Homework Answers
5) Option B liquidating dividend is which is not earned so $600000-$425000
6) Increase or decrease in share price in market price will not amount to change so option D
7)255000/15 is 17000 shares add newly added 1000 shares so preferred stock 18000
Common stock 300000/5 so 60000
So option B
8) Option D
Common stock is issued at premium of $14
And preferred share is issued at premium of $ 15
9)Option B
Par value or market value whichever lower is considered
10) Option A
Split of shares would not affect share capital so will remain as $10 market value doesn't play any role here
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5. On January 5, 20X9, Sardi Minerald Corp. declared a cash dividend of $600,000 to stockholders...
The stockholders' equity section of Karp Company at January 1, 2018 follows: Preferred Stock, 6%, $50...
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Please explain! Hatch Company has two classes of capital stock outstanding: 8%, $20 par preferred and...
Please explain!
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The stockholders' equity section of Robert Corporation's balance sheet as of December 31, 2019 is as...
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Please explain!
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