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The company with the common equity accounts shown here has declared a 10 percent stock dividend...
The company with the common equity accounts shown here has declared a 14 percent stock dividend at a time when the market value of its stock is $47 per share. $120.000 Common stock ($1 par value) Capital surplus 1,550,000 3,868,000 Retained earnings Total owners' equity $5,838,000 Show the new equity account balances after the stock dividend distribution. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Common stock Capital surplus Retained earnings Total...
The company with the common equity accounts shown here has declared a 10 percent stock dividend when the market value of its stock is $36 per share. Common stock ($1 par value) Capital surplus $430,000 855,000 3,810,800 Retained earnings 5,095,800 $ Total owners' equity What would be the number of shares outstanding, after the distribution of the stock dividend? (Do not round intermediate calculations.) New shares outstanding What would the equity accounts be after the stock dividend? (Do not round...
The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is $53 per share. The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is $53 per share. Common stock ($1 par value) Capital surplus Retained earnings $ 245,000 618,000 2,758,300 Total owners' equity $3,621,300 What would be the number of shares outstanding, after...
The company with the common equity accounts shown here has declared a stock dividend of 10 percent at a time when the market value of its stock is $34 per share. Common stock ($1 par value) $ 420,000 Capital surplus 853,000 Retained earnings 3,790,800 Total owners' equity $ 5,063,800 What would be the number of shares outstanding, after the distribution of the stock dividend? (Do not round intermediate calculations.) New shares outstanding What would the equity accounts be...
The company with the common equity accounts shown here has declared a 15 percent stock dividend when the market value of its stock is $41 per share. Common stock ($1 par value) $ 395,000 Capital surplus 848,000 Retained earnings 3,740,800 Total owners' equity $ 4,983,800 What would be the number of shares outstanding, after the distribution of the stock dividend? New shares outstanding What would the equity accounts be after the stock dividend? Common stock $ Capital surplus Retained earnings...
The company with the common equity accounts shown here has decided on a two-for- one stock split. The firm's 67-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 10 percent over last year's dividend on the presplit stock. Common stock ($1 par value $ 225,000 Capital surplus Retained earnings 1,070,000 2,543,000 $ 3,838,000 Total owners' equity a. What is the new par value of the stock? (Do not round intermediate calculations and round your answer to 2...
The company with the common equity accounts shown here has decided on a two-for- one stock split. The firm's 67-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 10 percent over last year's dividend on the presplit stock. 225,000 Common stock ($1 par value) Capital surplus Retained earnings 1,070,000 2,543,000 $3,838,000 Total owners' equity a. What is the new par value of the stock? (Do not round intermediate calculations and round your answer to 2 decimal places,...
Chapter 14 - Dividends and Dividend Policy Saved The company with the common equity accounts shown here has declared a 13 percent stock dividend at a time when the market value of its stock is $53 per share. $410,000 Common stock (51 par value) Capital surplus Skipped 1,573,000 3,866,000 Retained earnings Total owners' equity $5,849,000 Show the new equity account balances after the stock dividend distribution. (Do not round intermediate calculations and round your answers to the nearest whole number,...
The owners’ equity accounts for Overby International are shown here: Common stock ($1 par value) $ 55,000 Capital surplus 239,000 Retained earnings 790,000 Total owners’ equity $ 1,084,000 a. Assume the company's stock currently sells for $32 per share and a stock dividend of 10 percent is declared. How many new shares will be distributed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) New shares issued 5500 Show the new balance for...
The owners’ equity accounts for Overby International are shown here: Common stock ($1 par value) $ 35,000 Capital surplus 212,000 Retained earnings 700,000 Total owners’ equity $ 947,000 a. Assume the company's stock currently sells for $23 per share and a stock dividend of 12 percent is declared. How many new shares will be distributed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) New shares issued ...