User Account

All Pages

How much Marigold total stockholders equity will increase

Assignment Help Accounting Basics
Reference no: EM132686349

Question - On December 1, 2021, Marigold Corp. exchanged 53000 shares of its $10 par value common stock held in treasury for a used machine. The treasury shares were acquired by Marigold at a cost of $40 per share, and are accounted for under the cost method. On the date of the exchange, the common stock had a fair value of $55 per share (the shares were originally issued at $30 per share). As a result of this exchange, how much Marigold's total stockholders' equity will increase?

a. $530000.

b. $2120000.

c. $2915000.

d. $2385000.

Reference no: EM132686349

Questions Cloud

Explain the purpose of each testing level : Explain the purpose of each testing level, and provide your reasoning for why it is important that each level of testing is performed for any software.
What is the balance in the investment in smith account : What is the noncontrolling interest's share of consolidated net income for this period? What is the balance in the Investment in Smith account?
Motivate employees to accept foreign assignments : Should U.S. companies should increase base pay (beyond the level that would be paid in the United States) to motivate employees to accept foreign assignments?
Explain the database models for multimedia : Explore NoSQL database alternatives. Select one topic from the four topics listed for your paper: Relational Database Models and data needs that support their.
How much Marigold total stockholders equity will increase : Marigold Corp. exchanged 53000 shares of its $10 par value common stock held in treasury, How much Marigold total stockholders equity will increase
Find the balance of the project benefit obligation for roca : Find the balance of the projected benefit obligation for Roca at December 31, 2017 is. Amortization of unrecognized prior service costs 78,000
Anthropology-evaluating the strength of scientific claim : Identify and describe at least two things to consider when evaluating the strength of a scientific claim.
Discuss indicators of personal fraud : David enters these transactions in his ledger. Discuss indicators of personal fraud that can reveal the possibility of such fraud
What the balance of projected benefit obligation for roca is : What the balance of the projected benefit obligation for Roca at December 31, 2017 is? Amortization of unrecognized prior service costs 78,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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