A firm has $5,760,000 in its common stock account and $57,600,000 in its paid in capital account. The firm issued 480,000 shares of common stock. What was the issue price (market value) if only one stock issuance has occurred?

Q: Theodore Company has 100,000 shares of P10 par value common stock issued and outstanding. Total…

A: Price-earnings ratio = Market value per share / Earnings per share where, Earnings per share = (Net…

Q: Novak Corporation earned $371,000 during a period when it had an average of 100,000 shares of common…

A: Formula: Earnings per share = ( Net income - Total preferred dividends ) / Total outstanding shares

Q: Richards Corporation had net income of $196,700 and paid dividends to common stockholders of…

A: Earning per Share= Net income-(preferred stock dividend)/No. of shares outstanding Price earning…

Q: At the end of accounting period, Callaway had $12,000 of common stock, paid in capital in excess par…

A: >Total Stockholder's equity is a section of Balance Sheet, and a part of accounting equation.…

Q: The Uptowner has 11,000 shares of stock outstanding with a par value of $1 per share and a market…

A: The net income earned by the company's shareholders on its invested capital is known as a dividend.…

Q: Gary corporation has a price to book ratio of 1.2  and have 100,000 shares outstanding. Consider the…

A: a.Calculate the book value per share as follows:

Q: For the year 201B, ABC Company's return on common stockholders' equity was 12.5%. Its average…

A: Return on common stockholders' equity indicates the rate of earning of commons stockholders on their…

Q: f a company issues 10,000 shares of $2 par value common stock at a market price of $30 per share,…

A: Common stock: Common stock represents the share ownership of the public limited company. Holders of…

Q: What is the total stockholders' equity based on the following account balances? Common Stock…

A: Stock holders equity : Means amount left to share holders after considering payment of all…

Q: Cleveland Corporation has 100,000 shares of common stock outstanding, its net income is $750,000,…

A: Formula to calculate Earnings per share: EPS=Total earningsShares…

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

A:

Q: company issues 10,000 shares of $2 par value common stock at a market price of $30 per share, which…

A: Here company issued 10000 shares at market price of $30, par value of each share is $2

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: Robinson's has 46,000 shares of stock outstanding with a par value of $1 per share and a market…

A: The firm announces the stock split of 2-for-1.

Q: A company has 360,000 shares authorized, 200,000 shares issued, and 100,000 shares outstanding. The…

A: Introduction: Authorized shares: Every company is allowed to issue certain number of shares. Simply…

Q: Davidsons has a market value of $10.6 per share. The balance sheet shows $4,250,000 in the common…

A: The amount of dividend paid = Par value of stock * Dividend rate

Q: The market value balance sheet for MZ Toys reflects cash of $32,000, fixed assets of $687,000, debt…

A: Dividend is the part of profit that is distributed among the shareholders. The ex-dividend is the…

Q: Thousand Islands Resorts has 1,750,000 shares of authorized common stock, each having a $1 par…

A: Honor code: Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: Ecker Company reports $1,800,000 of net income and declares $252,000 of cash dividends on its…

A: Basic earnings per share = Net income available to common stockholders / Weighted average shares of…

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

A: Weighted average number of shares is the total number of outstanding shares calculated at the end of…

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: The Howe​ Company's stockholders' equity account is as​ follows Common stock (800,00 shares at $4…

A: a) Maximum Dividend = Retained Earnings / No. of shares

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

A: Stock Dividends is a type of dividends that issued to Shareholders in terms of Shares.

Q: The following data has been collected about a company's stockholders' equity accounts: Common Stock,…

A: Per-share price for treasury stock = Total value of treasury stock / Number of shares

Q: A firm has $1,500,000 in its common stock account and $1,000,000 in its capital paid in excess of…

A: Issue Price =(Common Stock Account+Additional Paid in Capital Account)Number of  shares issued

Q: The Howe​ Company's stockholders' equity account is as​ follows Common stock (800,00 shares at $4…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

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: The following accounts appear in the ledger of Sapphire Corporation on December 31, 2011: $30,000…

A: The stockholders' equity will contain the capital, and retained earnings of the company. The…

Q: The following data has been collected about a company's stockholders' equity accounts Common stock…

A: Treasury stock was an stock which was reacquired by the company resulting in reduction of number of…

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: Kurt's Market has 16,000 shares of stock outstanding with a par value of $1 per share and a market…

A: Given information : Par value of stock = $1 Market value of stock = $17 Balance of common stock =…

Q: Ale Corporation had net income of $2,040,000 and paid dividends to common stockholders of $400,000…

A: Earnings per share = Net income/Weighted average of shares outstanding Price-earnings ratio = Market…

Q: During its first year of operations, Flounder Corporation had the following transactions pertaining…

A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…

Q: Davidson Company has 10,000,000 common shares issued and 500,000 shares of treasury stock. The…

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

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: At the end of the accounting period, Houston Company had $8,000 of par value common stock issued,…

A: Stockholders equity include common stock, retained earning but does not include treasury stock.

Q: What is the earnings per share?

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

Q: Story Corporation had net income of $300,000 in 2018. The weighted average number of shares…

A: The answer is as fallows

Q: At the start of the fiscal year, Comfortable Company has 100,000 shares of its ₱10 par value common…

A: Solution: Common stock at the end of year= 120000*10 = 1,200,000 Additional paid in capital =…

Q: Men's Place has 21,000 shares of stock outstanding with a par value of $1 per share and a market…

A: Market capitalization = Shares outstanding x Market value per share                = 21,000 x 27.18…

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

A: If dividend is issued in form of stock instead of cash then such dividend is called as Stock…

Q: The market capitalization of Morning Rose Corp. is $5,580,000 at the company's most recent trade of…

A: Market Capitalization refers to value for which a corporation can be completely purchased by any…