Solution-How much will retained earnings be reduced

How much will retained earnings be reduced

Reference no: EM13538659

Stock Dividend. The Benson Corporation has 9,000 shares of common stock having a par value of $120 outstanding. A 10 percent stock dividend is declared. The fair market value of the stock is $124 per share.

(a) By how much will retained earnings be reduced? (b) What is the par value of the common stock to be issued? (c) What is the paid-in capital on common stock?

Reference no: EM13538659

Questions Cloud

Find the average power required : A 15.0 kg box is pushed up an 8.00 m long frictionless incline inclined at an angle of 30.0 degrees above the horizontal in 4.2 seconds. Find the average power required

What is the reformulated capital structure on december 31 : Assuming the company declared a 5 percent stock dividend on December 31 and what is the reformulated capital structure on December 31?

Determine the induced emf in the entire solenoid : A solenoid of length 6.3 cm and diameter 0.88 cm is wound with 178 turns per cm. The current is decreasing at a rate of 38.0 A/s. What is the induced emf in the entire solenoid

Explain the plate was removed from the developing chamber : A TLC plate showed two spots with Rf values of 0.25 and 0.26. The plate was removed from the developing chamber, the residual solvent was allowed to evaporate from the plate, and then the plate was returned to the developing chamber

How much will retained earnings be reduced : how much will retained earnings be reduced and what is the par value of the common stock to be issued? (c) What is the paid-in capital on common stock?

Depict and/or describe everything that can assumed : Draw and/or describe everything that can assumed/known about the below peaks (e.g. "it's a -CH2-, attached to either a C=C or C=O, with a CH neighbor on the other side"); note that each peak should be considered individually and they are not part ..

Evaluate the two alternatives in terms of the effect : Evaluate the two alternatives in terms of the effect on the price per share of the stock, the EPS, and the PE ratio.

State the expression for the equilibrium constant kc : Write the expression for the equilibrium constant Kc for the following thermal decomposition reaction. Be sure to enclose each concentration term in brackets (eg. [X]^3 and correctly specify the thermal formulas.

Explain the water vapor has come to equilibrium : Two beakers, one containing 0.010 m NaCl(aq) and the other containing 0.010 m AlCl3(aq), are placed inside a bell jar and sealed. The beakers are left until the water vapor has come to equilibrium with any liquid in the container.

User Account

All Pages

How much will retained earnings be reduced

Reference no: EM13538659

Reference no: EM13538659

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT