Homework Answers
Effect
| Stock dividend | Stock Split | |
| Number of shares outstanding | C | C |
| Par value per share | NC | C |
| Total par outstanding | C | NC |
| Retained earnings | C | NC |
| Total Stockholder's equity | NC | NC |
| Composition of stockholder's equity | NC | NC |
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Indicate the principal effects of a stock dividend versus a stock split on the issuing corporation....
Stock split versus stock dividend—Firm Mammoth Corporation is considering a? 3-for-2 stock split. It currently has...
Stock split versus stock
dividend—Firm
Mammoth Corporation is considering a? 3-for-2 stock split. It
currently has the? stockholders' equity position shown. The current
stock price is? $120 per share. The most recent? period's earnings
available for common stock is included in retained earnings.
a. What effect on? Mammoth's equity account
would result from the stock split?
b. What change in stock price would you expect
to result from the stock? split?
c. What is the maximum cash dividend per share...
ACT202: Chapter 13 Home Work Exercises Exercise 13-5: Large Stock Dividend and Stock Split: GIVEN: On...
ACT202: Chapter 13 Home Work Exercises Exercise 13-5: Large Stock Dividend and Stock Split: GIVEN: On June 30, 2017, Sharper Corporation's common stock is priced at $30.50 per share before any stock dividend or split, and the stockholders' equity section of its BS appears as follows: Common stock - $6 par value, 90,000 shares authorized, 36,000 shares issued and outstanding Paid-in capital in excess of par value, Common Stock Retained earnings Total Stockholders' Equity $ $ $ $ 216,000 100,000...
Stock split Firm Growth Industries' current stockholders' equity account is as follows: Preferred stock Common stock...
Stock split Firm Growth Industries' current stockholders' equity account is as follows: Preferred stock Common stock (200,000 shares at $4 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity. $ 400,000 800,000 200,000 800,000 $2,200.000 a. Indicate the change in par value and the number of shares outstanding if the firm declares a 2-for-1 stock split b. Indicate the change, in par value and the number of shares outstanding if the firm declares a 1-for-1% reverse stock...
Exercise 11-5 Stock dividends and splits LO P2 On June 30, 2017, Sharper Corporation's common stock...
Exercise 11-5 Stock dividends and splits LO P2 On June 30, 2017, Sharper Corporation's common stock is priced at $29.50 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows. Common stock-$6 par value, 60,000 shares authorized 24,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 144,000 100,000 244,000 $ 488.000 1. Assume that the company declares and immediately...
Stock split Firm Growth Industries' current stockholders' equity account is as follows: Preferred stock Common stock...
Stock split Firm Growth Industries' current stockholders' equity account is as follows: Preferred stock Common stock (400,000 shares at $4 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 400,000 1,600,000 200.000 800.000 $3,000,000 a. Indicate the change in par value and the number of shares outstanding if the firm declares a 2-for-1 stock split. a. The number of shares outstanding after a 2-for-1 stock split is shares (Round to the nearest whole number.)
On June 30, 2017, Sharper Corporation's common stock is priced at $26.00 per share before any...
On June 30, 2017, Sharper Corporation's common stock is priced at $26.00 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows Common stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 400,eee 100,000 500.000 $1,eee eee 1. Assume that the company declares and immediately distributes a 100% stock dividend. This event...
On June 30, 2017, Sharper Corporation’s common stock is priced at $28.50 per share before any...
On June 30, 2017, Sharper Corporation’s common stock is priced
at $28.50 per share before any stock dividend or split, and the
stockholders’ equity section of its balance sheet appears as
follows.
Common stock—$8 par value, 60,000 shares
authorized, 24,000 shares issued and outstanding
$
192,000
Paid-in capital in excess of par value, common stock
100,000
Retained earnings
292,000
Total stockholders’ equity
$
584,000
1. Assume that the company declares and
immediately distributes a 100% stock dividend. This event is...
Stock dividend versus stock split Firm The board of Wicker Home Health Care, Inc., is exploring...
Stock dividend versus stock split Firm The board of Wicker Home Health Care, Inc., is exploring ways to expand the number of shares outstanding in an effort to reduce the market price per share to a level that the firm considers more appealing to investors. The options under consideration are a 20% stock dividend and, alternatively, a 5-for-4 stock split. At the present time, the firm's equity account and other per-share information are given as follows: a. Show the effect...
P1 the stock in exchange for the lar On June 30, 2017, Sharper Corporation's common stock...
P1 the stock in exchange for the lar On June 30, 2017, Sharper Corporation's common stock is priced at $62 per share before any stock divi- d splits dend or split, and the stockholders' equity section of its balance sheet appears as follows Common stock-$10 par value, 120,000 shares authorized, 50,000 shares issued and outstanding $ 500,000 200,000 660,000 Paid-in capital in excess of par value, common stock Retained earnings $1,360,000 Total stockholders' equity 1. Assume that the company declares...
On June 30, 2015. Sharper Corporation's common stock is priced at $33.00 per share before any...
On June 30, 2015. Sharper Corporation's common stock is priced at $33.00 per share before any stock dividend or split, and the stockholders equlty section of its balance sheet appears as follows. Common stock-$8 par value, 85,000 shares authorized 34,000 shares issued and outstanding 272,000 oped 100,000 Paid-in capital in excess of par value, common stock 372,000 Retained earnings ook int 744,000 $ rint Total stockholders' equity rences Assume that the company declares and immediately distributes a 100% stock dividend....
Stock split versus stock
dividend—Firm
Mammoth Corporation is considering a? 3-for-2 stock split. It
currently has the? stockholders' equity position shown. The current
stock price is? $120 per share. The most recent? period's earnings
available for common stock is included in retained earnings.
a. What effect on? Mammoth's equity account
would result from the stock split?
b. What change in stock price would you expect
to result from the stock? split?
c. What is the maximum cash dividend per share...
ACT202: Chapter 13 Home Work Exercises Exercise 13-5: Large Stock Dividend and Stock Split: GIVEN: On June 30, 2017, Sharper Corporation's common stock is priced at $30.50 per share before any stock dividend or split, and the stockholders' equity section of its BS appears as follows: Common stock - $6 par value, 90,000 shares authorized, 36,000 shares issued and outstanding Paid-in capital in excess of par value, Common Stock Retained earnings Total Stockholders' Equity $ $ $ $ 216,000 100,000...
Stock split Firm Growth Industries' current stockholders' equity account is as follows: Preferred stock Common stock (200,000 shares at $4 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity. $ 400,000 800,000 200,000 800,000 $2,200.000 a. Indicate the change in par value and the number of shares outstanding if the firm declares a 2-for-1 stock split b. Indicate the change, in par value and the number of shares outstanding if the firm declares a 1-for-1% reverse stock...
Exercise 11-5 Stock dividends and splits LO P2 On June 30, 2017, Sharper Corporation's common stock is priced at $29.50 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows. Common stock-$6 par value, 60,000 shares authorized 24,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 144,000 100,000 244,000 $ 488.000 1. Assume that the company declares and immediately...
Stock split Firm Growth Industries' current stockholders' equity account is as follows: Preferred stock Common stock (400,000 shares at $4 par) Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 400,000 1,600,000 200.000 800.000 $3,000,000 a. Indicate the change in par value and the number of shares outstanding if the firm declares a 2-for-1 stock split. a. The number of shares outstanding after a 2-for-1 stock split is shares (Round to the nearest whole number.)
On June 30, 2017, Sharper Corporation's common stock is priced at $26.00 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows Common stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 400,eee 100,000 500.000 $1,eee eee 1. Assume that the company declares and immediately distributes a 100% stock dividend. This event...
On June 30, 2017, Sharper Corporation’s common stock is priced
at $28.50 per share before any stock dividend or split, and the
stockholders’ equity section of its balance sheet appears as
follows.
Common stock—$8 par value, 60,000 shares
authorized, 24,000 shares issued and outstanding
$
192,000
Paid-in capital in excess of par value, common stock
100,000
Retained earnings
292,000
Total stockholders’ equity
$
584,000
1. Assume that the company declares and
immediately distributes a 100% stock dividend. This event is...
Stock dividend versus stock split Firm The board of Wicker Home Health Care, Inc., is exploring ways to expand the number of shares outstanding in an effort to reduce the market price per share to a level that the firm considers more appealing to investors. The options under consideration are a 20% stock dividend and, alternatively, a 5-for-4 stock split. At the present time, the firm's equity account and other per-share information are given as follows: a. Show the effect...
P1 the stock in exchange for the lar On June 30, 2017, Sharper Corporation's common stock is priced at $62 per share before any stock divi- d splits dend or split, and the stockholders' equity section of its balance sheet appears as follows Common stock-$10 par value, 120,000 shares authorized, 50,000 shares issued and outstanding $ 500,000 200,000 660,000 Paid-in capital in excess of par value, common stock Retained earnings $1,360,000 Total stockholders' equity 1. Assume that the company declares...
On June 30, 2015. Sharper Corporation's common stock is priced at $33.00 per share before any stock dividend or split, and the stockholders equlty section of its balance sheet appears as follows. Common stock-$8 par value, 85,000 shares authorized 34,000 shares issued and outstanding 272,000 oped 100,000 Paid-in capital in excess of par value, common stock 372,000 Retained earnings ook int 744,000 $ rint Total stockholders' equity rences Assume that the company declares and immediately distributes a 100% stock dividend....
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