User Account

All Pages

How did the purchase of the treasury stock

Assignment Help Accounting Basics
Reference no: EM132189448

Question - A new company issued 6,000 shares of $8 par common stock for 67,800. Next issued 18,000 shares of $8 par common stock in exchange for land when the stock was trading $14 per share. The company the declared a 2% stock dividend and distributed the stock.

How did the purchase of the treasury stock impact total stockholders' equity?

Reference no: EM132189448

Questions Cloud

Management concept as relates to the company : Company name: Moneygram Discuses the following management concept as relates to the company:
Compute the april inventory : Ivanhoe Company uses a periodic inventory system. Compute the April 30 inventory and the April cost of goods sold using the FIFO method
Key environmental pressures on supply chains : What are some of the key environmental pressures on supply chains?
Are these direct reports-peers-bosses-work teams : a) In considering your micro-organization, whom are the stakeholders (other than yourself) that you might want to empower?
How did the purchase of the treasury stock : A new company issued 6,000 shares of $8 par common stock for 67,800. How did the purchase of the treasury stock impact
What culture type is ceo barra bringing to gm : What is the evidence in the case to support the assertion that CEO Barra exemplifies the principles of authentic leadership?
What is the margin of safety : Variable cost are 4 pounds per unit, fixed costs for December are 9200 pounds. What is the margin of safety as a%
Managerial function may be more effectively implemented : List three recommendations on how the managerial function may be more effectively implemented.
Making the changes to its supply chain sourcing strategy : What are the reasons that the company has offered for making the changes to its supply chain sourcing strategy?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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