Homework Answers
![Before Action Stock holders equity will be $500,000 Retained earnings will be $900,000 PARTICULARS After stock dividend After stock split Stock holders equity will be $500,000 Retained earnings will be $875,000 [$900,000-(5% of $500,000)] Stock holders equity will be $500,000 Stock holders Equity Retained earnings will be $900,000 Outstanding Shares 50,000 50,000 (50,000 2) i.e. Every 1 stock will split in2 Par value of Share $10 $10 $5](http://img.homeworklib.com/questions/31b4d620-7330-11ea-adb8-6d5bc1e85876.png?x-oss-process=image/resize,w_560)
Add Answer to:
E14-4
Compare ofects of a stock E14-4 On October 31, the stockholders' equity section of Heins...
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....
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...
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...
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...
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...
snihoqsR emoani bnaibo F143 (LO 1) On January 1, 2020, Frontier Corporation had $1,000,000 of common...
snihoqsR emoani bnaibo F143 (LO 1) On January 1, 2020, Frontier Corporation had $1,000,000 of common stock outstanding la was issued at par. It also had retained earnings of $750,000. The company issued 40,000 shares of Journ common stock at par on July 1 and earned net income of $400,000 for the vear. 0,001o ouai ni Inosn Instructions Journalize the declaration of a 15% stock dividend on December 10, 2020, for the following independent assumptions. a. Par value is $10,...
On October 31, the stockholders equity of Heins einn dennan lii int til.nd --ed earning แ.00...
On October 31, the stockholders equity of Heins einn dennan lii int til.nd --ed earning แ.00 Hein is eonadering t the folowing two courses of action: (1) declaring . 6% stock After Before Dividend Common stock In excess of par Total stockholders equity s Click if you would like to Show Work for this question
question 5 MLS had retained earnings of $150,000. The company issued 40,000 shares of poration had...
question 5
MLS had retained earnings of $150,000. The company issued 40,000 shares of poration had $1.000,000 of common stock outstanding Cmmon stock at par on July I and earned net income of $400,000 for the ycar. Jurnalize the declaration of a 15% stock dividend on December 10, 2020, for the following independent at was issucd at l. arid- and Journalize stock dive Anstructions asumptions. a Par value is $10, and market price is $18. A Par value is $5,...
The stockholders' equity section of Robert Corporation's balance sheet as of December 31, 2019 is as...
The stockholders' equity section of Robert Corporation's balance sheet as of December 31, 2019 is as follows: Common Stock. $1 par value; 1,500,000 shares issued and outstanding $ 1,500,000 Paid-in Capital in Excess of Par Common Stock 3,750,000 Preferred Stock, 5%, $50 par, cumulative, 20,000 shares issued and outstanding 1,000,000 Paid-in Capital in Excess of Par-Preferred Stock 1,250,000 Part A: On the next pages, record the journal entries for the events that occurred on the following dates during 2020. I...
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...
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...
snihoqsR emoani bnaibo F143 (LO 1) On January 1, 2020, Frontier Corporation had $1,000,000 of common stock outstanding la was issued at par. It also had retained earnings of $750,000. The company issued 40,000 shares of Journ common stock at par on July 1 and earned net income of $400,000 for the vear. 0,001o ouai ni Inosn Instructions Journalize the declaration of a 15% stock dividend on December 10, 2020, for the following independent assumptions. a. Par value is $10,...
On October 31, the stockholders equity of Heins einn dennan lii int til.nd --ed earning แ.00 Hein is eonadering t the folowing two courses of action: (1) declaring . 6% stock After Before Dividend Common stock In excess of par Total stockholders equity s Click if you would like to Show Work for this question
question 5
MLS had retained earnings of $150,000. The company issued 40,000 shares of poration had $1.000,000 of common stock outstanding Cmmon stock at par on July I and earned net income of $400,000 for the ycar. Jurnalize the declaration of a 15% stock dividend on December 10, 2020, for the following independent at was issucd at l. arid- and Journalize stock dive Anstructions asumptions. a Par value is $10, and market price is $18. A Par value is $5,...
The stockholders' equity section of Robert Corporation's balance sheet as of December 31, 2019 is as follows: Common Stock. $1 par value; 1,500,000 shares issued and outstanding $ 1,500,000 Paid-in Capital in Excess of Par Common Stock 3,750,000 Preferred Stock, 5%, $50 par, cumulative, 20,000 shares issued and outstanding 1,000,000 Paid-in Capital in Excess of Par-Preferred Stock 1,250,000 Part A: On the next pages, record the journal entries for the events that occurred on the following dates during 2020. I...
Most questions answered within 3 hours.
-
Question1 ) The STL provides similiar classes called stack and
queue, both of which gave functions...
asked 2 minutes ago -
For Questions 1-4, assume you have 5 bits available:
1. For (positive) integers: What is the...
asked 3 minutes ago -
convert grams into vloume with the density of water being at
.997514 g/cm^3 at 23.1 Celsuis...
asked 2 hours ago -
Foreman company obtained a $20,000, 6% loan on May 1, 2018.
Principal and interest will be...
asked 2 hours ago -
5. Problem 11.05 (Discounted Payback)
eBook
Project L costs $60,000, its expected cash inflows are $14,000
per...
asked 2 hours ago -
1. Which of the following is true about politics and health
organizations?
A. Health organizations are...
asked 3 hours ago -
A space vehicle is coasting at a constant velocity of 18.1 m/s
in the +y direction...
asked 4 hours ago -
5) Use the following balanced equation to answer questions
(a)-(i).
3 Cu(s) + 8 HNO3(aq) →...
asked 3 hours ago -
A three-year maturity bond with a 12% annual coupon rate is
currently traded at par $1000...
asked 3 hours ago -
1.
What is the minimum volume to use in the Spec 20 cuvette in order
to...
asked 4 hours ago -
A builder wants to install wall-to-wall carpeting in a living
room of length 8.87 m and...
asked 4 hours ago -
Organizational change can produce anxiety in those affected by
the change. In what ways can change...
asked 4 hours ago