A company has current assets of $608,000 and current liabilities of $245,000. The board of directors declares a cash dividend of $196,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend?

Q: For the year ending December 31, 2020, Oriole Inc. reports net income $142,000 and cash dividends…

A: Retained Earning:  Retained Earning are the undistributed income that belongs to the owner of the…

Q: On May 1, 2018, Love Corporation declared a $49,000 cash dividend to be paid on May 31 to…

A: Workings: Declared dividend of $ 49000. Payment date is May 31

Q: Concord Corp began the year by issuing $113000 of common stock for cash. The company recorded…

A: Net Income is the portion of revenue which is left with the company after all the expenses for the…

Q: Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $77.278…

A: Total Assets = Total Liabilities + Total Common Stock + Retained Earnings Therefore total assets are…

Q: The board of directors declared cash dividends totaling $118,100 during the current year. The…

A: Formula: Cash payments during the year = Dividends beginning of the year + Declared dividends during…

Q: ASsume that the following amounts are known for Colten Company for the current year: Retained…

A: Dividends are the part or share of profits that is distributed to the shareholders. It can in form…

Q: In its most recent financial statements, Nessler Inc. reported $55 million of net income and $1,045…

A: Retained Earnings is the amount of earnings that is accumulated and that is attributable to the…

Q: At the start of the year a company reported a balance of $300,000 in the Statement of Retained…

A: Formula: Ending retained earnings balance = Beginning retained earnings balance + Net income -…

Q: Lax Company provided the following information during the current year. Dividend received Dividend…

A: The Numerical has covered the Concept of Cash Flow Statement. There are 3 types of Activities in the…

Q: As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of…

A: The accounting equation states that assets equal to sum of liabilities and equity. Assets =…

Q: The following information was taken from the accounting records of ATLANTA Company for the year…

A: Cash flow statement is prepared in direct method

Q: The board of directors of Kendall Co. declared cash dividends totaling $390,000 during the current…

A: Cash Dividend :- Dividend pay by company out of earning in the form of cash to shareholders.

Q: Mouse Company provided the following information for the current year: Dividends declared P3,000,000…

A: Financing activities are the activities which is happened within the entity when it issues its…

Q: During 2022, its first year of operations, Kingbird, Inc. had revenues of $148200 and expenses of…

A: Retained earnings is the balance left from the profit after payment of dividends.

Q: The liabilities of a company at the end of the year are $500,000 and the total stockholders' equity…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: If a company issues 1 million R1 shares at R1.30 per share, what will be the effect on the statement…

A: Statement of cash flows: The statement of cash flows records all the sources and use of the cash in…

Q: A company has the following payments and receipts during its accounting period. Calculate the…

A: We have the following information: Issue of shares: $515,000 Loan stock repaid: $200,000 Share…

Q: The following information was taken from the accounting records of ATLANTA Company for the year…

A: Cash flow from Financing activities: It include transactions relating to the debt, equity, and…

Q: The management of Oriole Company is trying to decide whether it can increase its dividend. During…

A: Formula: Free cash flow = Net cash provided by operating activities - Dividends paid - Capital…

Q: If the beginning balance of retained earnings is $180,000, revenue is $85,000,expenses total…

A: Net income = Revenues - expenses.

Q: An entity provided the following information for the current year:   Dividend received 500,000…

A: From given transactions, 7 transactions fall under cash flow from operating activities. Cash…

Q: The board of directors of Tirico Corp. declared cash dividends of $260,000 during the current year.…

A:

Q: For the year ending December 31, 2022, Sheridan Inc. reports net income $147,000 and cash dividends…

A: Formula: Ending Retained earnings balance = Beginning retained earnings + Net income - Dividends…

Q: The declaration, record, and payment dates in connection with a cash dividend of $135,000 on a…

A: Given, Cash dividends = $135,000 Declaration date = January 12 Record date = March 13 Payment date =…

Q: The board of directors declared cash dividends totaling $229,400 during the current year. The…

A: The dividend is declared to the shareholders from the retained earnings of the business.

Q: A company had a beginning balance in retained earnings of $44,600. It had net income of $7,600 and…

A: Retained earnings:Retained earnings are that portion of profits which are earned by a company but…

Q: On January 1, 2022, Sheridan Company had retained earnings of $527,000. During the year, Sheridan…

A: Ending retained earnings balance = Beginning retained earnings balance + Net income - total dividend

Q: At the beginning of the year, Grouper Company had total assets of $794,000 and total liabilities of…

A: Stockholders Equity is the total amount attributable to the shareholders of the company. This is…

Q: On May 1, Year 3, Love Corporation declared a $57,700 cash dividend to be paid on May 31 to…

A: Date Accounts Debit Credit May 1 Retained earnings 57,700             Dividend payable…

Q: what amount should the firm report as accumulated profits

A: Statement of changes in equity for the year ended Dec 31,2021 is as follows,

Q: For the year, the Bridgewater Co. has net income of $27,400, net new equity of $12,000, and an…

A: Dividend is paid out of net income and income remaining after the dividend is added to retained…

Q: If the beginning balance of retained earnings is $180,000, revenue is $85,000, expenses total…

A: Formula: Ending balance of retained earnings = Beginning balance of retained earnings + Net income -…

Q: Silver Spoon Antiques had balances in common stock of $10,450 million and $10,675 million, for 2018…

A: Given: Cash flow to shareholders is $400,000  Common Stock in 2019 = $10,675,000  Common Stock in…

Q: A firm has a cash flow from assets of $200, cash flow to creditors of $125, and $15 of net equity…

A: Calculation of  amount of cash flow to stockholders:

Q: A company had a beginning balance in retained earnings of $428,000. It had net income of $64,000 and…

A: Retained earnings is a part of owner's equity which shows profits earned which are retained by the…

Q: How much in dividends were paid to shareholders during the year? Assume that In its most recent…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: On May 1, Year 3, Love Corporation declared a $74,000 cash dividend to be paid on May 31 to…

A: Cash flow statement is one of the prime financial statements representing summaries of cash…

Q: The management of Russel Ltd. is trying to decide whether it can increase its dividend. During the…

A: The net cash flow (FCF) represents the cash generated by a company after considering cash outflows…

Q: Selected information from the accounts of Arch Inc. on December 31, 2021 reveals that the total…

A: The expenses of the business reduces the income and revenues increases the income of the business.…

Q: White Company’s assets total $780,000 and its owners’ equity consists of capital stock of…

A: Balance sheet: This financial statement reports a company’s resources (assets) and claims of…

Q: Colorado Company has equity of $4,000,000 and a net income of $150,000. It has a payout ratio of 25%…

A: working notes : Cash dividend = Net income*Payout ratio = $150,000*25% =37500 Average assets = Net…

Q: An entity provided the following information for the current year: Dividend received 500,000…

A: The cashflow statement shows the cash inflows and cash outflows for the company. Only the cash…

Q: For the year ending December 31, 2020, Lily Inc. reports net income of $145,000 and cash dividends…

A: Given that  Net income $145000  cash dividends $87500  Retained earnings as on Jan 1= $222500

Q: For Year 2, the Sacramento Corporation had beginning and ending Retained Earnings balances of…

A: Compute net income earned during year 2 as shown below:

Q: M Corporation compiled the following information on December, 2021 Service Revenue Common Stock…

A: Shareholders' equity refers to the amount in the balance sheet that is attributable to the equity…

Q: What was the amount of cash payments to stockholders during the year?

A: Statement of cash flows: It is one of the financial statement that shows the cash and cash…

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.