The following is from BC Corp. balance sheet:Common Stock (1 million shares)Retained Earnings$15,000,00015,000,00030,000,000Additional information:Earnings = $6,600,000P/E ratio = 20a. What is the impact on the B/S if the firm declares a 10% stock dividend?b. What is the value of the stock dividend to an investor who owns 100 shares?

A stock dividend is an additional share of a company's stock distributed to existing shareholders in…

Answered: The following is from BC Corp. balance…

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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Your answer is partially correct. Try again. The stockholders' equity section of Bonita Corporation consists of common stock ($10 par) $2,400,000 and retained earnings $527,000. A 10% stock dividend (24,000 shares) is declared when the market price per share is $14. Show the before-and-after effects of the dividend on the following. (a) The components of stockholders' equity. (b) Shares outstanding. (c) Par value per share. Stockholders' equity Outstanding shares. Par value per share x ✓ Before Dividend 2927000 After Dividend
If C CORP. had 3,198,000 shares of common stock outstanding when it paid dividends last year, how much did it pay in dividends? Portion of Stock Exchange Listing Name Symbol Open High Low Close Net Chg %Chg Volume 52 Wk High 52 Wk Low Div Yield P/E Ytd % Chg A CORP. A 30.6 31.24 30.5 31.12 0.58 1.9 994,770 32.9 19.4 ... ... 24 6.6 B LTD. B 28.14 28.57 27.67 28.42 0.28 1 270,400 28.87 16.11 0.48 1.7 14 25.1 C CORP. C 48.6 49.07 48.52 28.42 0.29 0.6 1,598,100 50.33 25.43 1.48 3 ... 52.1 D LTD. D 14.35 14.58 13.92 14.51 0.16 1.11 54,900 16.55 12.6 ... ... ... −6.1 E CORP. E 23.76 24.3 23.62 24.03 0.23 0.97 570,711 27.45 17.95 ... ... 172 −9.2
If C CORP. had 3,518,000 shares of common stock outstanding when it paid dividends last year, how much did it pay in dividends? Click the icon to view the portion of Stock Exchange Listing. Data table TERE AL shares of common stock Quistenalleg when it bald dividends last year now much did it pay in dividend Portion of Stock Exchange Listing Name A CORP BLID C CORP DLTD. E CORP. Symbol Open High 30.6 31.24 28.14 28.57 48.6 49.07 14.35 14.58 23.76 24.3 A B C D E CIDO 994,770 32.9. 270,400 28.87 19.4 16.11 Low Close Net Chg %Chg Volume 52 Wk High 52 Wk Low Div 30.5 31.12 0.58 1.9 1 0.6 1.11. 0.97 1,598,100 50.33 25.3 27.67 28.42 0.28 48.52 28.42 0.29 13.92 14.51 0.16 23.62 24.03 0.23 54,900 16.55 12.6 570,711 27.45 17.95 Print Done Yield P/E Ytd % Chg 24 6.6 14 25.1 52.1 -6.1 172-9.2 yove THE 0.48 1.7 1.48 3
A corporation purchases 10,000 shares of its own $20 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders' equity? Select one: O a. increase, $200,000 O b. increase, $350,000 Oc decrease, $200,000 O d. decrease, $350,000
Hi, If a company has 32,000 common stock shares outstanding $10 par value, then purchases 2,300 shares of treasury stock at $25 per share. How would this be jouralized? Also, after those transaction the same company declared a $0.10 per share cash dividend on the common stock outstanding. How would this be jouralized?
A company reports the following: Net income $420,200 Preferred dividends $31,130 Shares of common stock outstanding 33,000 Market price per share of common stock $34.19 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent.
Company ABC has a market capitalization of $750 million, Book Value (Shareholder’s Equity) Per share of $15 and net income of $25 million. If the stock is currently trading at $30. The Return on Equity is: 3.3% 6.7% 9.3% 50.0%

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