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1. Company XYZ has the following data: Common Stock, $10 par value; $2,000,000 Paid-in-Capital 1,000,000 Retained Earnings 900,000 On October 1, the company declares a
1. Company XYZ has the following data: Common Stock, $10 par value; $2,000,000
Paid-in-Capital 1,000,000
Retained Earnings 900,000
On October 1, the company declares a 20% stock dividend when the Fair-Value of the Stock is $60 per share. On December 1, the company splits their stock 4:1.
11. What is the amount of total Stockholders' Equity after this stock dividend? | |||
12. What is the Book-Value per share after this stock dividend? | |||
13. What is the new par value after the Stock Split? | |||
14. What is the Fair-Value of the stock after the Stock Split? | |||
15. What are the total number of shares outstanding after the Stock-Split? | |||
16. What is the total Stockholders' Equity after this Stock-Split? | |||
17. What is the Book-Value per share after this Stock Split? | |||
18. If the Stock Dividend was 25%, how would we account for it? |
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