1. What is the total shareholders' equity? 2. For how much per share was the treasury stock purchased? 3. What is the amount of the required preference dividends?
Q: Required: (Show all calculations and round ALL answers to 2 decimal places.) a. What is the par…
A: a. Par value of the preference share = $200,000 / 500 share Par value of the preference share = $400…
Q: The cash dividend is paid based on the number of shares: a. On circulation b. Authorized c.…
A: Cash dividend refers to funds paid to shareholders which constitutes part of company's present…
Q: Explain the different types of preferred stock dividends and their effect on book value per share.
A: Preferred stock: Preferred stock have a preference to receive dividend than before any common…
Q: If Treasury Stock is purchased, the Stockholder's Equity Section of the Balance Sheet will (select…
A: Treasury stock is a previously outstanding stock that the issuing corporation buys back from…
Q: Which of the following decreases total equity? A. A stock split B. Recording Revenue C. The…
A: A. A stock split: No change in total equity B. Recording Revenue: Increase in total equity C.…
Q: How much is the total share capital? What is the issue price of preferred shares? Per share What is…
A: Step 1 Share capital is the part of total stockholder’s equity.
Q: Market capitalisation is equal to O a. Number of shares x EPS O b. Number of shares x Book…
A: Market capitalisation means value of the company in the market.
Q: What is the weighted average number of ordinary shares outstanding?
A: Calculation of weighted average number of ordinary shares outstanding: Date Particulars Share…
Q: How are preliminary levels of debt, preferred stock, common stock,and dividends projected?
A: The debt, preferred stock, common stock and dividends are projected on the basis of the unlevered…
Q: How much is the EARNINGS PER SHARE, considering that the preference shares are cumulative and…
A: Earnings Per Share (EPS) Earning per share is an important tools of measuring the strength in the…
Q: How many shares of common stock are outstanding? How many shares of preferred stock are outstanding?
A: As per the BNED requirements, each question is answered to the maximum of the first 3 sub parts…
Q: What is the number of shares outstanding?
A: The shares which are outstanding is the shares which has been in the market which means those shares…
Q: How does cumulative preferred stock differ from non-cumulative preferred stock?
A: Hey, since there are multiple questions posted, we will answer first question. If you want any…
Q: 1. What is a dividend and what is the difference between cash dividends and stock dividends?
A: A shareholder is a person, company, or institution that owns shares at least one share in a…
Q: 1. How many shares of treasury stock are owned? fill in the blank 1 shares 2. What was the…
A: Since you have posted a multi-part question, we will solve the first first 3 sub-parts for you. For…
Q: Compute the book value per share of the common stock.
A:
Q: The value of a share of stock can be found from which of the following equations? a. (Value of the…
A: Equity value is the value of a company available to shareholders
Q: How will you compute outstanding shares? Does it include share premium and retained earnings?
A: Outstanding shares means common shares of the business as on a particular date. For example, a…
Q: 2.) Compare and Contrast the relationship of the number of shares to the dividend the stockholder…
A: Stockholder is the person who has invested money in the stock of the company. Stockholder gets…
Q: How does the value of a share of stock relate to dividends ?
A: Shares of stocks are the securities issued by the companies to arrange the funds. Companies pay…
Q: How do I calculate the net abount of stock issued when the firm pays X amount of dollars in…
A: Company give dividends out of net income to shareholders to reward shareholders So that they…
Q: A. Calculate the dividends paid to the preferred stockholders. B. Calculate the dividends paid to…
A: A. $120,000 B. $30,000
Q: Cash dividends are paid on the basis of the number of shares? instructions: what is the correct…
A: Cash dividend: The amount of cash provided by a corporation out of its distributable profits to its…
Q: How much is the total Share Capital? How much is the total Additional Paid In Capital? How much is…
A: The additional paid in capital is the capital which has been paid by the shareholders to the company…
Q: What will be the number of shares outstanding after the split? B) If the common stock had a market…
A: Stock split is a process of reducing the market price of the company by reducing par value. For this…
Q: Required: Provide the answers to each of the following questions: 1. What is the total issue price…
A: I am answering the first three sub-parts of first question as per bartleby policies. Please…
Q: What is the per share cost of the treasury stock purchased? Round your answer to 2 decimal places.
A: Treasury stock is brought back by issuing company to reduce the outstanding stock in the open…
Q: estion below. ) Which of the following is not a method to pay dividend to shareholders? Options O…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: What is a reverse stock split? What would be the effect of a reverse stock split on one million $1…
A:
Q: The total dividends to be given to common stock, if preferred stock is cumulative and fully…
A: Answer: Solution Given Preference share is cumulative and fully participating Total amount to be…
Q: 1. What percentage of total liabilities and stockholders’ equity is stockholders’ equity? What kinds…
A: 50%, The debt Equity ratio of the company will be 2:1.
Q: Question: What is Q's stock worth per share?
A: Information Provided: Current ROE = 20% Payout Ratio = 45% Current book value per share = $56 Cost…
Q: What does the P/E ratio measure? C . Th e earnings for one common share of stock.
A: Pe ratio = share price/ earning per share The PE ratio is the ratio of a company's share price to…
Q: re dividends? Do all stocks pay dividend
A: Dividends is the amount of profit distributed to shareholders of the company basis the no. of shares…
Q: Compute for the following: 1) How many shares were issued for the Preference Share Capital? 2) How…
A: Disclaimer: "Since the question you asked contains multiple sub-parts so we solved the first three…
Q: (b) Your answer is incorrect. If the preferred stock is not cumulative, how much of the $750,000…
A: Dividend arrears are paid for cumulative preferred stockholders. Dividend arrears are not paid for…
Q: When computing the basic earnings per share in a structure where there are cumulative preference…
A: Formula to calculate earnings per share is, Net Income attributable to equity share holders/…
Q: What is the effect of share dividends of the same class on the investment account, number o shares,…
A: 19. The correct option is b. When a share dividend is paid, it is credited to the investment…
Q: Using Problem 1, how much is the book value per ordinary share assuming the preference shares are…
A: The assumption is the preference shares are non-cumulative and participate up to 12% it means the…
Q: Treasury shares are most often reported as: A) A reduction of total shareholders' equity. B) A…
A: Treasury stock are the stocks which are bought back by the company , thus this reacquired stocks…
Q: Earnings per share (EPS) should be computed on the basis of A. Voting ordinary shares B. Voting…
A: Earnings per share (EPS) is the that value of share which will get when the net income which is…
Q: crease an
A: The shareholders' will be considered as the owners of the company. The bond holders, and debenture…
Q: The dividend yield rate is equal to the dividends per share divided by the par value per share of…
A: The given statement is FALSE
1. What is the total shareholders' equity?
2. For how much per share was the
3. What is the amount of the required preference dividends?
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- Common Dividends Fusion Payroll Service began 2019 with 1,200,000 authorized and 375,000 issued and outstand ing $5 par common shares. During 2019, Fusion entered into the following transactions: Declared a S0.30 per-share cash dividend on March 10. Paid the $0.30 per-share dividend on April 10. Repurchased 8,000 common shares at a cost of $18 each on May 2. Sold 1.500 unissued common shares for $23 per share on June 9. Declared a $0.45 per-share cash dividend on August 10. Paid the $0.45 per-share dividend on September 10. Declared and paid a 5% stock dividend on October 15 when the market price of the common stock was $25 per share. Declared a $0.50 per-share cash dividend on November 10. Paid the $0.50 per-share dividend on December 10. Required: Prepare journal entries for each of these transactions. (Note: Round to the nearest dollar.) Determine the total dollar amount of dividends (cash and stock) for the year. CONCEPTUAL CONNECTION Determine the effect on total assets and total stockholders equity of these dividend transactions.Stock Dividends Crystal Corporation has the following information regarding its common stock: S10 par. with 500.000 shares authorized, 213,000 shares issued, and 183,700 shares outstanding. On August 22, 2019, Crystal declared and paid a 15% stock dividend when the market price of the common stock was $30 per share. Required: Prepare the journal entries to record declaration and payment of this stock dividend. Prepare the journal entries to record declaration and payment assuming it was a 30% stock dividend.Contributed Capital Adams Companys records provide the following information on December 31, 2019: Additional information: 1. Common stock has a 5 par value, 50,000 shares are authorized, 15,000 shares have been issued and are outstanding. 2. Preferred stock has a 100 par value, 3,000 shares are authorized, 800 shares have been issued and are outstanding. Two hundred shares have been subscribed at 120 per share. The stock pays an 8% dividend, is cumulative, and is callable at 130 per share. 3. Bonds payable mature on January 1, 2023. They carry a 12% annual interest rate, payable semiannually. Required: Prepare the Contributed Capital section of the December 31, 2019, balance sheet for Adams. Include appropriate parenthetical notes.
- Preferred Dividends Eastern Inc.s equity includes 8%, $25 par preferred stock. There are 100,000 shares authorized and 45,000 shares outstanding. Assume that Eastern declares and pays preferred dividends quarterly. Required: Prepare the journal entry to record declaration of one quarterly dividend. Prepare the journal entry to record payment of the one quarterly dividend.Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 2016, were as follows: a. Issued 15,000 shares of 20 par common stock at 30, receiving cash. b. Issued 4, 000 shares of 80 par preferred 5% stock at 100, receiving cash. c. Issued 500,000 of 10-year, 5% bonds at 104, with interest payable semiannually. d. Declared a quarterly dividend of 0.50 per share on common stock and 1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held, and 20,000 shares of preferred stock were outstanding. e. Paid the cash dividends declared in (d). f. Purchased 7,500 shares of Solstice Corp. at 40 per share, plus a 150 brokerage commission. The investment is classified as an available-for-sale investment. g. Purchased 8,000 shares of treasury common stock at 33 per share. h. Purchased 40,000 shares of Pinkberry Co. stock directly from the founders for 24 per share. Pinkberry has 125,000 shares issued and outstanding. Equinox Products Inc. treated the investment as an equity method investment. i. Declared a 1.00 quarterly cash dividend per share on preferred stock. On the date of record, 20,000 shares of preferred stock had been issued. j. Paid the cash dividends to the preferred stockholders. k. Received 27,500 dividend from Pinkberry Co. investment in (h). l. Purchased 90,000 of Dream Inc. 10-year, 5% bonds, directly from the issuing company, at their face amount plus accrued interest of 37 5. The bonds are classified as a held-to-maturity long -term investment. m. Sold, at 38 per share, 2,600 shares of treasury common stock purchased in (g). n. Received a dividend of 0 .60 per share from the Solstice Corp. investment in (f). o. Sold 1,000 shares of Solstice Corp. at 45, including commission. p. Recorded the payment of semiannual interest on the bonds issue d in (c) and the amortization of the premium for six months. The amortization is determined using the straight-line method . q. Accrued interest for three months on the Dream Inc. bonds purchased in (I). r. Pinkberry Co. recorded total earnings of 240 ,000. Equinox Products recorded equity earnings for its share of Pinkberry Co. net income. s. The fair value for Solstice Corp. stock was 39. 02 per share on December 31, 2016. The investment is adjusted to fair value , using a valuation allowance account. Assume Valuation Allowance for Available-for-Sale Investments h ad a beginning balance of zero. Instructions 1. Journalize the selected transactions. 2. After all of the transaction s for the year ended December 31, 201 6, had been poste d [including the transactions recorded in part (1) and all adjusting entries), the data that follows were taken from the records of Equinox Products Inc. a. Prepare a multiple-step in come statement for the year ended December 31, 201 6, concluding with earnings per share . In computing earnings per share, assume that the average number of common shares outstanding was 100,000 and preferred dividends were 100,000. ( Round earnings per share to the nearest cent.) b. Prepare a retained earnings statement for the year ended December 31, 20 6. c. Prepare a balance sheet in report form as of December 31, 2016.Common Dividends Thompson Payroll Service began in 2019 with 1,500,000 authorized and 820,000 issued and outstanding S8 par common shares. During 2019, Thompson entered into the following transactions: Declared a S0.20 per-share cash dividend on March 24. Paid the S0.20 per-share dividend on April 6. Repurchased 13,000 common shares for the treasury at a cost of S12 each on May 9. Sold 2,500 unissued common shares for $15 per share on June 19. Declared a $0.40 per-share cash dividend on August 1. Paid the $0.40 per-share dividend on September 14. Declared and paid a 10% stock dividend on October 25 when the market price of the common stock was $15 per share. Declared a 50.45 per-share cash dividend on November 20. Paid the $0.45 per-share dividend on December 20. Required: Prepare journal entries for each of these transactions. (Note: Round to the nearest dollar.) What is the total dollar amount of dividends (cash and stock) for the year? CONCEPTUAL CONNECTION Determine the effect on total assets and total stockholders equity of these dividend transactions.
- Calculating the Number of Shares Issued Castalia Inc. issued shares of its $0.80 par value common stock on September 4, 2019, for $8 per share. The Additional Paid-In Capital-Common Stock account was credited for 5612,000 in the journal entry to record this transaction. Required: How many shares were issued on September 4, 2019?Treasury Stock, Cost Method Bush-Caine Company reported the following data on its December 31, 2018, balance sheet: The following transactions were reported by the company during 2019: 1. Reacquired 200 shares of its preferred stock at 57 per share. 2. Reacquired 500 shares of its common stock at 16 per share. 3. Sold 100 shares of preferred treasury stock at 58 per share. 4. Sold 200 shares of common treasury stock at 17 per share. 5. Sold 100 shares of common treasury stock at 9 per share. 6. Retired the shares of common stock remaining in the treasury. The company maintains separate treasury stock accounts and related additional paid-in capital accounts for each class of stock. Required: 1. Prepare the journal entries required to record the treasury stock transactions using the cost method. 2. Assuming the company earned a net income in 2019 of 30.000 and declared and paid dividends of 10,000, prepare the shareholders equity section of its balance sheet at December 31, 2019.Cary Corporation has 50,000 shares of 10 par common stock authorized. The following transactions took place during 2019, the first year of the corporations existence: Sold 5,000 shares of common stock for 18 per share. Issued 5,000 shares of common stock in exchange for a patent valued at 100,000. At the end of Carys first year, total contributed capital amounted to: a. 40,000 b. 90,000 c. 100,000 d. 190,000
- Cash Dividends on Common and Preferred Stock Lemon Inc. has the following information regarding its preferred and common stock: Preferred stock, S30 par, 12% cumulative; 300,000 shares authorized; 150,000 shares issued and outstanding Common stock, $2 par; 2,500,000 shares authorized; 1,200,000 shares issued; 1,000,000 outstanding As of December 31, 2019, Lemon was 3 years in arrears on its dividends. During 2020, Lemon declared and paid dividends. As a result, the common stockholders received dividends of $0.45 per share. Required: What was the total amount of dividends declared and paid? What journal entry was made at the date of declaration?Raun Company had the following equity items as of December 31, 2019: Preferred stock, 9% cumulative, 100 par, convertible Paid-in capital in excess of par value on preferred stock Common stock, 1 stated value Paid-in capital in excess of stated value on common stock| Retained earnings The following additional information about Raun was available for the year ended December 31, 2019: 1. There were 2 million shares of preferred stock authorized, of which 1 million were outstanding. All 1 million shares outstanding were issued on January 2, 2016, for 120 a share. The preferred stock is convertible into common stock on a 1-for-1 basis until December 31, 2025; thereafter, the preferred stock ceases to be convertible and is callable at par value by the company. No preferred stock has been converted into common stock, and there were no dividends in arrears at December 31, 2019. 2. The common stock has been issued at amounts above stated value per share since incorporation in 2002. Of the 5 million shares authorized, 3,580,000 were outstanding at January 1, 2019. The market price of the outstanding common stock has increased slowly but consistently for the last 5 years. 3. Raun has an employee share option plan where certain key employees and officers may purchase shares of common stock at 100% of the marker price at the date of the option grant. All options are exercisable in installments of one-third each year, commencing 1 year after the date of the grant, and expire if not exercised within 4 years of the grant date. On January 1, 2019, options for 70,000 shares were outstanding at prices ranging from 47 to 83 a share. Options for 20,000 shares were exercised at 47 to 79 a share during 2019. During 2019, no options expired and additional options for 15,000 shares were granted at 86 a share. The 65,000 options outstanding at December 31, 2019, were exercisable at 54 to 86 a share; of these, 30,000 were exercisable at that date at prices ranging from 54 to 79 a share. 4. Raun also has an employee share purchase plan whereby the company pays one-half and the employee pays one-half of the market price of the stock at the date of the subscription. During 2019, employees subscribed to 60,000 shares at an average price of 87 a share. All 60,000 shares were paid for and issued late in September 2019. 5. On December 31, 2019, there was a total of 355,000 shares of common stock set aside for the granting of future share options and for future purchases under the employee share purchase plan. The only changes in the shareholders equity for 2019 were those described previously, the 2019 net income, and the cash dividends paid. Required: Prepare the shareholders equity section of Rauns balance sheet at December 31, 2019. Substitute, where appropriate, Xs for unknown dollar amounts. Use good form and provide full disclosure. Write appropriate notes as they should appear in the publisher financial statements.Outstanding Stock Lars Corporation shows the following information in the stockholders equity section of its balance sheet: The par value of common stock is S5, and the total balance in the Common Stock account is $225,000. There are 13,000 shares of treasury stock. Required: What is the number of shares outstanding? Use the following information for Exercises 10-58 and 10-59: Stahl Company was incorporated as a new business on January 1, 2019. The company is authorized to issue 600,000 shares of $2 par value common stock and 80,000 shares of 6%, S20 par value, cumulative preferred stock. On January 1, 2019, the company issued 75,000 shares of common stock for $15 per share and 5,000 shares of preferred stock for $25 per share. Net income for the year ended December 31, 2019, was $500,000.