User Account

All Pages

How many shares are outstanding after the share dividends

Assignment Help Financial Accounting
Reference no: EM132936466

Question - The directors of JLC Corporation, whose 50 par value share capital is currently selling at 60 per share, have decided to issue a 10% share dividend. The corporation which has an authorization for 1,000,000 shares had issued 500,000 shares, of which 100,000 are now held as treasury. How many shares are outstanding after the share dividends were issued?

Reference no: EM132936466

Questions Cloud

How would such a change affect the costs : Suppose interest rates increase. How would such a change affect the costs of both debt and common equity based on the CAPM
How much interest will purifier pay on march : On September 1, Purifier Company borrowed $12,000 on a 6-month, 4%, short-term note payable. How much interest will Purifier pay on March 1?
Define a format for the type of report : Wage Cost Report - Define a format for the type of report that is suitable for use in the hospitality context (Content)
What is the principal balance at the end of the second month : The note entailed equal monthly payments of $2,500. The interest rate is 1% per month. What is the principal balance at the end of the second month?
How many shares are outstanding after the share dividends : The corporation which has an authorization for 1,000,000 shares had issued 500,000 shares, How many shares are outstanding after the share dividends
Which is an advantage of issuing bonds versus issuing stock : Which is an advantage of issuing bonds versus issuing stock? The accounts, in alphabetical order, appear on the trial balance for a company. What is the total?
How much will Jun receive : Noncash assets valued at P2,000,000 were sold for P1,325,000. Liabilities of P200,000 were paid. How much will Jun receive
How much warranty work was performed : 1% of sales is the estimated warranty cost. The ending balance of the warranty liability was $35,000 (credit). How much warranty work was performed?
Prepare the necessary journal entries as at December : They each have P200,000 capital balances, and they share profits and losses in a 3:1 ratio, Prepare the necessary journal entries as at December 31, 2016

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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