Cash dividends : The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends. Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is an inadequate cash available in the company. Stockholders’ equity : It refers to the amount of capital that includes the amount of investment by the stockholders, earnings generated from the normal business operations, and less any dividends paid to the stockholders. To Journalize: the payment of cash dividends and stock dividends for Corporation E.

Question

Question no 14

Answer 1

Question

Chapter 11, Problem 11.8AP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is an inadequate cash available in the company.

Stockholders’ equity: It refers to the amount of capital that includes the amount of investment by the stockholders, earnings generated from the normal business operations, and less any dividends paid to the stockholders.

To Journalize: the payment of cash dividends and stock dividends for Corporation E.

(b)

To determine

To post: the journal entries into stockholders’ equity accounts.

(c)

To determine

To Prepare: the stockholders’ equity section of balance sheet for Corporation E as of December 31, 2014.

(d)

To determine

To Calculate: the payout ratio for Corporation E.

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Question no 14

Burner, Incorporated has sales of 1,250,000, costs of 620,000, depreciation expenses of 85,000, and interest expenses of 34,000, with a tax rate of 30 percent. a. Calculate the net income for the firm. b. If the company paid out $90,000 in cash dividends, calculate the increase to retained earnings.

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Answer 2

Question

Chapter 11, Problem 11.8AP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is an inadequate cash available in the company.

Stockholders’ equity: It refers to the amount of capital that includes the amount of investment by the stockholders, earnings generated from the normal business operations, and less any dividends paid to the stockholders.

To Journalize: the payment of cash dividends and stock dividends for Corporation E.

(b)

To determine

To post: the journal entries into stockholders’ equity accounts.

(c)

To determine

To Prepare: the stockholders’ equity section of balance sheet for Corporation E as of December 31, 2014.

(d)

To determine

To Calculate: the payout ratio for Corporation E.

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Answer 3

Question

Chapter 11, Problem 11.8AP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is an inadequate cash available in the company.

Stockholders’ equity: It refers to the amount of capital that includes the amount of investment by the stockholders, earnings generated from the normal business operations, and less any dividends paid to the stockholders.

To Journalize: the payment of cash dividends and stock dividends for Corporation E.

(b)

To determine

To post: the journal entries into stockholders’ equity accounts.

(c)

To determine

To Prepare: the stockholders’ equity section of balance sheet for Corporation E as of December 31, 2014.

(d)

To determine

To Calculate: the payout ratio for Corporation E.

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Answer 4

Question

Chapter 11, Problem 11.8AP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is an inadequate cash available in the company.

Stockholders’ equity: It refers to the amount of capital that includes the amount of investment by the stockholders, earnings generated from the normal business operations, and less any dividends paid to the stockholders.

To Journalize: the payment of cash dividends and stock dividends for Corporation E.

(b)

To determine

To post: the journal entries into stockholders’ equity accounts.

(c)

To determine

To Prepare: the stockholders’ equity section of balance sheet for Corporation E as of December 31, 2014.

(d)

To determine

To Calculate: the payout ratio for Corporation E.

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Answer 5

Chapter 11, Problem 11.8AP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is an inadequate cash available in the company.

Stockholders’ equity: It refers to the amount of capital that includes the amount of investment by the stockholders, earnings generated from the normal business operations, and less any dividends paid to the stockholders.

To Journalize: the payment of cash dividends and stock dividends for Corporation E.

(b)

To determine

To post: the journal entries into stockholders’ equity accounts.

(c)

To determine

To Prepare: the stockholders’ equity section of balance sheet for Corporation E as of December 31, 2014.

(d)

To determine

To Calculate: the payout ratio for Corporation E.

Answer 6

Chapter 11, Problem 11.8AP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is an inadequate cash available in the company.

Stockholders’ equity: It refers to the amount of capital that includes the amount of investment by the stockholders, earnings generated from the normal business operations, and less any dividends paid to the stockholders.

To Journalize: the payment of cash dividends and stock dividends for Corporation E.

Answer 7

Chapter 11, Problem 11.8AP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is an inadequate cash available in the company.

Stockholders’ equity: It refers to the amount of capital that includes the amount of investment by the stockholders, earnings generated from the normal business operations, and less any dividends paid to the stockholders.

To Journalize: the payment of cash dividends and stock dividends for Corporation E.

Answer 8

(b)

To determine

To post: the journal entries into stockholders’ equity accounts.

Answer 9

(b)

To determine

To post: the journal entries into stockholders’ equity accounts.

Answer 10

(c)

To determine

To Prepare: the stockholders’ equity section of balance sheet for Corporation E as of December 31, 2014.

Answer 11

(c)

To determine

To Prepare: the stockholders’ equity section of balance sheet for Corporation E as of December 31, 2014.

Answer 12

(d)

To determine

To Calculate: the payout ratio for Corporation E.

Answer 13

(d)

To determine

To Calculate: the payout ratio for Corporation E.

Answer 14

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Ch. 11 - Prob. 1Q Ch. 11 - Prob. 2Q Ch. 11 - Prob. 3Q Ch. 11 - Prob. 4Q Ch. 11 - Prob. 5Q Ch. 11 - Prob. 6Q Ch. 11 - Prob. 7Q Ch. 11 - Which is the boiler investmentcommon stock with a...Ch. 11 - Prob. 9Q Ch. 11 - Prob. 10Q

To post: the journal entries into stockholders’ equity accounts.

To Prepare: the stockholders’ equity section of balance sheet for Corporation E as of December 31, 2014.

To Calculate: the payout ratio for Corporation E.

Chapter 11 Solutions