Looking for the amount for share dividends in the retained earnings section.
Homework Answers
| Common | Retained | total | |||||
| shares | Earnings | Equity | |||||
| Balanace,January 1 | 19,530,000 | 6,570,000 | 26,100,000 | ||||
| Share dividends | 4,650,000 | (4,650,000) | (4,650,000) | ||||
| profit | 3,842,500 | 3842500 | |||||
| Balance,December 31 | 24,180,000 | 5,762,500 | 29,942,500 | ||||
| share dividend | |||||||
| common shares oustanding | 3,100,000 | ||||||
| share dividend | 5% | ||||||
| share dividend stock | 155000 | ||||||
| price of common stock | 30 | ||||||
| share dividend amount | 4650000 | ||||||
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Looking for the amount for share dividends in the
retained earnings section.
On March 1, 2020,...
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Please show calculations so I would actually understand it thank you so much. Pacifica Papers Inc....
Please show calculations so I would actually understand it thank
you so much.
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Pacifica Papers Inc. needed to conserve cash, so instead of a cash dividend the board of...
Pacifica Papers Inc. needed to conserve cash, so instead of a
cash dividend the board of directors declared a 5% common share
dividend on June 30, 2020, distributable on July 15, 2020. Because
performance during 2020 was better than expected, the company’s
board of directors declared a $0.95 per share cash dividend on
November 15, 2020, payable on December 1, 2020, to shareholders of
record on November 30, 2020. The equity section of Pacifica’s
December 31, 2019, balance sheet showed:...
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Please show calculations so I would actually understand it thank
you so much.
Pacifica Papers Inc. needed to conserve cash, so instead of a cash dividend the board of directors declared a 5% common share dividend on June 30, 2020, distributable on July 15, 2020. Because performance during 2020 was better than expected, the company's board of directors declared a $0.95 per share cash dividend on November 15, 2020, payable on December 1, 2020, to shareholders of record on November...
Pacifica Papers Inc. needed to conserve cash, so instead of a
cash dividend the board of directors declared a 5% common share
dividend on June 30, 2020, distributable on July 15, 2020. Because
performance during 2020 was better than expected, the company’s
board of directors declared a $0.95 per share cash dividend on
November 15, 2020, payable on December 1, 2020, to shareholders of
record on November 30, 2020. The equity section of Pacifica’s
December 31, 2019, balance sheet showed:...
Exercise 11-21 Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Alexander Corporation reports the following components of stockholders' equity at December 31, 2018. Common stock-$25 par value, 60,000 shares authorized, 37,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 925,000 74,000 364,000 $1,363,000 During the year, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug Sept. 2 Purchased 3,700 shares...
Check my wo Exercise 11-18 Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Alexander Corporation reports the following components of stockholders' equity on December 31, 2016 points Common stock-$25 par value, 60,000 shares authorized, 36,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 900,000 22. 361,000 $1.333.000 eBook In year 2017, the following transactions affected its stockholders' equity accounts Jan. 2 Purchased 3,000...
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