Reference no: EM132600551
The board of Directors of Misamis Oriental Ferries,Incorporated at their meeting on May 19,2006 declared a 10% cash dividend payable on sept. 17, 2006 to stockholders of record on July 31, 2006. The number of shares issued and outstanding were 5,000 shares with par value of 100 per share.
Question 1: How much amount of dividend should be declared?
Question 2: What is the entry yo record the declaration of cash dividend on may 19?
Question 3: What should be done on July 31, 2006?
Question 4: What is the entry to record payment of cash dividend on Sept. 17?
Question 5: How much is the cash dividend per share?
Question 6: If Cynthia tac-an owns 1000 shares, how much cash divedend will she receive?
Question 7: Assuming that each dividend declared is not yet paid to stockholders as of balance sheet date,it is presented in the balance sheet as a?
|
Counselling Theory - Case Study application
: Identification of the historical origins and evolution of BOTH of your chosen theories and Details about the typical counsellor/client relationship
|
|
How much would he have had received at maturity
: If he had invested the amount in a fund earning 1.20% p.a. more, how much would he have had received at maturity
|
|
Calculate private saving-private saving
: Calculate private saving, private saving, national saving, investment, and the equilibrium real interest, budget balance.
|
|
Strong educational programs
: At UC, it is a priority that students are provided with strong educational programs and courses that allow them to be servant-leaders
|
|
How much cash divedend will receive
: If Cynthia tac-an owns 1000 shares, how much cash divedend will she receive? What is the entry yo record the declaration of cash dividend on may 19?
|
|
What is the interest rate per month that is equivalent
: Helen invested her savings of $1,250 in a savings account that was earning simple interest at 3.63% p.a. What is the interest rate per month that is equivalent
|
|
How does affect budget balances
: During a recession, government often pursues expansionary fiscal policy. How does this affect budget balances?
|
|
Calculate the equivalent units of material
: Ending Inventory: 30,000 units, 40% complete as to materials and 10% complete as to conversion. Calculate the equivalent units of material
|
|
Compute what depletion charge per tonne of extract resource
: Roan Corp. acquired a tract of land containing an extractable, If Roan maintains no inventories, what is the depletion charge per tonne of extracted resource?
|