1c) The Super Hero Supply Store was authorized to sell 1,000,000 shares and has issued 450,000...
If Entity C has 1,000,000 shares of common stock authorized, 400,000 common shares issued, and 5,000 shares treasury stock, what is the number of common share outstanding?
Dorado Company is authorized to issue 1,000,000 shares of common stock. They issued 400,000 shares of $5 par value stock for $18 per share. They repurchased 100,000 shares at $20 per share and reissued 20,000 of the Treasury shares at $22 per share. Assuming no shares were retired, what is the number of shares outstanding? a. 300,000 shares b. Cannot be determined based on the information given c. 900,000 shares d. 380,000 shares e. 320,000 shares
Q-4 Jennings Corp. has 1,000,000 shares of S1 par value stock authorized, 200,000 shares issued, and 150,000 shares outstanding. On June 1, 2010, Jennings Board of Directors declared a 10% stock dividend at a time that the stock carried a market value of S30. Prepare the journal entry required to record the transaction described above and then post it to the related T-accounts: Compute the number of shares outstanding after the June 1 2010 stock dividend. Jennings Corp. announced a...
QUESTION TO On 1/1/2019, Heavens, Ltd. has 1,000,000 shares of Common Stock authorized, 430,000 shares of Common Stock issued and 415,000 shares of Common Stock outstanding. During 2019, the company issued another 24,000 shares and reacquired 2,900 of its own shares as Treasury Stock. As of 12/31/2019, what is the number of shares of the company's Common Stock that would be outstanding? a. 454.000 Ob 1,000,000 OC.436,100 od 451,100 e 1,021,100. QUESTION 11 How many of the following accounts are...
Please answer parts A through C. A firm has 2,620,000 authorized shares, 590,000 issued shares, and 440,000 outstanding shares before completing a stock split. The shares have a par value of $0.12. The firm completes a forward 2-for-1 split. How many authorized shares does the firm have after the stock split? Your Answer: Answer A firm has 3,240,000 authorized shares, 600,000 issued shares, and 360,000, outstanding shares before completing a stock split. The shares have a par value of $0.08....
If a corporation has 100,000 shares authorized, 75,000 shares of which have been issued, and 5,000 shares of which are in treasury from repurchase, how many shares are considered to be issued and outstanding?
The Walton Firm has 1,000,000 common shares issued and outstanding. This stock was issued at a premium above its $10 per share par value. During the current fiscal year, the board of directors declared a 15 percent stock dividend that created 10,000 new shares issued to the existing stockholders when the price of the stock was $35 per share. Based on this information, what is the amount of the reduction recorded in stockholders' equity? a. $1,500,000 b. $3,500,000 c. $1,000,000...
If a company has 1,000,000 shares of $2 par value common stock authorized, and has 100,000 shares issued at $4 a share and 20,000 shares of common stock are held in the treasury, the general ledger account for common stock would have a balance of a. $4,000,000 b. $2,000,000 c. $400,000 d. $200,000 e. $160,000
A firm has 2,400,000 authorized shares, 530,000 issued shares, and 340,000 outstanding shares before completing a stock split. The shares have a par value of $0.09. The firm completes a forward 3-for-1 split. How many authorized shares does the firm have after the stock split?
A firm has 3,490,000 authorized shares, 520,000 issued shares, and 340,000 outstanding shares before completing a stock split. The shares have a par value of $0.09 before the stock split. The firm completes a reverse 2-to-1 split. What is the value in the common stock account after the stock split?