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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Research walmart and Review its most recent 10-K report and announcement of quarterly or annual dividends per share, an announcement of a stock split of one to two and the purchase of treasury stock. Choose ONE of the questions below to discuss: Discuss the primary reporting alternatives the company has for the repurchase of its own shares and how each option would affect total shareholders’ equity. How would the stock split of one for two be accounted for and how would it affect shareholder’s equity and why? How would the company account for the cash dividends from declaration to the date of payment? What are the important dates for dividends payment and how would it affect the balance sheet and why? Work to demonstrate your understanding of the material from this module and, where necessary, include your sources.
The Liang Company's balance sheet has the following capital section. Liang's stock is currently selling for $5 per share. Common Stock (50,000 shares at $1 par) $50,000 Capital in Excess of Par 50,000 Retained Earnings 100,000 $200,000 If Liang declared a 10% stock dividend instead of doing the stock split, what would the relevant section of the balance sheet look like?
The following table shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices at the end of the year. Company Johnson Controls Medtronic Direct TV Qualcomm Portfolio Return Shares 450 300 Dollar return Percentage return 600 200 What is your portfolio dollar return and percentage return? Note: Round your answers to 2 decimal places. Beginning of Year Price $ 73.01 57.67 25.04 43.18 % Dividend Per Share $ 1.19 .43 .40 End of Year Price $85.97 53.61 24.49 39.02
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
Assume this is the stockholders' equity section from the Campbell Soup Company balance sheet. How do you get these two questions? 1. At what average price were the Campbell Soup shares issued? (Round your answer to two decimal places.) 2. Calculate and interpret the company’s market-to-book ratio at August 1, 2008. Round answer to two decimal places. Shareholders' Equity (millions, except per share amounts) August 3, 2008 July 29, 2007 Preferred stock: authorized 40 shares; non issued $ -- $ -- Capital stock, $0.0375 par value; authorized 560 shares; issued 512 shares 19 19 Additional paid-in capital 337 331 Earnings retained in the business 7,906 7,052 Capital stock in treasury, 186 shares in 2008 and 163 shares in 2007, at cost (6,812) (6,015) Accumulated other comprehensive loss (136) (123) Total shareholders' equity $ 1,314 $ 1,264 Assume Campbell Soup Company also reports the following statement of stockholders' equity. (Millions, except per share…
Ultra Petroleum (UPL) has earnings per share of $1.57 and a P/E ratio of 32.96. What's the stock price? Note: Round your answer to 2 decimal places. Stock price
A company has issued preferred shares with a dividend of $0.97. The current price per share is $26.33. What is the required return?
Analyzing and Interpreting Stockholders' Equity and EPS Following is the stockholders' equity section of the balance sheet for The Procter & Gamble Company along with selected earnings and dividend data. For simplicity, balances for noncontrolling interests have been left out of income and shareholders' equity information. $ millions except per share amounts 2014 2013 Net earnings attributable to Procter & Gamble shareholders $11,156 $11,797 Common dividends 5,883 5,534 Preferred dividends 256 233 Basic net earnings per common share $3.82 $4.12 Diluted net earnings per common share $3.66 $3.93 Shareholders' equity: Convertible class A preferred stock, stated value $1 per share $1,195 $1,234 Common stock, stated value $1 per share 4,008 4,008 Additional paid-in capital 63,181 62,405 Treasury stock, at cost (shares held: 2014--1261.2; 2013--1243) (69,604) (67,278) Retained earnings 75,349 70,682 Accumulated other comprehensive income/(loss) (9,333) (2,054) Other (761) (996) Shareholders'…
The balance sheet for Quinn Corporation is shown here in market value terms. There are 12,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 49,300 Fixed assets 355,000 Equity $ 404,300 Total $ 404,300 Total $ 404,300 The company has declared a dividend of $1.45 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. What is the stock selling for today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What will it sell for tomorrow? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
Consider the following data: Amount ($) 400,000 900,000 Retained earnings 5,000,000 TOTAL OWNERS’ EQUITY 6,300,000 Common stock ($1 par value) Capital surplus Current market price of shares = $51 per share. What will be the effect of a 10% stock dividend on the equity accounts? Supply the revised figures for all line items after the dividend.

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