A corporation has 800,000 ordinary shares outstanding, Recently, the corporation bought 100,000 shares of its own stock. At the end of the year, the corporation has P320,000 available to distribute to ordinary shareholders. What are the dividends paid per share? please provide a clear solution. Thank you.

Q: Provide the journal entry that would be necessary to record the transaction.

A: A journal entry is the record of economic or non-economic transactions in the business containing…

Q: A company bought back 57,000 shares of its own common stock at $14 per share. Four months later the…

A: Given Information: Company bought back 57,000 shares at price $14 After 4 month 20,000 shares were…

Q: a company currently has 200,000 shares issued and 190,000 shares outstanding. if the company…

A: Cost Accounting includes procedures such as gathering, recording, analyzing, summarizing,…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

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

Q: What will be the amount of shares outstanding and the share price after the stock dividend.

A: Total number of shares outstanding  = shares*(1+stock dividend) =200000*(1+10%) = 220000 shares…

Q: Moroccan Marble Company, a public company, produces custom marble furniture. On January 1, 2020, it…

A: The journal entries are prepared to keep the record of day to day transactions of the business.

Q: Lucky Corporation began the year with a simple capital structure consisting of $240,000 shares of…

A: Formula: Earnings per share = Net Income / outstanding Weighted average common shares Division of…

Q: Disraeli Corporation has 10,000 shares of 10%, $100 par value, cumulative preferred stock…

A: Dividend to common stockholders = 50000 shares x $1.50 per share = $75,000 Dividend to Preferred…

Q: If your corporation declares a stock repurchase how many shares of stock can your corporation…

A: Answer:-182 shares Number of stock repurchased = anoubt /stock price Given amount =10000 Price = 55

Q: A corporation has 4,000 shares of 10% noncumulative non participating preference shares outstanding,…

A: Preferred shares are nonparticipating means they will receive only pre fixed dividend. Noncumulative…

Q: the total number of outstanding shares of West Corporation amounts to?

A: Given information is: If West Corporation has 80,000 ordinary shares authorized, has 50,000 ordinary…

Q: The company in the previous question, Dodd Corporation, has 100,000shares of common stock owned by…

A: The computation as follows: Hence, the total entity value is $5,700,000.

Q: Wookie Inc. has the following shareholders equity information at the beginning of the year: 1000…

A: Given:    1,000 shares-$5 par value, issued and outstanding $ 5,000    Stock Split 2:1…

Q: ORANGE Corporation has outstanding 20,000 shares of 8% preference shares with a ₱10 par value and…

A: The dividend is a method of distributing profits among the shareholders. The preference shareholder…

Q: What would be the amount of cash dividend per share if your corporation declares a cash dividend?

A: Cash dividend per share = available amount/ total number of shares stock outstanding  Given amount =…

Q: On January 1, 2021, Blossom Corporation had 980,000 shares of common stock outstanding. On March 1,…

A: Calculation of weighted average number of shares : Outstanding shares on JAN 1, 2021 (980,000 *…

Q: Casper Energy Exploration reports that the corporation's assets are valued at $120,000,000, its…

A: solution given Total assets 120000000 Total liabilities 76000000 Number of shares…

Q: Trans Union Corporation issued 5,000 shares for $50 per share in the current year, and it…

A:

Q: Netpass Company has 600,000 shares of common stock authorized, 510,000 shares issued, and 240,000…

A: Dividend is paid on the shares outstanding. Shares outstanding = Shares issued - Treasury shares…

Q: A corporation reacquires 60,000 shares of its own $10 par common stock for $3,000,000, recording it…

A: Authorized shares are the maximum number of shares a company is allowed to issue to shareholders as…

Q: During a recent year, Emerson Electric paid an annual dividend of $0.64 per share. Calculate the…

A: The share price is the current market price of the share. It is the price of the share at any…

Q: V Sport Fitness has 750,000 shares authorized in the Charter, and they have 200,000 shares Issued…

A: No. of shares issued and outstanding = No. of shares issued - shares in Treasury Stock = 200,000…

Q: Delafield Corporation has a single class of common stock and a single class of cumulative preferred…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: ry corporation is a mid sized public company that had been in operation for many years. December 31,…

A: Closing entries are accounting entries made to close the books of accounts. They are used to close…

Q: AUBURN Corporation had 120,000 of ordinary shares issued and January 2 of the same year, the company…

A: Earnings per share represent the earnings held in hands of each shareholder of the company. It is…

Q: You have a thing for Tony Stark and jumped at the opportunity to purchase shares of stock in Ironman…

A: Earnings Per Share(EPS)refers to a financial measure or indicator that shows how much profit a…

Q: On December 1, 20x1, Line Corp. received a donation of 2,000 shares of its P5 par value ordinary…

A: The total shareholder's equity shall be decreased by the amount which was received by the Line Corp.…

Q: The balance sheet for Crutcher Corporation reported 260,000 shares outstanding, 360,000 shares…

A: The corporation can issued that much shares which are authorized to the corporation by the Registrar…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: Preferred shareholders are paid in priority over the common shareholders.

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: Lets start the answer with understanding of, Preferred stock:- It is a type of stock which entitles…

Q: E Sport Fitness has 750,000 shares authorized in the Charter, and they have 200,000 shares Issued…

A: The dividend is a share of profit distributed by the corporation to its shareholders. it is…

Q: A corporation has 10,000 shares of 7%, $50 par preferred stock outstanding and 130,000 shares of…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: The Glendora Company has 200,000 shares of cumulative, five percent, $100 par value preferred stock…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: The balance sheet for Crutcher Corporation reported 200,000 shares outstanding, 300,000…

A: Treasury stock: The shares which were reacquired or bought back by the company, but not formally…

Q: A corporation declares $32 million in net income, $4 million in preferred stock dividends, and $8…

A: Shareholder's equity or stockholder's equity is one of section which is reported under the statement…

Q: A corporation has 10,000 shares of 7%, $50 par preferred stock outstanding and 130,000 shares of…

A: Formula : Preferred dividend = Number of shares outstanding x Preferred dividend rate x Par value.

Q: The board of directors of Mountain Hotels has declared a dividend of $1,900,000. The company has…

A: Preferred Dividend = Number of Preferred stocks * Dividend per share of Preferred stock = 100,000 *…

Q: he board of directors of a human resources outsourcing company has declared a dividend of…

A: given, total dividend = $3000,000 dividend per share of preferred stock = $0.60 number of preferred…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: Dividends due the preferred shareholders=No. of preferred shares×Dividend per share Dividend per…

Q: What is the earnings per share?

A: Calculate earnings available to common stockholders: Earnings available to common stockholders = Net…

Q: The board of directors of Mountain Hotels has declared a dividend of $1,700,000. The company has…

A: The preferred stockholders have right to received stated dividend before payment of dividend to…

Q: The Channing Company earmed $64,000 last year. The capital stock of the company consists of $500.000…

A: Dividend: It can be defined as the distribution of the net profits of the company to its…

Q: The directors of Canada Corporation, whose $50 par value share capital is currently selling at $60…

A: Stock dividend means a payment given to the shareholders in shares instead of a cash payment. Stock…

Q: Andam Corporation has outstanding 60,000 shares of 5% preference shares with a P50 par value and…

A: The details of capital structure of company is given. Required  Calculate total dividend to be…

Q: A corporation has total assets of $85 million and total liabilities of$5 million. If the corporation…

A: The value of the total shareholders' fund on the balance sheet date is called the book value of the…

Q: Company S has 4,000 shares outstanding and a total stockholders’ equity of $200,000. It is about to…

A: Acquisition is a business process that takes place between two business entities, wherein one…

Q: The authorized share capital of the Alfred Cake Company is 120,000 shares. The equity is currently…

A: a. The book shows a balance of common stock of $69,000. The number of shares issued is calculated…

Q: A corporation has 50,000 shares of $25 par stock outstanding.  If the corporation issues a 3-for-1…

A: Number of shares outstanding after the split = No. of shares outstanding x split ratio

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.