What will the market price per share be after the dividend

Assignment Help Accounting Basics

Reference no: EM133923164

Problem

Mmurphys incorporation has 31,800 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The balance sheet shows $87,550 in the capital in excess of par account, $31,800 in the common stock account, and $144,950 in the retained earnings account. The firm just announced a stock dividend of 14 percent. Get the instant assignment help. What will the market price per share be after the dividend?

Reference no: EM133923164

Questions Cloud

Cross-cultural miscommunications or misunderstandings : What kind of support will you seek to avoid any cross-cultural miscommunications or misunderstandings?

What total amount of bond interest expense will be recognize : The straight-line method is used to allocate interest expense. What total amount of bond interest expense will be recognized over the life of these bonds?

How has these changes addicted the accounts payable period : The fried green tomoatoes restaurant has increased its operating cycle from 98.6 days to 103.6 days. How has these changes addicted the accounts payable period?

Concerned and still interprets findings as abnormal : Call me when she is about 8 cm. The nurse remains concerned and still interprets the findings as abnormal. What action should the nurse take?

What will the market price per share be after the dividend : Mmurphys incorporation has 31,800 shares of stock outstanding with a par value of $1 per share. What will the market price per share be after the dividend?

What are the proper accounting treatment and journal entries : As described above, on January 1, 20X0 (the grant date), $30 million of sales. What are the proper accounting treatment and journal entries for each year?

What is the clients pulse pressure : oral temperature 37.2° C (98.9° F), apical pulse rate 80/min, radial pulse rate 62/min, respiratory rate 16/min. What is the client's pulse pressure?

How changes in pension plan assets are similar to changes : Discuss in approximately 200 to 300 words, how changes in pension plan assets are similar to changes for these two securities types.

How investment be classified on tanner-unfs balance sheet : How would this investment be classified on Tanner-UNF's balance sheet? At what amount will Tanner-UNF report its investment in December 31, 2027, balance sheet?

User Account

All Pages