By what amount video paid-in capital-excess of par increase

Assignment Help Accounting Basics
Reference no: EM133127454

Question - Glean & Co., a well-established law firm, provided 500 hours of its time to Video Corporation in exchange for 1,000 shares of Video's $5 par common stock. Glean's usual billing rate is $700 per hour, and Video's stock has a book value of $250 per share. By what amount will Video's paid-in capital-excess of par increase for this transaction?

Reference no: EM133127454

Questions Cloud

Prepare a schedule calculating the change in net assets : Prepare a schedule calculating the change in net assets without donor restrictions and net assets with donor restrictions
Prepare an income statement for the quarter : Music Village sells amplifiers. Information from the quarter shows income of $1,478,400. Prepare an income statement for the quarter
Analyse the financial decision making process : Analyse the financial decision making process using examples to explain the process -Design criteria and a scoring system for evaluation of tenders
What is the total manufacturing cost of Job : The company allocates manufacturing overhead based on machine hours. What is the total manufacturing cost of Job 798
By what amount video paid-in capital-excess of par increase : Glean usual billing rate is $700 per hour, and Video stock has a book value of $250 per share. By what amount will Video paid-in capital-excess of par increase
Memo for the judge addressing the arguments : Write a three page memo for the judge addressing the arguments presented by Margaret McCarthy in her Communio article and the Amicus Brief
By how much retained earnings reduced by property dividend : The market value of the Queen stock was $30 per share on the date of declaration. By how much is retained earnings reduced by the property dividend
What amount of dividends will a preferred shareholder owning : At the beginning of 2016, Alex Corporation issued 10,000 shares of $100 par, What amount of dividends will a preferred shareholder owning 100 shares receive
Briefly describe use of stock options in a compensation plan : Briefly describe the use of stock options in a compensation plan. What are some potential problems with stock options as a form of compensation

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd