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Homework Answers
Answer : B = The Acquisition of treasury stock decreases total assets and decreases total stockholders equity.
>> All the statements are correct except above statement.
| Particulars | Debit | Credit |
| Treasury Stock account | XXX | |
| Cash Account | XXX |
>> On acquisition No effect on stockholders equity.
>> Treasury shares are included in issued shares, because shares are not cancelled.
>> Treasury stocks also receives dividend, but it retained by the company.
>> Treasury stock does not have voting rights because it already acquired by company.
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can someone please help me im stuck
10. All of the following are true concerning treasury...
Which of the following does not accurately describe Total Stockholder’s Equity? Represents the portion of business...
Which of the following does not accurately describe Total Stockholder’s Equity? Represents the portion of business assets not claimed by creditors Represents the value of ownership for stockholders Includes common stock and retained earnings Represents how much capital has been generated through issuance of stock All of the following accurately describe retained earnings except… The portion of total equity that is earned through profitable operations The accumulation of undistributed net income The portion of equity that is generated through issuing...
Acc 202 Which of the following does not accurately describe Total Stockholder’s Equity? Represents the portion...
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i need help on this can someone plaese help me this? CH13 Graded Written Homework Problem...
i
need help on this
can
someone plaese help me this?
CH13 Graded Written Homework Problem 1 In some cases, companies elect to pay dividends to stockholders in the form of additional shares of stock instead of cash. A stock dividend is normally declared only on common stock and issued to common stockholders. An analysis of Cheerios, Inc.'s common stock is as follows: Shares authorized Shares issued Shares outstanding Number of Common Shares 450,000 325,000 310,000 On February 1, Cheerios,...
Can someone help me with these problems im stuck on? Thank you! 1) 2) Problem 12.88...
Can someone help me with these problems im stuck on? Thank
you!
1)
2)
Problem 12.88 Part A 0 g of aluminum at 200 °C and 20 g of copper are dropped into 43 cm3 of ethyl alcohol at 15 °C. The temperature quickly comes to 24 °C What was the initial temperature of the copper? Express your answer using two significant figures.
Chapter 13 Assignment MATCHING a. Articles of incorporation. b. Incorporators. c. d. j. Total stockholder's equity....
Chapter 13 Assignment MATCHING a. Articles of incorporation. b. Incorporators. c. d. j. Total stockholder's equity. k.Legal capital. I. Treasury stock. m. Preferred stock. n.Common stock Board of directors. Registrars. e. Limited liability. Separation of ownership and control. O. Underwriter. Callable preferred stock. p. Convertible preferred stock. qCumulative preferred stock. g. h. Better debt to equity ratio. i. Decreased stockholder control. 1. An intermediary between the corporation and the investing public to help with a 2. 2. The number of...
Which of the following is not a part of the dividends process? Dividends are declared by...
Which of the following is not a part of the dividends process? Dividends are declared by board of directors Dividends are recorded as a liability to the stockholders Dividends are determined based on total stockholder’s equity Dividends are distributed based on shares of stock Stock splits will not: Affect total stockholder’s equity Increase the number of outstanding shares Reduce the par value of stock Increase the number of shares of stock on which dividends will be paid How are stock...
Can someone please help me prepare this entry for me, I am stuck on stupid right...
Can someone please help me prepare this entry for me,
I am stuck on stupid right now..
thanking you in advance!
Green Lawns, Inc., performs adjusting entries every month, but closes its accounts only at year- end. The following is the company's year-end adjusted trial balance dated December 31, current LO5-1, LO5-2, LO5-6 EXERCISE 5.2 year. Financial Statement Preparation Supplemental Topic, "The Worksheet." GREEN LAWNS, INC. ADJUSTED TRIAL BALANCE DECEMBER 31, CURRENT YEAR Cash $218,640 Accounts receivable Supplies Equipment Accumulated...
I was able to calculate everything except the Additional Capital. Can someone please help me? Please...
I was able to calculate everything except the Additional
Capital. Can someone please help me? Please show me how you came up
with the answer as well so I can understand how to do future
problems, please.
The balance sheet caption for common stock is the following: 14.28 points Common stock without par value, 3,600,000 shares authorized, 830,000 shares issued, and 700,000 shares outstanding $3,200,000 Required: a. Calculate the average price at which the shares were issued. b. If these...
this is due tomorrow. help me please can someone help me find the equity multiplier for...
this is due tomorrow. help me please
can someone help me find the equity multiplier for the year 2006 and the year 2007 from the sears annual report. I'm not sure where to look. the total assets is different on the consolidated balance sheet and on the (financial data on page 18) https://searsholdings.com/invest/annual-reports the formula for equity multiplier - total assets/total equity
hiiii, can someone please help me with accounting ??? Required information E11-2 Reporting Stockholders' Equity and Det...
hiiii, can someone please help me with accounting ???
Required information E11-2 Reporting Stockholders' Equity and Determining Dividend Policy [LO 11-2, LO 11-3] [The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $1 par value. During its first year, the following selected transactions were completed: a. Issued 6,000 shares of common stock for cash at $20 per share. b. Issued 2,000 shares of common stock for...
i
need help on this
can
someone plaese help me this?
CH13 Graded Written Homework Problem 1 In some cases, companies elect to pay dividends to stockholders in the form of additional shares of stock instead of cash. A stock dividend is normally declared only on common stock and issued to common stockholders. An analysis of Cheerios, Inc.'s common stock is as follows: Shares authorized Shares issued Shares outstanding Number of Common Shares 450,000 325,000 310,000 On February 1, Cheerios,...
Can someone help me with these problems im stuck on? Thank
you!
1)
2)
Problem 12.88 Part A 0 g of aluminum at 200 °C and 20 g of copper are dropped into 43 cm3 of ethyl alcohol at 15 °C. The temperature quickly comes to 24 °C What was the initial temperature of the copper? Express your answer using two significant figures.
Chapter 13 Assignment MATCHING a. Articles of incorporation. b. Incorporators. c. d. j. Total stockholder's equity. k.Legal capital. I. Treasury stock. m. Preferred stock. n.Common stock Board of directors. Registrars. e. Limited liability. Separation of ownership and control. O. Underwriter. Callable preferred stock. p. Convertible preferred stock. qCumulative preferred stock. g. h. Better debt to equity ratio. i. Decreased stockholder control. 1. An intermediary between the corporation and the investing public to help with a 2. 2. The number of...
Can someone please help me prepare this entry for me,
I am stuck on stupid right now..
thanking you in advance!
Green Lawns, Inc., performs adjusting entries every month, but closes its accounts only at year- end. The following is the company's year-end adjusted trial balance dated December 31, current LO5-1, LO5-2, LO5-6 EXERCISE 5.2 year. Financial Statement Preparation Supplemental Topic, "The Worksheet." GREEN LAWNS, INC. ADJUSTED TRIAL BALANCE DECEMBER 31, CURRENT YEAR Cash $218,640 Accounts receivable Supplies Equipment Accumulated...
I was able to calculate everything except the Additional
Capital. Can someone please help me? Please show me how you came up
with the answer as well so I can understand how to do future
problems, please.
The balance sheet caption for common stock is the following: 14.28 points Common stock without par value, 3,600,000 shares authorized, 830,000 shares issued, and 700,000 shares outstanding $3,200,000 Required: a. Calculate the average price at which the shares were issued. b. If these...
this is due tomorrow. help me please
can someone help me find the equity multiplier for the year 2006 and the year 2007 from the sears annual report. I'm not sure where to look. the total assets is different on the consolidated balance sheet and on the (financial data on page 18) https://searsholdings.com/invest/annual-reports the formula for equity multiplier - total assets/total equity
hiiii, can someone please help me with accounting ???
Required information E11-2 Reporting Stockholders' Equity and Determining Dividend Policy [LO 11-2, LO 11-3] [The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $1 par value. During its first year, the following selected transactions were completed: a. Issued 6,000 shares of common stock for cash at $20 per share. b. Issued 2,000 shares of common stock for...
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