Use the following to answer questions 13 - 17 KC Corp.'s management is considering either a...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Use the following to answer questions 13 - 17 KC Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the following chart to assist in answering the following: Common stock, $0.20 par value Additional paid-in capital Total paid-in capital Retained Earnings Total stockholders' equity Shares outstanding Par value per share Share price 13. $ 14. $. 15. $ 16. $ 17. $ Before $100,000 9,100,000 9,200,000 1,253,000 $10,453,000 500,000 $0.20 $160.00 After 100% Stock Dividend After 2-for-1 Stock Split After the 100% stock dividend what amount is in Total paid-in capital account? After the 100% stock dividend what amount is in the retained earnings account? After the 100% stock dividend what is the par value per share? After the 2-for-1 stock split what amount is in Total paid in capital account? After the 2-for-1 stock split what is the par value per share? Use the following to answer questions 13 - 17 KC Corp.'s management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the following chart to assist in answering the following: Common stock, $0.20 par value Additional paid-in capital Total paid-in capital Retained Earnings Total stockholders' equity Shares outstanding Par value per share Share price 13. $ 14. $. 15. $ 16. $ 17. $ Before $100,000 9,100,000 9,200,000 1,253,000 $10,453,000 500,000 $0.20 $160.00 After 100% Stock Dividend After 2-for-1 Stock Split After the 100% stock dividend what amount is in Total paid-in capital account? After the 100% stock dividend what amount is in the retained earnings account? After the 100% stock dividend what is the par value per share? After the 2-for-1 stock split what amount is in Total paid in capital account? After the 2-for-1 stock split what is the par value per share?
Expert Answer:
Answer rating: 100% (QA)
13 Total paidin capital after 100 stock dividend Total paidin capital before 100 stock dividend 9200... View the full answer
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date:
Students also viewed these accounting questions
-
In this exercise, you learn how to use the Items collections Insert, Remove, and RemoveAt methods. Open the Items Collection Solution.sln file contained in the VB2017\Chap05\Items Collection Solution...
-
In this exercise, you learn how to use the String Collection Editor window to fill a list box with values. Open the VB2015\Chap06\ListBox Solution\ListBox Solution (ListBox Solution.sln) file. Open...
-
You and your spouse are planning a second honeymoon to the Cayman Islands this summer and would like to have your house painted while you are away. Estimate the total cost of the paint job from the...
-
Pritchett Company reported the following year-end data: Cash $ 25,000 8,000 Short-term investments Accounts receivable (current) Inventory 19,500 27,500 Prepaid (current) assets 11,000 Total current...
-
Clinton Power provides electricity to a wide area of western Kentucky. During October 2011 it billed 1,000 of its residential customers located in the town of Heyworth a total of $131,000 for...
-
Last year, an online retailer of tennis equipment carried an average inventory of $8,000,000. The retailer reported sales revenue of $30,000,000 last year with a cost of goods sold of $18,000,000....
-
What might the board have done to minimize the effect of potential biases? Pat and Chris were hired by Central O. District Hospital (CODH) as part of a three-year management contract with HCA...
-
Giovanni Construction Company uses the job order cost system. In recording payroll transactions, the following accounts are used: Cash Administrative Salaries Wages Payable Miscellaneous...
-
11:42 Tue Oct 4 1 97% libgen.rs G apple pencil re| X G have someon o X G rose maclean - X ucsa Rose Maclean X WeBWork : mat X G Find a function X calculus - Find X -> GZ webwork.math.ucsb.edu 72 . ....
-
Alpha Company receives.A note from one of its customers. It is a $20,000 60 day note at 9% interest (ordinary time). What will be the maturity value of the note when it is collected?
-
1. What is the role of a performance bond (via a standby letter of credit) in an International Trade Finance transaction? 2. What is the main risk in an export issuing a performance bond (via a...
-
K Simplify by factoring. Assume that all variables under radicals represent nonnegative numbers. 36x6 Select the correct choice below and, if necessary, fill in the answer box that completes your...
-
Linear Search is one of those algorithms that is easy to conceive of, but why are you convinced that it works? // Post: . . int Linear Search(int arr [], int len, int target) { for (int i = 0; i <...
-
There are business processes everywhere. Think of a process that you are familiar with. It can be something like going outside and ordering a coffee, going to the airport to catch a flight, or...
-
Marin Company makes several products, including canoes. The company reports a loss from its canoe segment (see below). All its variable costs are avoidable, and $335,000 of its fixed costs are...
-
Selecta data concerning the past fiscal year's operations (000 omitted) of the Televans Manufacturing Company are presented below: Inventories Beginning Ending Raw materials 85 100 Work in process 30...
-
what type of pricing strategy is a company using when a customer finds it challenging to asses a product even after acquistion
-
You've been asked to take over leadership of a group of paralegals that once had a reputation for being a tight-knit, supportive team, but you quickly figure out that this team is in danger of...
-
The Paden Corporation has annual sales of $34 million. The average collection period is 33 days. What is the average investment in accounts receivable as shown on the balance sheet?
-
The investment in Project A is $ 1 million, and the investment in Project B is $ 2 million. Both projects have a unique internal rate of return of 20 percent. Is the following statement true or...
-
Which of the following should be treated as an incremental cash flow when computing the NPV of an investment? a. A reduction in the sales of a companys other products caused by the investment. b. An...
-
Revise cash collections budget (Learning Objective 4) Turn to the original Whitewater Sporting Goods Data Set item 4. Suppose \(70 \%\) of sales are cash and \(30 \%\) are credit. Revise Whitewater's...
-
Revise inventory, purchases, and cost of goods sold budget (Learning Objective 4) Refer to the original Whitewater Sporting Goods Data Set item 5. Suppose cost of goods sold averages \(75 \%\) of...
-
Revise cash payments for purchases (Learning Objective 4) Refer to the original Whitewater Sporting Goods Data Set item 5. Suppose Whitewater Sporting Goods pays for \(60 \%\) of inventory purchases...
Study smarter with the SolutionInn App