User Account

All Pages

What the balance sheet look like after dividends are paid

Assignment Help Accounting Basics
Reference no: EM131773998

Question - Regular Dividends

The balance sheet for Levy Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding.

MARKET VALUE BALANCE SHEET

Cash

$19,000

Equity

$182,000

Fixed assets

163,000

 

 

Total

$182,000

Total

$182,000

The company has declared a dividend of $1.20 per share. The stock goes ex-dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? What will it sell for tomorrow? What will the balance sheet look like after the dividends are paid?

Reference no: EM131773998

Questions Cloud

Reduces cost to company and this is shared back : Reduces cost to company & this is shared back with ees. Ee participation is key. Piecework plan in which rate increases/item over a certain # produced.
What is the monopolist profit maximizing level of output : Marginal cost of production is constant and equal to $10, and there are no fixed costs. What is the monopolist's profit maximizing level of output?
Influence-power and politics-an organizational survival kit : Social influence through rational persuasion involves getting others to support your efforts to persuade someone.
Individual demand and supply of goods : How might such unrest impact the individual demand and supply of goods and resources in the affected country?
What the balance sheet look like after dividends are paid : Ignoring any tax effects, what is the stock selling for today? What will it sell for tomorrow? What the balance sheet look like after the dividends are paid
Different income levels in four different societies : Consider the scenario of three people (Neo, Trinity, and Tank) with different income levels in four different societies (A,B,C,D).
Draw the probability distribution of the cards : Suppose you are drawing cards out of a 30 card deck. The following table reports the value of each type of card and the frequency of each type.
Discuss interest is received by the straight-line method : Amortization is recorded when interest is received by the straight-line method
Figures from an organization financial statements : Which of the following figures from an organization's financial statements should be used as its flow rate when computing its inventory turns?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the payback period

Your brother, who is 6 years old, just received a trust fund that will be worth $25,000 when he is 21 years old. If the fund earns 0.08 interest compounded annually, what is the value of the fund today?

  The owners invested 10000 cash in the companythe company

the transactions for the newman company are below1. the owners invested 10000 cash in the company.2. the company

  Journalize the transaction-events-closing entries

The stockholders' equity accounts of Hashmi Company at January 1, 2010, are as follows: Journalize the transaction, events, and closing entries

  Young man corporation has temporary differences at december

Indicate how these balances would be presented in Youngman's December 31, 2010, balance sheet.

  Journal entry to record salaries and wages expense

Prepare the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable. Assume that wages earned during March will be paid during April.

  Prepare the journal entries to record the transactions

Prepare the journal entries to record each of the above transactions. The purchase of the treasury stock on May 4, 2016

  An exponential life distribution with mean ?

Mixture of exponentials. Suppose that a population contains a proportion p of units from an exponential life distribution with mean θ, and the remaining proportion 1 -p from an exponential life distribution with mean θ,. Proschan (1963) treats suc..

  Prepare the general journal entry

Use this information to prepare the General Journal entry (without explanation) for March 31. If no entry is required then write "No Entry Required."

  Journalize the entries in good form on the general journal

Journalize the entries in good form on the general journal tab in the template. Post the journal entries to the appropriate T-accounts on the ledger tab in the template.

  Find total recorded cost of automatic scorekeeping equipment

The automatic lane-cleaning machine. Thecost of repairing the component is $1,850. What is the totalrecorded cost of the automatic scorekeeping equipment?

  What is the budgeted net income for february

What is the budgeted net income for February.

  Basil company a cash-basis taxpayer had the following

basil company a cash-basis taxpayer had the following activity during 2013 sales in 2013 uncollected 40000 sales in

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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