At December 3 1 , 2005, the records of Kozmetsky Corporation provided the following selected and incomplete
Question:
At December 3 1 , 2005, the records of Kozmetsky Corporation provided the following selected and incomplete data:
Required: 1. Complete the following tabulation: Shares issued Shares outstanding. 2. The balance in the Capital in excess of Par account appears to be $. 3. EPS on net income is $ 4. Total dividends paid on common stock during 2005 is $ _ 5. Treasury stock should be reported on the balance sheet under the major caption amount of $ in the 6. Assume that the board of directors voted a 100 percent stock split (the number of shares will dou- ble). After the stock split, the par value per share will be $, and the number of outstand- ing shares will be 7. Disregard the stock split (assumed above). Assume instead that a 10 percent stock dividend was declared and issued when the market price of the common stock was $21. Explain how stock- holders' equity will change.
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