Compute the par value per share before the stock dividend

Assignment Help Accounting Basics
Reference no: EM132825769

Question - On October 1, Little Bobby Corporation's stockholders' equity is as follows:

Common stock, $5 par value $378,000

Paid-in capital in excess of par-common stock 20,000

Retained earnings 158,000

Total stockholders' equity $556,000

On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $15 per share.

Required - Compute the par value per share (1) before the stock dividend and (2) after the stock dividend.

Reference no: EM132825769

Questions Cloud

Why not you should be eating the particular food : Secondly, include one of your favorite food you like to eat and tell us why or why not you should be eating this particular food. Analyze the nutritional label.
Explain a clear distinction between globalism and globali : Prior to beginning work on this assignment, read the A Model of Global Citizenship Antecedents and Outcomes article.
How cultural and linguistic diversity should be considered : Misconceptions are prevalent regarding student misbehavior. It is important for teachers to understand the various causes of misbehavior and ways to target.
Determine the appropriate placement in the lre for students : Write a 1,000-1,250 word essay regarding the FAPE requirement of IDEA. Based on FAPE, discuss how the LRE should be appropriate in meeting student needs.
Compute the par value per share before the stock dividend : Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $15 per share. Compute the par value per share before the stock
How the placement can support students with disabilities : Create a graphic organizer outlining five placement settings inside and outside of the school setting. For each placement setting, describe how that placement.
How would identifying a mentoring projects activities : How would identifying a mentoring project's activities and processes (e.g., observing documenting, reflecting, analysis, application, feedback, goal-setting.
What is the budgeted change in inventory levels : If the company has budgeted to purchase $27,000 in merchandise during December, what is the budgeted change in inventory levels over the month of December?
Growing implementation of bim in the architecture : Critique the abstract based on the five elements of an abstract as covered by the text. What elements are present, and what elements are missing?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate the carrying amount of each asset at June

The licence, acquired one year ago, has a 10-year life of which nine years remain. Calculate the carrying amount of each asset at June

  Evaluate what must the coupon rate be on the bonds

Gabriele Enterprises has bonds on the market making annual payments, with 15 years to maturity, What must the coupon rate be on the bonds?

  Prepare separate sales budgets for the company

Herron Company has budgeted the following unit sales: Instructions: Prepare separate sales budgets for the company for 2008

  The market price of the common stock averaged

On December 31, 2012, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding.

  Daughdrill corporation is developing direct labor standards

daughdrill corporation is developing direct labor standards. the basic direct labor wage rate is 10.95 per hour.

  What is the price-earnings ratio of the stock

Suppose you own stock in National Advertising which had earnings of $2.50 per share last year. If yesterday's closing price was $41.50.

  Compute ending inventory at cost

Net markdowns were $8,200; and sales revenue was $151,200. Compute ending inventory at cost using the conventional retail method

  Create table that highlights the tradeoffs

Create table (using the data in the scenario summary table) that highlights the tradeoffs between fixed and variable cost (cost structure)

  Outline and detail the decision making model of your choice

Outline and detail the decision making model of your choice. Justify why you have chosen this model as the approach to resolve the ethical dilemma

  Determine the number of operating hours

Determine the number of operating hours such that the present value of cash flows equals the amount to be invested. Round all calculations to whole numbers

  Create a metrics dashboard major workflow with perceived wip

Calculate your AAR and ADR to determine what WIP optimizations you could realize. Further, calculate the cycle time and lead time for a given work flow

  Assess manufacturing consistency

More quality. Would a bigger sample help us to assess manufacturing consistency? Suppose instead of the 50-candy bags of Exercise 20, we work with bags that contain 200 M&M's each. Again we calculate the proportion of green candies found.

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