Discuss carla vista is considering the two courses action

Assignment Help Financial Accounting
Reference no: EM132505341

Question 1: On October 31, the stockholders equity section of Carla Vista Co balance sheet consists of common STOCK $396,000 and retained earnings $409,000. Carla Vista is considering the following two courses action:

1) Declaring a 5% stock dividend on the 99,000. $4 par value shares outstanding

2) Effecting a 2-for-1 stock split that will reduce par value to $2 per share

Reference no: EM132505341

Questions Cloud

Compute the free-cash-flows on the investment : Compute the Free-Cash-Flows on this investment (F CF = EBIT × (1 - t) + D&A - CAP EX - ?NOW C). Compute the NPV given a WACC of 10%.
Review the historical and contemporary growth of tourism : Title - Tourism and Sustainable Development. Briefly review the historical and contemporary growth of tourism in the country
Determine what the retailer effective cost of trade credit : Determine What is the retailer's effective cost of trade credit? Assume a 365-day year. Do not round intermediate calculations.
Prepare the journal entries for crane company transaction : Prepare the journal entries for the crane company transactions. Crane company had these transactions during the current period
Discuss carla vista is considering the two courses action : Carla Vista Co balance sheet consists of common STOCK $396,000 and retained earnings $409,000. Carla Vista is considering the two courses action
Make a profit in the short-run and long-run : If there is no general theory of Oligopoly how do we explain the behavior of firms in this market?
Discuss the current account and its components : Discuss the current account and its components. The capital account and financial account and their components.
What is l corporation net income for the year ending oct : Based on the accrual basis of accounting, what is L Corporation's net income for the year ending October 31, 2019? Cash received from customers
How important is the us deficit in traded goods : How important is the us deficit in traded goods in regard to balance of payments?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the cash flow coverage ratio based

Calculate the cash flow coverage ratio based on the following information: EBIT = $540,000; depreciation and amortization = $65,000

  What is the average contribution margin ratio for amadeus

Amadeus Manufacturing makes and sells three component products used in conventional conveyor belt and automated transport systems for other manufacturing firms. Their three products, A, B, and C, are sold for $ 90, $ 50, and $ 80, respectively. Using..

  During a period of rising prices

Which of the following statements about the FIFO inventory method is true? During a period of rising prices:

  Determine the number of actual labor-hours spent

The auto repair shop of Quality Motor Company uses standards to control the labor time and labor cost in the shop. The standard labor cost for a motor tune-up is given below: Job Standard Hours Standard Rate Standard Cost Motor tune-up 2.50 $4.50 $11..

  Uncollectible accounts

oung and Old Corporation (YOC) uses two aging categories to estimate uncollectible accounts. Accounts less than 60 days are considered young and have a 3% uncollectible rate. Accounts more than 60 days are considered old and have a 40% uncollectible ..

  Calculate the contribution per cd unit

Calculate the contribution per CD unit, break-even volume in CD units and dollars, net profit if 1 million CDs are sold and necessary CD unit volume to achieve a $200,000 profit.

  Show the differences in accounting handling of investments

show the differences in accounting handling of investments in which investor purchases between 20-50 percent of another

  Compute companys net profit margin for three years reported

Compute the company's net profit margin for the three years reported. What does the trend suggest to you? How much cash and cash equivalents does the company report at the end of the fiscal year?

  Determine the weighted-average number of common shares

During 2011, Arthur Corporation reported a net income of $3,059,000. On January 1, Arthur had 2,800,000 shares of common stock outstanding. The company issued an additional 1,680,000 shares of common stock on October 1. In 2011, the company had a sim..

  Preparation of income statement using contribution

preparation of income statement using contribution analysis.omstadt company produces and sells only two products that

  The debt-to-equity ratio for both this year and last year

Renbud Computer Services Co. (RCS) specializes in customized software development for the broadcast and telecommunications industries. The company was started by three people in 1973 to develop software primarily for a national network to be used in ..

  What was eatons total share of net loss for the first year

A partnership began its first year of operations with the following capital balances: Assume that the net loss for the first year of operations was $26,000 with net income of $52,000 in the second year. What was Eaton's total share of net loss for th..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd