Reference no: EM132535616
Question - The stockholders' equity section of Eastwood Corporation's balance sheet appears as follows: Stockholders' equity: 8% preferred stock, $100 par value, 200,000 shares authorized 15,000,000 Common stock, $5 par value, 5,000,000 shares authorized 20,000,000 Additional paid-in capital: Preferred stock 450,000 Common stock 44,000,000 44,450,000 Retained earnings 2,680,000 Total stockholders' equity 82,130,000.
Required - On the basis of this information, answer the following questions and show any necessary supporting computations:
a. How many shares of preferred stock have been issued?
b. What is the total annual dividend requirement on the outstanding preferred stock?
c. How many shares of common stock have been issued?
d. What was the average price per share received by the corporation for its common stock?
e. What is the total amount of legal capital?
f. What is the total paid-in capital?
g. What is the book value per share of common stock? (Assume no dividends in arrears.)
|
Prepare general journal entry to record the interest payment
: Prepare the general journal entry to record the interest payment on June 30, 2020, assuming that Logan uses the effective interest method
|
|
Prepare the journal entries that X record
: X sold its investment in Y on January3,2021, for $280,000. No other investments were purchased during 2021. Prepare the journal entries that X record
|
|
Business strategy would encourage new business
: Explain why you feel this particular business strategy would encourage new business.
|
|
Managing the diverse workforce
: Discuss the challenges involved in managing diversity and inclusion. What is multicultural organization and how is that translated into recruitment and hiring
|
|
How many shares of preferred stock have been issued
: Preferred stock 450,000 Common stock 44,000,000 44,450,000 Retained earnings 2,680,000. How many shares of preferred stock have been issued
|
|
Leadership and motivating performance
: Discuss the differences between leading and managing. Discuss the process of goal setting theory in organizational motivation.
|
|
Describe some of the key components of temporary teams
: Temporary teams are an integral part of an organization's success. Describe some of the key components of temporary teams.
|
|
List two payroll taxes that are paid by the employee only
: List four taxes that would be deducted from an employee's gross pay to determine net pay. List two payroll taxes that are paid by the employee only
|
|
How do managerial communication approaches compare
: How do managerial communication approaches compare? How is feedback incorporated. Discuss the six functions of nonverbal communication.
|