User Account

All Pages

How many shares of common stock did Rudd have outstanding

Assignment Help Accounting Basics
Reference no: EM132800033

Question - Rudd Corp. had 700,000 shares of common stock authorized and 300,000 shares outstanding at December 31,20x1. The following events occurred during 20x2:

-January 31 - Declared 10% stock dividend

-June 30 - Purchased 100,000 shares

-August 1 - Reissued 50,000 shares

-November 30 - Declared 2-for-1 stock split

At December 31, 20x2, how many shares of common stock did Rudd have outstanding? show the solution and explain.

Reference no: EM132800033

Questions Cloud

Compute annual depreciation for the first and second years : Assuming the declining-balance depreciation rate is double the straight-line rate, compute annual depreciation for the first and second years
Discuss the pros and cons of current trends : Discuss the pros and cons of current trends and core principles in the evaluation of health communication programs as described in chapter 14.
What accounting method do you think is the most appropriate : What accounting method do you think is the most appropriate for the allocation of joint cost and for their by products
Describe reasons for the decision reached in each case : Research and analyze (3) separate cases in which a teacher's individual rights were brought into question or denied; a teacher faced dismissal from his/her.
How many shares of common stock did Rudd have outstanding : At December 31, 20x2, how many shares of common stock did Rudd have outstanding? show the solution and explain
How much is the fair value of the plan assets : Contributions to the retirement fund during the year - 280,000. How much is the fair value of the plan assets as of year-end
What amount of vacation expense and liability be reported : In Rik's December 31, 20x6, financial statements, what amount of vacation expense and liability should be reported? show the solution and explain
Define how could the teacher revise the lesson : Are the standards, learning objectives, learning and teaching activities, and assessments aligned? If misaligned, how could the teacher revise the lesson.
Where teachers would find or access the assessment data : Where teachers would find or access the assessment data. Ideas for organizing (including use of technology), analyzing, or interpreting information from.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the entry for January

Prepare the entry for January 15, 2018, when the entire shipment is received, assuming that the situation in above part existed at December 31, 2017

  What is the net pension asset or net pension liability

What is the net pension asset or net pension liability at the end of 2021. Electromagnetic Inc, actuary determined that 2021 service cost is $76,000.

  Compute what amount of equity method would matthew recognize

Compute What amount of equity method income would Matthew recognize in 2015 from its ownership interest in Lindman?

  Compute the unit product cost for one gamelan

Compute the unit product cost for one gamelan, Assume that the company uses variable costing. Compute the unit product cost for one gamelan

  Give the entires on may and april

There is no established cash price for the equipment. Give the entires on May 1, 2016, Dec. 1, 2016 and April 30, 2017. Do not include the amounts.

  A company is considering replacing an old piece of

a company is considering replacing an old piece of machinery which cost 600000 and has 350000 of accumulated

  What you would do to reduce the carrying cost for fecal year

As a manager in charge of efficiency for the GBH company. Explain what you would do to reduce the carrying cost for the fecal year.

  Give the journal entry on july to record payment

Goods costing $2,000 are purchased on account on July 15 with credit terms of 2/10, n/30. On July 18 a $200 credit memo is received from the supplier for damaged goods.

  Prepare a tuition revenue budget

Western State University (WSU) is preparing its master budget for the upcoming academic year. Prepare a tuition revenue budget for the upcoming academic year

  Which conditions or events would most likely cause auditor

Which conditions or events would most likely cause an auditor to have significant doubt about an entity's ability to continue as a going concern.

  Wryski corporation had net operating income of 150000 and

wryski corporation had net operating income of 150000 and average operating assets of 500000. the company requires a

  What amount should coronado report as interest expense

Interest is payable semiannually on January 1 and July 1. What amount should Coronado report as interest expense for the six months ended June 30, 2020

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