Kurt's Market has 16,000 shares of stock outstanding with a par value of $1 per share and a market value of $17 per share. The balance sheet shows $16,000 in the common stock account, $236,000 in the capital in excess of par account, and $314,800 in the retained earnings account. The firm just announced a stock dividend of 65 percent. What will be the balance in the retained earnings account after this dividend?

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

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

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Q: The company with the common equity accounts shown here has declared a 15 percent stock dividend when…

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A: For cumulative preferred stock arrears of dividend is also payable.  Dividend payable per year to…

Q: Wheat's Market just issued 17,500 new shares of common stock at a price of $20 a share. The share…

A: Given No. of shares = 17,500 Stock Price = $20

Q: The board of directors of Clear Communications has declared a dividend of $2,500,000. The company…

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Q: What are the dividends per share for preferred and common, respectively?

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Q: At the time that Kirby Company issued a 3-for-1 stock split, the company had 1,000 shares of $12 par…

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A: The conceptual formula for computation is:

Q: Assume that Farm Fresh Produce, Inc. has 725,000 shares of common stock outstanding and that the…

A: Solution:- Calculation of the value of the total dividends paid to the common shareholders of Farm…

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

Q: Sampson Corp. had 500,000 shares of common stock outstanding at the beginning of the year. The…

A: Solution Concept Basic earning per share =earning available for common shareholders / weighted…

Q: Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000 shares of…

A: Introduction share capital is a fund or money that is raised by company by issuing shares in stock…

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: Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of…

A: Formula: Dividend per share = Total dividend / Number of shares.

Q: Amigo Software Inc. has total assets of $823,000, current liabilities of $248,000, and long-term…

A: a. given, total assets=$823,000 current liabilities=$248,000 long term liabilities=$147,000…

Q: nillox has 5,000 shares of stock outstanding th a par value of $1.00 per share and a arket price of…

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Q: Huxley Company has 119,526 shares of common stock authorized, 158,963 issued, and 79,891 shares of…

A: No. of shares issued and outstanding = No. of shares issued - No. of treasury stock = 158963-79891 =…

Q: Stephanie's C'.lfes, lnc., Declared a dividend of $ 1.30 per share for record holders on Tuesday,…

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Q: GROOT Corporation has 350,000 shares of ₱10 par value ordinary shares outstanding. During the year,…

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Q: Pluto's has 14,000 shares of stock outstanding with a par value of $1 per share. The market value is…

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Q: What will the ex-dividend price be?

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A: Stock dividend is a dividend payable in number of shares not in cash. It shall be at par. We need to…

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

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Q: alculate the dividend per share of common stock.

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Q: The Phibbs Company paid total cash dividends of $200,000 on 25,000 outstanding common shares. On the…

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Q: Lightfoot Inc., a software development firm, has stock outstanding as follows: 30,000 shares of…

A: Solution: Dividend per share for each class of stock is being computed as under:

Q: Stephanie's Cafes,​ Inc., has declared a dividend of ​$1.53 per share for shareholders of record…

A: Solution: Dividend per share declared = $1.53 Nos of outstanding shares = 250000

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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: Sanders Corporation has the following shares outstanding: 6,000 shares of $50 par value, 6%…

A: Please find the answers to the above questions below:

Q: The stockholders’ equity account for Paper Manufacturers is shown below. The firm’s common stock has…

A: Firms pay stock dividends as a replacement for or a supplement to cash dividends. In a stock…