Basics of par common stock outstanding

Reference no: EM13150812

Vincent Corporation has 73,000 shares of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock dividend to be issued July 30 to stockholders of record July 15. The market price of the stock was $131 a share on June 30. Journalize it.

Reference no: EM13150812

Questions Cloud

Estimating of the market values : Roark Company paid $630,000 for a basket purchase that included land, a building and equipment. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately:

How much should you be willing to pay for deal : 7% chance of making $40,000; a 20% chance of making $10,000; and 70% chance of making $0. How much should you be willing to pay for this deal?

Tax consequences to oriole on distribution : What are the tax consequences to Oriole Corporation on the distribution of the land? If the land is, instead, subject to liability of $700,000, what are the tax consequences to Oriole on the distribution?

Find the test value for hypothesis : Students revealed an average cost of books of $370 per student. The Dean of Students believes that the costs are greater this semester. What is the test value for this hypothesis?

Basics of par common stock outstanding : Vincent Corporation has 73,000 shares of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock dividend to be issued July 30 to stockholders of record July 15. The market price of the stock was $131 a share on June..

How many grams of nitrogen can be produced : Ammonia and oxygen react to form nitrogen and water. How many grams of N2 can be produced when 6.30g O2 reacts?

Completing a bank reconciliation statement : When completing a bank reconciliation statement, what do you do with outstanding checks?

Determine the marginal revenue product function : Consider the following short-run production function (where L =variable input, Q =output: Q = 10L - 0.5L2 Suppose that output can be sold for $10 per unit. Also assume that the firm can obtain as much of the variable input (L) as it needs at $2..

Probabilities of various outcomes to take information : If the proposed textbook receives a favorable review, how should the editor revise the probabilities of the various outcomes to take this information into account?

User Account

All Pages