Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 31, 2024

Danio Fisheries issued 460,000 shares of $5 par value stock. On August 1, Danio Fisheries implements a twoforone stock split. After the stock split, the

Danio Fisheries issued 460,000 shares of $5 par value stock. On August 1, Danio Fisheries implements a twoforone

stock split. After the stock split, the total number of shares outstanding is ________ and the total par value is ________

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Fundamental Accounting Principles

Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta

17th Edition

0072946601, 9780072946604

More Books

Students also viewed these Accounting questions

Question

★★★★★

How does the risk of an LBO change over time? How can the impact of changing risk be incorporated into the valuation of the LBO?

Answered: 1 week ago

Question

★★★★★

What are the potential ramifications of not utilizing integration management techniques or parallel tasking while planning and implementing a project?

Answered: 1 week ago

Question

★★★★★

4. Investigate a volunteer opportunity within an area hospital or residential treatment center. Larger hospitals often have volunteer centers and allow some choice in the areas you work (e.g.,...

Answered: 1 week ago

Question

★★★★★

On January 1, 2011, Brendan, Inc., reports net assets of $760,000 although equipment (with a four year life) having a book value of $440,000 is worth $500,000 and an unrecorded patent is valued at...

Answered: 1 week ago

Question

★★★★★

When auditors use documentation to support recorded transactions and amounts, the process is usually called: A) tracing. B) confirmations. C) vouching. D) Reperformance

Answered: 1 week ago

Question

★★★★★

Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company's balance sheet as of June 30th is shown below: Exercise 8-13...

Answered: 1 week ago

Question

★★★★★

1.) Explain what is meant by oppressive conduct. 2.) Discuss any two (2) remedies for oppression under s 233 of the Corporations Act 2001 3. What obligations do financial service providers have in...

Answered: 1 week ago

Question

★★★★★

1. What is the jury foreman? What is their responsibility? 2. How would you explain reasonable and probable grounds? 3. Who is not eligible to sit on a jury? What do you feel is the reason for this?...

Answered: 1 week ago

Question

★★★★★

1. A detector is placed on a screen onto which a bright red spot is observed. In calculation of the numerical aperture of the fiber, the diameter of the bright spot (W) and the distance of the...

Answered: 1 week ago

Question

★★★★★

1. What is revealed about human nature (from Genesis 1-2)? 2. What are the consequences of the fall for human nature (from Genesis 3)? 3. What is revealed about human purpose? What does it mean for...

Answered: 1 week ago

Question

★★★★★

When a 0.051M aqueous solution of a certain acid is prepared, the acid is 2.7% dissociated. Calculate the acid dissociation constant Ka of the acid. Round your answer to 2 significant digits.

Answered: 1 week ago

Question

★★★★★

Is your compensation and benefit system developed so that employees will view it as fair and impartial?

Answered: 1 week ago

Question

★★★★★

Does your organization attempt to develop a work environment in which employees will not feel compelled to join a union?

Answered: 1 week ago

Question

★★★★★

What laws have been passed to legislate ethics?

Answered: 1 week ago

Previous Question Next Question