Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Accounting for Stock Splits and Dividends
The Addington Book Company has the following equity position. The stock is currently selling for $3 per share.
common Stock (8 million shares outstanding, $3 par)
16,000,000
Paid in excess
4,000,000
Retained earnings
12,000,000
Total common equity
32,000,000
Book value per share
$4.00
a. What was the average price at which the company originally sold its stock?
b. Reconstruct the equity statement above to reflect a four for one stock spit.
c. Reconstruct the statement to reflect a 12.5% stock dividend.
Prepare the journal entries to record the income tax expense, deferred income taxes, and the income taxes payable for 2012, 2013, and 2014. No deferred income taxes existed at the beginning of 2012.
Phoenix Industries has pulled off a miraculous recovery. Four years ago it was near bankruptcy. Today, it announced a $1 per share dividend to be paid a year from now, the first dividend since the crisis.
What is the maturity, and what are the yields? Discuss why Microsoft issued these bonds despite a large amount of cash holdings. Apple has not issued any bonds to date. Can you compare this with Microsoft and discuss why?
What approaches would you use to evaluate the value of brands and what assumptions underlie these approaches?
Hayacinth Macaw invests 60 percent of her funds in stockI and the balance in stock J. The standard deviation of returns on I is 10 percent, and on J it is 20 percent.
Define float and determine its 4 basic components? Which of these components is the same from both a collection & a payment perspective?
Calculate the Weighted Average Cost of Capital for three years to study and discuss the trend.
Evaluate each projects net present value, internal rate of return and payback period
Draw NPV profiles for the two replacement presses on the same set of axes, and discuss conflicting rankings of the two presses, if any, resulting from use of NPV and IRR decision techniques.
Draft a one-page report on the strengths and weaknesses of the company as an outcome of your analysis and discuss with your professor the following items appearing in these financial statements or search in the annual report
1. rickroll juice inc. has assets of 4500000 liabilities of 2400000 and 300000 in preferred stock outstanding.nbsp
Find the Weighted Average Cost of Capital and if Google wanted to lower their WACC, what could they do
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd