The Athletic Village has done very well the past year, and its stock price is now trading at $88 per share. Management is consideringeither a 100% stock dividend or a 2-for-1 stock split.Required:Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders' equityaccounts, shares outstanding, par value, and share price. (Round "Par value per share" to 3 decimal places.)Common stock, $0.01 par valueAdditional paid-in capitalTotal paid-in capitalRetained earningsTotal stockholders' equityShares outstandingPar value per shareShare price aBefore$$1027,99028,00015,300$ 43,300 $$After 100%Stock Dividend1,0000.018800After 2-for-11Stock Split$00

The stockholders' equity is affected with declaration of stock dividend. The stock dividend remains…

Answered: The Athletic Village has done very well…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Using the data in the following table.. calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009, and also from January 3, 2011, to January 3, 2012, assuming all dividends are reinvested in the stock immediately. Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Historical Stock and Dividend Data for Boeing Dividend Date 1/3/2011 2/9/2011 5/11/2011 8/10/2011 11/8/2011 1/3/2012 Date 1/2/2008 2/6/2008 5/7/2008 8/6/2008 11/5/2008 1/2/2009 Price $86.38 $79.22 $83.82 $64.57 $47.65 $44.12 $0.39 $0.39 $0.39 $0.00 Price $67.65 $73.66 $78.78 $57.99 $66.39 $75.53 Dividend $0.43 $0.43 $0.43 $0.43 X
The Athletic Village has done very well the past year, and its stock price is now trading at $94 per share. Management is considering either a 100% stock dividend or a 2-for-1 stock split. Required: Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders' equity accounts, shares outstanding, par value, and share price. (Round "Par value per share" to 3 decimal places.) Common stock, $0.01 par value Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Shares outstanding Par value per share Share price $ $ $ $ Before 10 30,990 31,000 15,600 46,600 1,000 0.01 94 After 100% Stock Dividend After 2-for-1 Stock Split
Think about the information below: Capital surplus Retained earnings Common stock ($1 par valve) TOTAL OWNERS' EQUITY Dollars ($) 400,000 900,000 5,000,000 6,300,000 Shares are currently trading around $51 each. What impact would a 10% stock dividend have on the equity accounts? Provide the updated numbers for each line item following the dividend.
Using the data in the following table, immediately. 9 calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009, and also from January 3, 2011, to January 3, 2012, assuming all dividends are reinvested in the stock The realized return from January 2, 2008, to January 2, 2009 is Data table %. (Round to two decimal places.) (Click on the following icon in order to copy its contents into a spreadsheet.) Dividend Historical Stock and Dividend Data for Boeing Date 1/3/2011 2/9/2011 5/11/2011 8/10/2011 11/8/2011 1/3/2012 Date 1/2/2008 2/6/2008 5/7/2008 8/6/2008 11/5/2008 1/2/2009 Price $87.75 $79.76 $85.01 $66.77 $47.75 $44.02 $0.37 $0.37 $0.37 $0.00 Print Done Price $67.58 $70.28 $80.89 $56.25 $64.88 $74.91 Dividend $0.41 $0.41 $0.41 $0.41 I X
The Athletic Village has done very well the past year, and its stock price is now trading at $80 per share. Management is considering either a 100% stock dividend or a 2-for-1 stock split. Required: Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders’ equity accounts, shares outstanding, par value, and share price. (Round "Par value per share" to 3 decimal places.) Before After 100% Stock Dividend After 2-for-1 Stock Split Common stock, $0.01 par value $12 Additional paid-in capital 23,990 Total paid-in capital 24,002 Retained earnings 14,900 Total stockholders' equity $38,902 Shares outstanding 1,200 Par value per share $0.01 Share price $80
In each case in the following table,attached, how many dollars of preferred dividends per share must be paid to preferred stockholders before common stock dividends are paid?
You are given the following information concerning two stocks that make up an index. Assume the value-weighted index level was 300.45 at the beginning of the year. What is the index level at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Kirk, Inc. Picard Co. Index level Shares Outstanding 40,000 29,000 Price per Share Beginning of Year $38 73 End of Year $ 42 81
A corporation, which had 30,900 shares of common stock outstanding, declared a 5-for-1 stock split.
Which of the following statements are true regarding dividends? Which of the following statements are true regarding dividends? check all that apply A large stock dividend is a distribution of more than 25% of previously outstanding shares. A stock split can be used to keep the stock price affordable. A small stock dividend is a distribution of 50% or less of previously outstanding shares. The date of payment reflects the date a cash dividend is paid to stockholders.
Here are data on two stocks, both of which have discount rates of 14%: Stock A Stock B Return on equity 14 % 10 % Earnings per share $ 1.50 $ 1.40 Dividends per share $ 1.20 $ 1.20 a. What are the dividend payout ratios for each firm? (Enter your answers as a percent rounded to 2 decimal places.) b. What are the expected dividend growth rates for each stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) c. What is the proper stock price for each firm?
Nissan Company gave out 45 pesos dividend per share for its common stock. The market value of the stock is 114 pesos. Determine the stock yield ratio. (Show your complete solution. Then, encircle your final answer.)

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