Market price of the stock

Reference no: EM13138168

The company issued to the stockholders 100,000 rights. Ten rights are needed to buy one share of stock at $34. The rights were void after 30 days. The market price of the stock at this time was $36 per share.

Reference no: EM13138168

Questions Cloud

Cash inflow from investing activities : How many of the above items will appear as a cash inflow from investing activities on a statement of cash flows for the current year?

What is the net amount to be paid the employee : hours worked, 48; federal income tax withheld, $341; cumulative earnings for year prior to current week, $96,780; social security tax rate, 6.0% on maximum of $103,004; and Medicare tax rate, 1.5% on all earnings. What is the net amount to be paid..

Accounts receivable turnover for organization : Assume an organization has total current assets of $200,000, total current liabilities of $75,000, inventories of $50,000, prepaid expenses of $25,000, net sales of $770,000, and beginning accounts receivable of $42,000 and ending accounts receiva..

Company break-even point in dollar sales : Scott Company's variable expenses are 70% of sales. The company's break-even point in dollar sales is $2,420,000. If sales are $53,000 below the break-even point, the company would report a:

Market price of the stock : The company issued to the stockholders 100,000 rights. Ten rights are needed to buy one share of stock at $34. The rights were void after 30 days. The market price of the stock at this time was $36 per share.

What would be the necessary journal entry : On December 31, 2007, Drew Company issued $170,000, five-year bonds for $155,000. The stated rate of interest was 6 percent and interest is paid annually on December 31. What would be the necessary journal entry?

Financial leverage characteristic of long-term debt : The financial leverage characteristic of long-term debt results in:

Find out the exit temperature : Determining the Exit Temperature and Power Input of Air through a Compressor, Air at 150Pa and 310K enters a compressor of inlet diameter 2cm. The Compressor raises the pressure to 3.5 times the inlet pressure

Enty to record depreciation expense : on january 1, 2011, Sesame revised these estimates to a total useful life of 4 years and a salvage value of $10,000. Prepare Sesame's enty to record 2011 depreciation expense.

User Account

All Pages