Calculate the number of shares outstanding at the time

Assignment Help Accounting Basics

Reference no: EM13125993

Gannon, Inc., had 100,000 shares of common stock outstanding. During the current year, the company distributed a 10 percent stock dividend and subsequently paid a $0.50 per share cash dividend. Calculate the number of shares outstanding at the time of the cash dividend and the amount of cash required to fund the cash dividend.

Reference no: EM13125993

Questions Cloud

Explain titrations- finding concentration : Titrations: Finding Concentration, A 35.00 mL solution containing an unknown concentration of pyruvic acid required 25.13 mL of 0.2011 M NaOH to reach the end point.

Mentoring an accounting clerk : You are an accountant in a medium-sized manufacturing company. You have been asked to mentor an accounting clerk who is new to your accounting department.

Identification of step in the human memory model : Identification and description of each step in the human memory model. As you describe these steps, use an example to illustrate the process

Find probability that the store sells at least a gallon : Gallons and standard deviation 12 gallons. On a randomly selected day, the probability that the store sells at least 154 gallons is?

Calculate the number of shares outstanding at the time : Gannon, Inc., had 100,000 shares of common stock outstanding. During the current year, the company distributed a 10 percent stock dividend and subsequently paid a $0.50 per share cash dividend. Calculate the number of shares outstanding at the tim..

What is the speci?c heat of copper alloy : A piece of copper alloy with a mass of 60.0 g is heated from 21.0 ?C to 44.0?C. In the process, it absorbs 507 J of energy as heat. What is the speci?c heat of this copper alloy.

How fraud someone perpetrated : They result from the fraud someone perpetrated, does this amount to a subsidy of the financial statement fraud from the federal government, and some state governments?

A short essay on the genre you plan to study. : Write a short essay (one page, double-spaced) on the genre you plan to study. Do some research on the genre and tell me how it has developed and who the audience typically is. Other questions you might address in the essay include why you selected t..

Explain finding mass percent of arsenic in a pesticide : Titrations: Finding Mass Percent of Arsenic in a Pesticide, The arsenic in a 1.0211-g sample of a pesticide was converted to H3AsO4 by suitable treatment. The acid was then neutralized and exactly 40.00 mL of 0.05922M

User Account

All Pages