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1.Alise'co had 50,000 common shares outstanding prior to any stock dividends being issued. During the period, a 10% stock dividend was declared and distributed. On
1.Alise'co had 50,000 common shares outstanding prior to any stock dividends being issued. During the period, a 10% stock dividend was declared and distributed. On the declaration date, Robert Brownie Jr. Ltd.s shares were trading at $25/share. On the payment/distribution date, the shares were trading at $26/share. As a result of this stock dividend, we would CR. Common Shares of
2. santa monicais a coffee shop in califonia. The company issued 5,000 no par value common shares for $5 each. 10 months later, they repurchased 2,500 of the common shares for $4. 3 years later, they repurchased the remainder of the common shares for $7. In the final repurchase, the Company would DR. Retained earnings for
3. Udder Delights is a publicly traded manufacturer of milk chocolate in Burnaby, British Columbia. They would be udderly delighted if you can assist them. At the beginning of the year, the company had $2,000 in contributed surplus, 300,000 cumulative, preferred shares with a book value of $2,800,000, and 600,000 common shares with a book value of $3,050,000.A 2-for-1 stock split was announced on the companys common shares.Calculate the # of common shares issued and outstanding for the company after the stock split
4. Udder Delights is a publicly traded manufacturer of milk chocolate in Burnaby, British Columbia. They would be udderly delighted if you can assist them. At the beginning of the year, the company had $2,000 in contributed surplus, 300,000 cumulative, preferred shares with a book value of $2,800,000, and 600,000 common shares with a book value of $3,050,000.A 2-for-1 stock split was announced on the companys common shares.As a result of the 2-for-1 stock split, the company would CR. Common shares of
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