Reference no: EM132713069
At the beginning of the year, the shareholders' equity section of the statement of financial position of R &; B Corporation reflected the following:
Common shares (no par value, authorized 79,000 shares, outstanding 39,500 shares) $474,000
Contributed surplus $21,500
Retained earnings $184,500
Accumulated other comprehensive income $37,500
On February 1, the board of directors declared a 16 percent stock dividend to be issued on April 30. The market value per share was $18 on the declaration date.
Problem 1. For comparative purposes, prepare the shareholders' equity section of the statement of financial position (a) before the stock dividend and (b) after the stock dividend.
Problem 2. Determine the effects of this stock dividend on the company's assets, liabilities, and shareholders' equity.
|
What average price received by compact
: Compact Corporation has 50,000,000 common shares, authorized, What average price received by Compact for one common share was?
|
|
Create engaging vocabulary game
: Create an engaging vocabulary game that utilizes five different teaching strategies for vocabulary development.
|
|
Calculate minimum annual lease payment acceptable
: COL Inc. can either purchase an equipment for $650,000. Calculate the maximum and minimum annual lease payment acceptable to COL and LEN respectively.
|
|
What is direct labor cost
: Direct materials and direct labor of a company total $8,000,000. If manufacturing overhead is $4,000,000, what is direct labor cost
|
|
How do make shareholders equity section of the statement
: Make the shareholders' equity section of the statement of financial position (a) before the stock dividend and (b) after the stock dividend.
|
|
What is its weighted average cost of capital
: Elliott's Cross Country Transportation Services has a capital structure with 25% debt at a 9% interest rate. What is its weighted average cost of capital
|
|
Retrospective risk assessment
: Submit a paper that examines the retrospective risk assessment tool root cause analysis.
|
|
How do determine what is the value of the bond
: After 5 years at 105% of par value and the discount rate in today's market is 5%. Using the price-to-worst method, what is the value of this bond?
|
|
Disadvantages of different types of goal statements
: Evaluate the advantages and disadvantages of different types of goal statements.
|