Express inc has a total of 80000 shares of common stock

Assignment Help Accounting Basics
Reference no: EM13607510

Express, Inc., has a total of 80,000 shares of common stock outstanding and no preferred stock. Total stockholders' equity at the end of the current year amounts to $5 million and the market value of the stock is $66 per share. At year-end, the company declares a 10 percent stock dividend-one share for each 10 shares held. If all parties concerned clearly recognize the nature of the stock dividend.What should you expect the market price per share of the common stock to be on the ex-dividend date?

Reference no: EM13607510

Questions Cloud

For each of the two months calculate the equivalent units : old victrola inc. produces top-quality stereos and uses process costing. the manufacture of stereos is such that direct
A charge of 239 c is at the origin when charge q is placed : a charge of 23.9 c is at the origin. when charge q is placed at 2 m along the positive x axis the electric field at 2 m
The management of rathburn corporation would like to : the management of rathburn corporation would like to investigate the possibility of basing its predetermined overhead
You just received a 5000 gift from your grandmother you : you just received a 5000 gift from your grandmother. you have decided to save this money so that you can gift it to
Express inc has a total of 80000 shares of common stock : express inc. has a total of 80000 shares of common stock outstanding and no preferred stock. total stockholders equity
The rope holding the load is cut a how will the load move : a baloon rises with a constant velocity.a load is tied by a rope to the basket. when the baloon is at altitude h0 the
A car travels around 200 m radius flat curve at 40 ms at : a car travels around 200 m radius flat curve at 40 ms at constant speed. what is the minimum static coefficient of
You borrow 165000 to buy a house the mortgage rate is 75 : you borrow 165000 to buy a house. the mortgage rate is 7.5 percent and the loan period is 30 years. payments are made
Harold corporation just started business in january 2012 : harold corporation just started business in january 2012. they has no beginning inventories. during 2012 they

Reviews

Write a Review

Accounting Basics Questions & Answers

  Kepler corporation had 300000 shares of common stock

kepler corporation had 300000 shares of common stock outstanding during the year. kepler declared and paid cash

  During the period, labor costs incurred on account amounted

From the following, select the entry to record the factory overhead applied to production.

  Rupert wanted to give his son and daughter a gift of 10000

1 during the current year mr. french received state unemployment benefits of 2500 and 700 of supplemental unemployment

  A population of 1000 students spends an average of 1050 a

a population of 1000 students spends an average of 10.50 a day on dinner. the standard deviation of the expenditure is

  Madison industries has equivalent units of 2000 for

madison industries has equivalent units of 2000 for materials and for conversion costs. total manufacturing costs are

  A recent article in vitality magazine reported that the

a recent article in vitality magazine reported that the mean amount of leisure time per week for american men is 40.0

  Determine the break-even sales (units) for the following:

For the coming year, no changes are expected in revenues and costs, except that a new wage contract will increase variable costs by $6 per unit.

  What is the point of the three examples why these three

would you please explain the following example for me? thank youif economy a whose profit margin is 10 percent loses

  Make the journal entries to record merrys transactions in

on august 31 2010 merry company acquired four 1000 face value bonds with a 10 interest rate at face value plus accrued

  Calculate ilex corporation tax liability

For its 2010 tax year, Ilex Corporation has ordinary income of $240,000, a short-term capital loss of $60,000, and a long-term capital gain of $20,000. Calculate Ilex Corporation's tax liability for 2010.

  Record the purchase of the drill press and the depreciation

at the beginning of 2012 precision manufacturing purchased a new computerized drill press for 50000. it is expected to

  The florida lottery agrees to pay the winner 276000 at the

the florida lottery agrees to pay the winner 276000 at the end of each year for the next 20 years. what is the future

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