Homework Answers
| 2 | |||||
| Before | After | ||||
| Book value per share | = | $ 32.910 | $ 29.384 | ||
| Total Book value of shares | = | $ 23,037 | $ 23,037 | ||
| Workings: | |||||
| Computation of Book value per common share: | |||||
| Book value per share | = | Stockholder's equity / Shares outstanding | |||
| Before | |||||
| Book value per share | = | $2205000/ 67000 | = | $ 32.910 | |
| Total Book value of shares | = | 700 shares X $33.910 | = | $ 23,037 | |
| After | |||||
| Book value per share | = | [$2205000 / (67000 X 1.12)] | = | $ 29.384 | |
| Total Book value of shares | = | [(700 shares X 1.12) X $29.384] | = | $ 23,037 | |
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0 Required information The following information applies to the questions displayed below. The stockholders' equity of...
Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX...
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 $1,300,000 525,000 675,000 Total stockholders' equity $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...
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-$15 par value, 150,000 shares authorised, 58,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 870,000 525.000 675,000 $2,070.000 On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
[The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at...
[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, 56,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 280,000 525, 800 675,000 $1,480,000 On February 5, the directors declare a 12% 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...
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...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Part 2 of 3 points Conmon stock-$10 par value, 150,000 shares authorized, 75,000 shares issued and outstanding Paid-in capital in exceas of par valuc, common stock Retained earnings Total atockholders' cguity $ 750,000 525,000 675, 000 $1,950, 000 eBook On February 5, the directors declare a 14% stock dividend...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Part 2 of 3 points Conmon stock-$10 par value, 150,000 shares authorized, 75,000 shares issued and outstanding Paid-in capital in exceas of par valuc, common stock Retained earnings Total atockholders' cguity $ 750,000 525,000 675, 000 $1,950, 000 eBook On February 5, the directors declare a 14% stock dividend...
Required information [The following information applies to the questions displayed below.] The stockholders’ equity of TVX...
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—$15 par value, 150,000 shares authorized, 56,000 shares issued and outstanding $ 840,000 Paid-in capital in excess of par value, common stock 525,000 Retained earnings 675,000 Total stockholders’ equity $ 2,040,000 On February 5, the directors declare a 12% stock dividend distributable on February 28 to the February 15 stockholders of record....
Check my work 3 Required information IThe following information applies to the questions displayed below.) The...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Part 2 of 3 points Conmon stock-$10 par value, 150,000 shares authorized, 75,000 shares issued and outstanding Paid-in capital in exceas of par valuc, common stock Retained earnings Total atockholders' cguity $ 750,000 525,000 675, 000 $1,950, 000 eBook On February 5, the directors declare a 14% stock dividend...
N Required information The following information applies to the questions displayed below The stockholders equity of...
N 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 (80134 24 Common stock 520 par value, 150,000 Shares authorized: 69,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1, ,000 525,990 675,000 $2,580, eee On February 5, the directors declare a 14% stock dividend distributable on February 28 to the...
Required information The following information applies to the questions displayed below.] The stockholders' equity of TVX...
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, 57,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,140,000 422,000 548,000 $2,110,000 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 $1,300,000 525,000 675,000 Total stockholders' equity $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-$15 par value, 150,000 shares authorised, 58,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 870,000 525.000 675,000 $2,070.000 On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
[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, 56,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 280,000 525, 800 675,000 $1,480,000 On February 5, the directors declare a 12% 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...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Part 2 of 3 points Conmon stock-$10 par value, 150,000 shares authorized, 75,000 shares issued and outstanding Paid-in capital in exceas of par valuc, common stock Retained earnings Total atockholders' cguity $ 750,000 525,000 675, 000 $1,950, 000 eBook On February 5, the directors declare a 14% stock dividend...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Part 2 of 3 points Conmon stock-$10 par value, 150,000 shares authorized, 75,000 shares issued and outstanding Paid-in capital in exceas of par valuc, common stock Retained earnings Total atockholders' cguity $ 750,000 525,000 675, 000 $1,950, 000 eBook On February 5, the directors declare a 14% stock dividend...
Check my work 3 Required information IThe following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Part 2 of 3 points Conmon stock-$10 par value, 150,000 shares authorized, 75,000 shares issued and outstanding Paid-in capital in exceas of par valuc, common stock Retained earnings Total atockholders' cguity $ 750,000 525,000 675, 000 $1,950, 000 eBook On February 5, the directors declare a 14% stock dividend...
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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-$20 par value, 150,000 shares authorized, 57,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,140,000 422,000 548,000 $2,110,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
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