Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 02, 2024

A company with 86,000 authorized shares of $4 por common stock Issued 48,000 shares at $16. Subsequently, the company declared 2 stock dividendo a date

A company with 86,000 authorized shares of $4 por common stock Issued 48,000 shares at $16. Subsequently, the company declared 2 stock dividendo a date when the market price was $33 per share. What is the amount transferred from the retained earnings account to poid-in capital accounts and the stock dividend? Os $27.840 Ob. 331.680 Oc. $56,760 d. $3.540

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

24. In Example 3.10, let Y the number of girls born before the experiment terminates. With p P(B) and 1 p P(G), what is the pmf of Y? (Hint: First list the possible values of Y, starting with the...

Answered: 1 week ago

Question

★★★★★

Refer to the Contois Carpets problem, for which the network representation is shown in Figure. Suppose that Contois has a beginning inventory of 50 yards of carpet and requires an inventory of 100...

Answered: 1 week ago

Question

★★★★★

(40 points) 3. Assume today's U.S. Treasury Yield Curve is given below. Y U.S. T average 30-Year Treasury bond and the Inflation Indexed Treasury bond- (often called Treasury Inflation Protected...

Answered: 1 week ago

Question

★★★★★

Bramble Company had $155,200 of net income in 2016 when the selling price per unit was $154, the variable costs per unit were $94, and the fixed costs were $571,900. Management expects per unit data...

Answered: 1 week ago

Question

★★★★★

Twenty movies were released over a particular summer and their MPAA ratings (G, PG, PG-13, R) are given in the table below. G G G PG PG PG G G G G PG G G PG PG13 PG G R PG13 G a) Complete the...

Answered: 1 week ago

Question

★★★★★

Joaquin goes for a job interview and is surprised that the interviewer asks him about his personal standards regarding how he would handle certain situations. He expected that the focus would be on...

Answered: 1 week ago

Question

★★★★★

1. A particle moves with amplitude A and period T, as shown in the figure. Express the following in terms of A and T and numerical constants (if necessary). (3 marks) M T A a. The time at which the...

Answered: 1 week ago

Question

★★★★★

Using this ER-Diagram, write an SQL Statement using CONSTRAINTS command and show atleast 1 data of the database. Write down below the SQL Statements and commands that was used. PDiagnosis PAddress...

Answered: 1 week ago

Question

★★★★★

1. (a)(i) What problem has been brought about by uncontrolled mining of minerals in Kenya? (ii) Where is fluorspar mined in Kenya? (iii) Describe how trona is mined and processed in Magadi (b) (i)...

Answered: 1 week ago

Previous Question Next Question