Debit | Credit | |||
Feb 05 | Retained earnings | 296800 | =53000*16%*35 | |
Common stock dividend distributable | 84800 | =53000*16%*10 | ||
Paid-in capital in excess of par value, Common stock | 212000 | |||
Feb 28 | Common stock dividend distributable | 84800 | ||
Common stock, $10 par value | 84800 |
2 | ||
Before | After | |
Book value per share | 32.642 | 28.139 |
Total book value of shares | 17953 | 17953 |
Workings: | ||
Before | After | |
Total stockholders’ equity | 1730000 | 1730000 |
Divide by Issued and distributable shares | 53000 | 61480 |
Book value per share | 32.642 | 28.139 |
X Shares owned | 550 | 638 |
Total book value of shares | 17953 | 17953 |
Required information Exercise 11-6 Stock dividends and per share book values LO P2 [The following information...
Check my work Required information Exercise 11-6 Stock dividends and per share book values LO P2 The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: $1,200,000 Common stock-$20 par value. 150,000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 625.000 $2,400,000 On February 5, the directors declare a 10% stock dividend...
Required information Exercise 11-6 Stock dividends and per share book values LO P2 [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Common stock-$10 par value, 150,000 shares authorized, 54,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 540,000 525,000 675,000 $1,740,000 On February 5, the directors declare a 14% stock dividend distributable...
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Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$5 par value, 150,000 shares authorized, 61,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 305,000 426,000 548,000 $1,279,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of...
Connect Homework: Chapter 11 ( Required information (The following information applies to the questions displayed below.) Part 1 of 2 The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. points Common stock-$10 par value, 150,000 shares authorized, 62,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 620,000 425,000 549,000 $1,594,000 eBook Hint On February 5, the directors declare a 2% stock dividend...
QUIZ Seved Required information [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. 02844 Common stock-$25 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,600,000 422,000 550,000 $2,572,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders...
Required information (The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 61,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,220,000 423,000 551,000 $2,194,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
Required information [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Common stock-$20 par value, 150,000 shares authorized, 65,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,300,000 525,000 675,000 $2,500,000 On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 63,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,260,000 422,000 546,000 $2,228,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
View History Bookmarks Window Help newconnect.mheducation.com +36 [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. $ 600,000 s 600,000 Common stock-$10 par value, 150,000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 425,000 550,000 $1,575,000 On February 5, the directors declare a 20% stock dividend distributable on February 28 to...
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4 Part 1 of 2 Required Information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. 3.63 points Connon stock-$10 par value, 150,880 shares authorized, 60,880 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 600,eee 423,eee 547,eee $1,578, eee eBook Hint On February 5. the directors declare a 2% stock dividend distributable...