The charter of a corporation provides for the issuance of 105,588 shares of common stock. Assume that 41,103 shares were originally issued and $4,863 were subsequentially reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared?

Q: The charter of a corporation provides for the issuance of 91,724 shares of common stock. Assume that…

A: When shares are reacquired, the dividends are not required to be paid on such stocks.

Q: The charter of a corporation provides for the issuance of 103,000 shares of common stock. Assume…

A: Dividend is declared on the basis of number of share issued to the public.

Q: The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume…

A: Number of shares outstanding  = Shares issued - Shares reacquired

Q: The charter of a corporation provides for the issuance of 95,106 shares of common stock. Assume that…

A: The 3,554 shares reacquired are called treasury shares. Treasury shares are not entitled to…

Q: The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume…

A: dividend is paid on shares which are outstanding that is shares issued minus shares reacquired on…

Q: The charter of a corporation provides for the issuance of 10,000 shares of common stock. Assume that…

A: Formula: Cash dividends = Number of outstanding shares x Dividend per share. Multiplying dividend…

Q: The charter of a corporation provides for the issuance of 120,000 shares of common stock. Assume…

A: Formula: Total dividends = Number of Outstanding shares x Dividend per share

Q: The charter of a corporation provides for the issuance of 99,000 shares of common stock. Assume that…

A: Dividends: Distribution of company profits to their share holders based on their investments.

Q: The charter of a corporation provides for the issuance of 111,000 shares of common stock. Assume…

A: Common stock: These are the ordinary shares that a corporation issues to the investors in order to…

Q: What is the number of shares outstanding?

A: The shares which are outstanding is the shares which has been in the market which means those shares…

Q: 1. The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume…

A: solution : The charter of a corporation provides for the issuance of 100,000 shares of common stock.…

Q: The charter of a corporation provides for the issuance of 95,735 shares of common stock. Assume that…

A: Formulas: Cash dividend = Out standing shares * Dividend per share Cash dividend =(Shares issued -…

Q: The charter of a corporation provides for the issuance of 114,615 shares of common stock. Assume…

A: Note: Dividend is paid on the number of shares issued and outstanding. Number of shares issued and…

Q: The charter of a corporation provides for the issuance of 113,026 shares of common stock. Assume…

A: Dividends are paid on the Shares outstanding, not on shares issued. Shares outstanding = 37,231 -…

Q: The charter of a corporation provides for the issuance of 104,571 shares of common stock. Assume…

A: Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its…

Q: The charter of a corporation provides for the issuance of 95,000 shares of common stock. Assume that…

A: Common stock: These are the shares issued by a company to an outsider. These shares entitle a share…

Q: What is the number of shares outstanding?

A: Common stock: These are the ordinary shares that a corporation issues to the investors in order to…

Q: The charter of a corporation provides for the issuance of 104,020 shares of common stock. Assume…

A: The charter of a corporation provides maximum numbers of shares that can be issued by the…

Q: The charter of a corporation provides for the issuance of 106,635 shares of common stock. Assume…

A: The objective of the question is to calculate the total amount of cash dividends to be paid by the…

Q: The charter of a corporation provides for the issuance of 94,546 shares of common stock. Assume that…

A: Dividend is paid on the shares outstanding. Shares outstanding = 41,432 - 3,112 = 38,320 shares

Q: The charter of a corporation provides for the issuance of 115,494 shares of common stock. Assume…

A: Lets understand the basics.When share is repurchased after issuance of shares then shares are known…

Q: The charter of a corporation provides for the issuance of 105,000 shares of common stock. Assume…

A: Given that,  number of shares originally issued = 63000 shares number of shares reacquired = 12600

Q: The charter of a corporation provides for the issuance of 93,872 shares of common stock. Assume that…

A: Dividend will not be paid on reacquired shares.

Q: The charter of a corporation provides for the issuance of 106,898 shares of common stock. Assume…

A: No. of shares issued ansd outstanding = No. of shares originally issued - No. of shares reacquired =…

Q: The charter of a corporation provides for the issuance of 138,000 shares of common stock. Assume…

A: Common stock: These are the shares issued by a company to an outsider. These shares entitle a share…

Q: The charter of a corporation provides for the issuance of 94,560 shares of common stock. Assume that…

A: Total amount of dividends paid = No. of shares outstanding * Dividends per shares

Q: The charter of a corporation provides for the issuance of 108,244 shares of common stock. Assume…

A: Originally issued shares = 44,779 shares  (-) Reacquired shares = 4,084 shares  Total dividend to be…

Q: he charter of a corporation provides for the issuance of 99,542 shares of common stock. Assume that…

A: Given that: Total authorised shares = 99,542 shares Original issued shares = 39624 shares Reacquired…

Q: The charter of a corporation provides for the issuance of 114,000 shares of common stock. Assume…

A: Equity share capital refers capital which is raised by a corporation by offering shares.

Q: The charter of a corporation provides for the issuance of 95,662 shares of common stock. Assume that…

A: Dividend:-It is a form of profit which shareholder received in return of their investment made in…

Q: The charter of a corporation provides for the issuance of 114,964 shares of common stock. Assume…

A: Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its…

Q: The charter of a corporation provides for the issuance of 118,000 shares of common stock. Assume…

A: Formula: Amount of cash dividends to be paid  = No. of shares issued and outstanding x Dividend per…

Q: The charter of a corporation provides for the issuance of 116,962 shares of common stock. Assume…

A: Cash dividend will be paid  for shares issued Less shares reacquired

Q: The charter of a corporation provides for the issuance of 111,000 shares of common stock. Assume…

A: Stock:   A kind of investment that are made by the investors, in order to get more returns is…

Q: The charter of a corporation provides for the issuance of 111,000 shares of common stock. Assume…

A: The objective of the question is to calculate the number of shares outstanding. Shares outstanding…

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.