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On August 31, 2010 Victory Corporation's common stock is priced at $40 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows. Assume that the company declares and immediately distributes a 100% stock dividend.
480,000
Total stockholders' equity
#2)
A company has 40,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $470,000 and the par value per common share is $10. The book value per share is:?
#3)
Assume Garrison Guitar Company declared a $0.28 per share cash dividend and that the company has 25,000 shares authorized, 19,000 shares issued and 12,000 shares of common stock outstanding. The general journal entry to record the dividend declaration is: ?
#4)
A company paid $.95 in cash dividends per share. Its earnings per share is $3.0 and its market price per share is $35. Its dividend yield equals (rounded):?
#5)
A corporation issued 300 shares of its $5 par value common stock in payment of a $2,070 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include:
Kaylyn is a 40% partner in the KKM Partnership. During the current year, KKM reported gross receipts of $160,000 and a charitable contribution of $10,000. The partnership paid office expenses of $100,000. In addition, KKM distributed $10,000 each ..
present value john longwaite will receive 100000 in 50 years. his friends are very jealous of him. if the funds are
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The Adams Company, a merchandising firm, has budgeted its activity for November according to the following information: The budgeted net income for November is
When a fast food chain store, say Wendy's, chooses to acquire the largest cattle ranch in Nebraska, this is said to be a clear example of vertical integration.
samson corporation is in the process of setting a selling price for a new product it has just designed. the following
Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units - Compute the April 30 inventory and the April cost of goods sold using the average cost method.
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During the past two years the following selected transactions occurred for Bass Boats Inc.
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On December 31 year 1 Todd Corporation issued 500 of its 10% $1,000 bonds at 105. Todd Corporation uses IFRS. The bonds were issued through an underwriter to whom Todd paid bond issue costs of $15,000. On December 31 Year 1 balance sheet Todd shou..
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