Homework Answers
Tabular
| Before action | After stock dividend | After stock split | |
| Stockholder's equity | |||
| Paid in Capital | |||
| Common Stock | 335000 | 355100 | 335000 |
| In excess of par | 12060 | ||
| Total paid in capital | 335000 | 367160 | 335000 |
| Retained earnings | 897000 | 864840 | 897000 |
| Total Stockholder's equity | 1232000 | 1232000 | 1232000 |
| Outstanding shares | 33500 | 35510 | 67000 |
| Par value of shares | 10 | 10 | 5 |
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On October 31, the stockholders equity of Heins einn dennan lii int til.nd --ed earning แ.00...
E14-4 Compare ofects of a stock E14-4 On October 31, the stockholders' equity section of Heins...
E14-4
Compare ofects of a stock E14-4 On October 31, the stockholders' equity section of Heins Company consists dividend and a stock splt. common stock $500,000 and retained earnings $900,000. Heins is considering the o a LO 2) nsidering the following two courses of action (1)declaring a 5% stock dividend on the 50,000, s 10 paresper shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce parv share. The current market price is $14 per share. We were...
Exercise 14-04On October 31, the stockholders’ equity section of CullumberCompany consists of common stock...
Exercise 14-04On October 31, the stockholders’ equity section of Cullumber Company consists of common stock $260,000 and retained earnings of $882,000. Cullumber is considering the following two courses of action: (1) declaring a 4% stock dividend on the 26,000, $10 par value shares outstanding, or (2) affecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share.Prepare a tabular summary of the effects of the alternative actions on the...
Exercise 11-15 (Video) On October 31, the stockholders' equity section of Cheyenne Corp. consists of common stock $...
Exercise 11-15 (Video) On October 31, the stockholders' equity section of Cheyenne Corp. consists of common stock $335,000 and retained earnings $897,000. Cheyenne is considering the following two courses of action: (1) declaring a 6% stock dividend on the 33,500, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share. Prepare a tabular summary of the effects of the alternative actions...
On October 31, the stockholders’ equity section of Omar Company consists of common
On October 31, the stockholders’ equity section of Omar Company consists of commonstock $600,000 and retained earnings $900,000. Omar is considering the following twocourses of action: (1) declaring a 5% stock dividend on the 60,000, $10 par value shares outstanding,or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The currentmarket price is $14 per share.InstructionsPrepare a tabular summary of the effects of the alternative actions on the components of stockholders’equity and outstanding shares....
Par value Is quity section of Heins E14.4 144 (LO1) On October 2 .000 and retained...
Par value Is quity section of Heins E14.4 144 (LO1) On October 2 .000 and retained earnings $900.000 ber 31, the stockholders' equity section of Heins Company consists of common stained earnings $900,000. Heins is considering the following two courses of action dividend on the 50,000, S10 par value shares outstanding, or (2) effecting a will reduce par value to $5 per share. The current market price is $14 per share. Compa and a .000 ,000 ,000 000 000 ze...
Question 5 View Policies Current Attempt in Progress On October 31, the stockholders' equity section of...
Question 5 View Policies Current Attempt in Progress On October 31, the stockholders' equity section of Blossom Company's balance sheet consists of common stock $320,000 and retained earnings $390,000. Blossom is considering the following two courses of action: (1) Declaring a 5% stock dividend on the 80,000 $4 par value shares outstanding Effecting a 2-for-1 stock spliț that will reduce par value to $2 per share. (2) The current market price is $13 per share. Prepare a tabular summary of...
On October 31, the stockholders' equity section of Cullumber Company's balance sheet consists of common stock $656,000 and retained earnings $392,000
On October 31, the stockholders' equity section of Cullumber Company's balance sheet consists of common stock $656,000 and retained earnings $392,000. Cullumber is considering the following two courses of action: (1) Declaring a 7% stock dividend on the 82,000 $8 par value shares outstanding (2) Effecting a 2-for-1 stock split that will reduce par value to $4 per share. The current market price is $15 per share. Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and...
COURCES Exercise 14-5 (Part Level Submission) On October 1, Little Bobby Corporation's stockholders' equity is as...
COURCES Exercise 14-5 (Part Level Submission) On October 1, Little Bobby Corporation's stockholders' equity is as follows. Common stock, $5 par value $383,500 Paid-in capital in excess of par-common stock 25,000 Retained earnings 169,000 Total stockholders' equity $577,500 Part On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $14 per share. (a) Study Your answer is correct. Compute the par value per share (1) before the stock dividend and...
Calculate the payout ratio, earnings per share, and return on common stockholders’ equity. (Round earning per...
Calculate the payout ratio, earnings per share, and return on
common stockholders’ equity. (Round earning per share
to 2 decimal places, e.g. $2.66 and all other answers to 1 decimal
place. 17.5%.)
The stockholders’ equity accounts of Monty Corp. on January 1,
2017, were as follows.
Preferred Stock (6%, $100 par noncumulative, 4,900 shares
authorized)
$294,000
Common Stock ($3 stated value, 335,000 shares authorized)
837,500
Paid-in Capital in Excess of Par Value—Preferred Stock
14,700
Paid-in Capital in Excess of Stated...
On October 1, Blossom Corporation's stockholders' equity is as follows. Common stock, $5 par value Paid-in...
On October 1, Blossom Corporation's stockholders' equity is as follows. Common stock, $5 par value Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $380,500 27,000 163,000 $570,500 On October 1, Blossom declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. (a) Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend $ $ $...
E14-4
Compare ofects of a stock E14-4 On October 31, the stockholders' equity section of Heins Company consists dividend and a stock splt. common stock $500,000 and retained earnings $900,000. Heins is considering the o a LO 2) nsidering the following two courses of action (1)declaring a 5% stock dividend on the 50,000, s 10 paresper shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce parv share. The current market price is $14 per share. We were...
Exercise 14-04On October 31, the stockholders’ equity section of Cullumber Company consists of common stock $260,000 and retained earnings of $882,000. Cullumber is considering the following two courses of action: (1) declaring a 4% stock dividend on the 26,000, $10 par value shares outstanding, or (2) affecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share.Prepare a tabular summary of the effects of the alternative actions on the...
Exercise 11-15 (Video) On October 31, the stockholders' equity section of Cheyenne Corp. consists of common stock $335,000 and retained earnings $897,000. Cheyenne is considering the following two courses of action: (1) declaring a 6% stock dividend on the 33,500, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share. Prepare a tabular summary of the effects of the alternative actions...
Par value Is quity section of Heins E14.4 144 (LO1) On October 2 .000 and retained earnings $900.000 ber 31, the stockholders' equity section of Heins Company consists of common stained earnings $900,000. Heins is considering the following two courses of action dividend on the 50,000, S10 par value shares outstanding, or (2) effecting a will reduce par value to $5 per share. The current market price is $14 per share. Compa and a .000 ,000 ,000 000 000 ze...
Question 5 View Policies Current Attempt in Progress On October 31, the stockholders' equity section of Blossom Company's balance sheet consists of common stock $320,000 and retained earnings $390,000. Blossom is considering the following two courses of action: (1) Declaring a 5% stock dividend on the 80,000 $4 par value shares outstanding Effecting a 2-for-1 stock spliț that will reduce par value to $2 per share. (2) The current market price is $13 per share. Prepare a tabular summary of...
COURCES Exercise 14-5 (Part Level Submission) On October 1, Little Bobby Corporation's stockholders' equity is as follows. Common stock, $5 par value $383,500 Paid-in capital in excess of par-common stock 25,000 Retained earnings 169,000 Total stockholders' equity $577,500 Part On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $14 per share. (a) Study Your answer is correct. Compute the par value per share (1) before the stock dividend and...
Calculate the payout ratio, earnings per share, and return on
common stockholders’ equity. (Round earning per share
to 2 decimal places, e.g. $2.66 and all other answers to 1 decimal
place. 17.5%.)
The stockholders’ equity accounts of Monty Corp. on January 1,
2017, were as follows.
Preferred Stock (6%, $100 par noncumulative, 4,900 shares
authorized)
$294,000
Common Stock ($3 stated value, 335,000 shares authorized)
837,500
Paid-in Capital in Excess of Par Value—Preferred Stock
14,700
Paid-in Capital in Excess of Stated...
On October 1, Blossom Corporation's stockholders' equity is as follows. Common stock, $5 par value Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $380,500 27,000 163,000 $570,500 On October 1, Blossom declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. (a) Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend $ $ $...
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