A corporation purchases 4,608 shares of its own $7 par common stock for $29 per share, recording it at cost. What will be the effect on total stockholders' equity?

Q: Rye Company has provided the following information: • Weighted average number of outstanding common…

A: Earnings per share (EPS): The amount of net income available to each shareholder per common share…

Q: A corporation purchases 89000 shares of its own $30 par common stock for $47 per share, recording it…

A: Stockholders' equity, also known as shareholders' or shareholders' equity, is the amount of assets…

Q: Using the following information, prepare the Stockholders’ equity section of the balance sheet.…

A: Stockholders' equity is the equity section of the balance sheet for a corporation. The stockholders'…

Q: A corporation reported the following equity section on its current balance sheet. The common stock…

A: SOLUTION- STOCK DIVIDEND  IS A TYPE OF DIVIDENDS THAT ISSUED TO SHAREHOLDERS IN TERMS OF SHARES.

Q: If a corporation issues 6,000 shares of $5 par value common stock for 89,000 the journal entry would…

A: Total par value of Common Stock = No. of Common Stock issued x par value per share = 6000 x $5 =…

Q: earnings per share

A: We know that the formula to calculate earnings per share  Earnings per share - ( Net Income…

Q: Howard Corporation had 10,000 shares of common stock outstanding at the beginning of the year. On…

A: During the year number of shares outstanding are not same. Due to purchase or sale of shares. To…

Q: Netpass Company has 100,000 shares of common stock authorized, 90,000 shares issued, and 40,000…

A: No. of shares issued and outstanding = No. of common stock issued - treasury stock = 90000 shares -…

Q: You own shares of a company that reported after-tax earnings of $17 million and has issued 19…

A: Earnings per share is a financial ratio, that divides the net income available to the stockholders…

Q: If a corporation issues 1,000 shares of $1 par value common stock for $12,000, the journalentry…

A: Stock: It refers to a security issued in a form of certificate. It implies the right of ownership of…

Q: Using the following information, prepare the Stockholders’ equity section of the balance sheet.…

A: Balance sheet: The balance sheet shows the financial position of the company by recording all the…

Q: An owner of 2,500 shares of Simmons Company common stock receives a stock dividend of 50 shares.a.…

A: Stock Dividends When the dividends are declared and paid to the common stockholders in the form of…

Q: Texas Inc. has 6,849 shares of 7%, $100 par value cumulative preferred stock and 91,959 shares of $1…

A: Dividends are paid first to preferred stockholders. Dividend arrears are paid to cumulative…

Q: A company with 94,000 authorized shares of $7 par common stock issued 36,000 shares at $16.…

A: Given that: Issued common shares = 36,000 shares Market price per share = $32 per share

Q: What is the effect on the corporation's revenue of the period? What is the effect on stockholders'…

A: Treasury Stock:   Treasury stock refers to the stock that a company repurchases its own issued stock…

Q: A company has 31,000 shares of common stock outstanding. The stockholders' equity applicable to…

A: Book value per share= (Shareholder's equity- Preferred stock )/ Common stock shares

Q: A company reports the following: Net income $275,000 Preferred dividends 11,000 Average…

A: a) Return on stockholders equity = Net income / Average stockholders equity = 275,000/2,200,000 =…

Q: A corporation has 100,000 shares of 4% preferred stock outstanding also there are 100,000 common…

A: THE PREFERRED STOCKHOLDERS ARE PAID DIVIDEND FIRST BEFORE THE PAYMENT TO COMMON STOCKHOLDERS .…

Q: What will be the effect on total stockholders’ equity?

A: Stockholder's Equity includes the amount contributed by shareholders issued in the form of common…

Q: Quickbux Co. issued and sold 1,000 shares of common stock, with a par value of $5, for $12 per…

A: Shareholders' equity includes common stock, preferred stock, paid-in capital in excess of par, and…

Q: At the end of the accounting period, Houston Company had $6,600 of common stock, paid-in capital in…

A: Stockholders Equity can be calculated by subtracting the total liabilities of a business from total…

Q: Denver Company had the following transactions affected Stockholders equity during the year :…

A: Preferred stock holder means those stock holder who will be getting dividend before the common…

Q: Texas Inc. has 6,150 shares of 5%, $100 par value cumulative preferred stock and 99,712 shares of $1…

A: Dividend on Preferred stock= Preferred Share*Par value*5%

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: Using the following accounts and balances, prepare the “Stockholders’ Equity” section of the balance…

A: Stockholders' Equity (Shareholders' Equity) is shows on company's' Balance Sheet that consists of…

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: what is the market capitalization of the corporation

A: Market capitalization is known as the market value of all the shares issued in the market. It is…

Q: The board of directors of SSS Inc., have declared a dividend of P18,000,000. The company has 40,000…

A: The dividend is the return to the shareholders by the company for the investment made. Shares are…

Q: Trenton Company has provided the following Information: - Net income, $320,000; • Preferred shares…

A: The net income is the net profit of the company earned during the period. The net income includes…

Q: Company E reports the following stockholders' equity: Common Stock, 100,000 authorized, 30,000…

A: Share: A share is a document that states a proof of an ownership of a company. A share states a…

Q: A company with 95,000 authorized shares of $7 par common stock issued 42,000 shares at $16.…

A: Dividends are calculated on Issued Shares fully paid up.In the given problem, Issued and fully paid…

Q: Ix Company issued 42,000 shares of $10 par value common stock at a market price of $34. As a result…

A: Stockholder equity = Value of Common stock + Paid-in capital in excess of par

Q: total stockholders' equity

A: Total stockholder's equity = Common Stock + Paid -In Capital in Excess of Par + Retained Earnings -…

Q: A company with 118,808 authorized shares of $5 par common stock issued 31,951 shares at $16 per…

A: Authorized Shares = 118808 Shares  Face Value = $5

Q: The balance sheet for Lauren Inc. shows the following: total paid-in capital and retained earnings…

A: Given, Total paid-in capital and retained earnings= $877,000 Total stockholders’ equity = $817,000…

Q: A corporation purchases 9,515 shares of its own $10 par common stock for $18 per share, recording it…

A: When a corporation purchases its own shares, those reacquired shares are called Treasury shares.…

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: Ramos Corporation reported the following equity section on its current balance sheet. The common…

A: Stock dividend is the form of dividend distribution in which additional stock are issued by the…

Q: The following information is available for Hildebrand Corporation: Dividends paid to common…

A: EPS: It shows the earning divided to each share of the company. Higher the EPS, the Higher the…

Q: Safron Inc. has the following data about its common stock: Par value =$1 per share Authorized…

A: Treasury stocks are the stocks which were brought back by the company. The company's outstanding…

Q: Milo Co. had 795,000 shares of common stock outstanding as of January 1. On May 1, they issued…

A: Firstly, we shall calculate the Shares that were outstanding during the year and the Months for…

Q: Using the following information, compute earnings per share. Net Income $300,000, Common Stock…

A: Earnings per share refer to the amount earned by each stockholder. This can be identified by…

Q: A corporation issues common stock with a $5 stated value. Its Common Stock account has a balance of…

A: Here stated value is the Nominal value or par value at which shares are issued.  Number of shares…

Q: Using the following information, compute earnings per share. Net Income $300,000, Common Stock…

A: Generally, earnings per share represent the shareholder's share of earnings for each and every share…

Q: Mave company has given the following data about its common stock: Par value =$1 per share…

A: Treasury stock or shares are the stock which was brought back by the company. Outstanding shares of…

Q: The following data has been collected about Keller Company's stockholders' equity accounts:…

A: Formula:

Q: A corporation sold 13,500 shares of its $10 par value common stock at a cash price of $14 per share.…

A: When shares are sold by a corporation in excess of par, cash is received and an increase in cash is…

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.