPLE: 50 99.95 0.05 10 An investor wishes to buy a stock whose market price is PHP 100.00 per share. 100 199.9 О.1 10 200 499.8 0.2 10 500 999.5 0.5 10 What is the minimum number of shares that the investor can 1000 1999 1 5 buy? 2000 4998 2 5000 UP BOARD LOT TABLE = 10…
Suppose that you own 3,400 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at $125 per share. a. What will be the number of shares that you hold after the stock dividend is paid? (Do not round intermediate calculations.) Number of shares b. What will be the total value of your equity position after the stock dividend is paid? (Do not round intermediate calculations.) Total value c. What will be the number of shares that you hold if the firm splits five-for-four instead of paying the stock dividend? (Do not round intermediate calculations.) Number of shares held
a. What will be the issue price? b. Describe any three (3) suitable situations that may lead to the valuation of shares
A corporation purchases 8,002 shares of its own $10 par common stock for $15 per share, recording it at cost. What will be the effect on total stockholders' equity? a.increase by $40,010 b.increase by $120,030 c.decrease by $40,010 d.decrease by $120,030
need part b
1. The owners' equity accounts for Investo Unlimited are shown here: Common stock ($.75 par value) Capital surplus Retained earnings Total owners' equity $50,000 $215,000 $642,700 $907,700 a. b. How many new shares will be distributed if the company's stock currently sells for $50 per share and a 15 percent stock dividend is declared? Show how the equity accounts would change. How would the accounts change if the company declared a 35 percent stock dividend?

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