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Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 14,000 shares of cumulative preferred 4% stock, $130 par, and 47,000 shares

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image text in transcribed Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 14,000 shares of cumulative preferred 4% stock, $130 par, and 47,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $48,720; second year, $106,880; third year, $128,710; fourth year, $147,060. Compute the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, leave it blank. The declaration, record, and payment dates in connection with a cash dividend of $34,100 on a corporation's common stock are January 12 , March 13 , and April 12. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Yeoman Grill Restaurant Corporation, which had 63,000 shares of common stock outstanding, declared a 2 -for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $108 per share before the stock split, what would be an approximate market price per share after the split? \& per share Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8 . There are 260,000 shares of common stock authorized and 15,000 shares of preferred stock authorized. Top-Value Corporation has 900,000 shares of $2 outstanding. On September 2, Top-Value Corporation declared a 3\% stock dividend to be issued November 30 to stockholders of record on October 3. The market price of the stock was $44 per share on September 2. Required: Journalize the entries required on September 2, October 3, and November 30. If no entry is required, simply skip to the next transaction. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 14,000 shares of cumulative preferred 4% stock, $130 par, and 47,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $48,720; second year, $106,880; third year, $128,710; fourth year, $147,060. Compute the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, leave it blank. The declaration, record, and payment dates in connection with a cash dividend of $34,100 on a corporation's common stock are January 12 , March 13 , and April 12. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Yeoman Grill Restaurant Corporation, which had 63,000 shares of common stock outstanding, declared a 2 -for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $108 per share before the stock split, what would be an approximate market price per share after the split? \& per share Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8 . There are 260,000 shares of common stock authorized and 15,000 shares of preferred stock authorized. Top-Value Corporation has 900,000 shares of $2 outstanding. On September 2, Top-Value Corporation declared a 3\% stock dividend to be issued November 30 to stockholders of record on October 3. The market price of the stock was $44 per share on September 2. Required: Journalize the entries required on September 2, October 3, and November 30. If no entry is required, simply skip to the next transaction. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered

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