How many shares of common stock would be outstanding

Assignment Help Cost Accounting
Reference no: EM13343526

Prefered stock, 4% cumulative $100 par $100,000
paid in capital in excess of par- prefered 55,000
common stock $50 par 250,000
paid-in- capital in excess of par- common 235,000
retained earnings 455,300
treasury stock at cost 700 shares 96,000

compute the following
a:- 
1: # of share of common stock outstanding
2: # of shares of prefered stock outstanding
3: average issue price of common stock
4: Ave. issue price of prefered stock

b: how many shares of common stock would be outstanding if victory declares a 4 for 1 stock split
c: complete the part without the stock split in part b. prepare the journal entry if the board of directors declared and distributed a 15% stock dividends on the common stock when market price was $130 per share

Reference no: EM13343526

Questions Cloud

Explain what are the coefficients in front of cd and ag+ : Balance the following redox reaction if it occurs in acidic solution. What are the coefficients in front of Cd and Ag+ in the balanced reaction. Cd(s) + Ag+(aq) ? Ag(s) + Cd2+(aq)
Estimate the specific heat of the unknown sample : An aluminum calorimeter with a mass of 100 g contains 250 g of water. The calorimeter and water are in thermal equilibrium at 10.0°C. Determine the specific heat of the unknown sample
Find out the binding energy of an o-16 nucleus : Determine the binding energy of an O-16 nucleus. The O-16 nucleus has a mass of 15.9905 amu. A proton has a mass of 1.00728 amu, a neutron has a mass of 1.008665 amu, and 1 amu is equivalent to 931 MeV of energy.
Find the heat dissipated in the circuit during one period : A 12 ohm resistor, 16 mH inductor, and 95 microFcapacitor are connected in series to a 30 V (rms) source having variable frequency. Find the heat dissipated in the circuit during one period
How many shares of common stock would be outstanding : How many shares of common stock would be outstanding if victory declares and prepare the journal entry if the board of directors declared and distributed a 15% stock dividends on the common stock when market price was $130 per share
Evaluate the resulting discharge temperature : Calculate the resulting discharge temperature and the required horsepower for one stage compression of the following gas properties. Construct a plot of such discharge temperature and required horsepower versus one stage compression ratios of 2, 3..
Which is not associated with public accounting profession : Which one of the following is the service in which the CPA firm issues a written communication that expresses a conclusion about the reliability of a written assertion that is the responsibility of another party?
Important for the management of the diffusion process : 1.Is the assessment of the public image of the agency promoting the innovation important for the management of the diffusion process?
What is the maximum acceleration of the object : A 6.0 kg object attached to a horizontal spring oscillates with an amplitude A = 10 cm and a frequency f = 2.7 Hz. What is the maximum acceleration of the object

Reviews

Write a Review

 

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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