User Account

All Pages

How much will total equity become following stock dividend

Assignment Help Financial Accounting
Reference no: EM132974247

Problem - Ollie Goose Inc. has $2.00 par value common stock of $5,000,000. The firm has 2,500,000 shares outstanding. The additional paid-in capital account has a balance of $1,000,000 and the retained earnings account has a balance of $2,000,000. The market price of the stock is $2.50 per share. The firm is considering issuing a 15% stock dividend.

How much will the retained earnings account become following the stock dividend?

How much will total equity become following the stock dividend?

How much will the additional paid-in capital account become following the stock dividend?

Reference no: EM132974247

Questions Cloud

Performance of analytical procedures at the end of the audit : How would you define the two types of events that occur after the reporting period' What are the potential accounting effects of each type
Solve the price that dune industries ltd ordinary shares : Calculate the price that Dune Industries Ltd ordinary shares should be selling for in the market, using BNC's growth projections.
What was the cost per shirt to the store : 1. Gerry runs a clothing store in London. He recently purchased 1200 dress shirts that had manufacturer's list price of %55 per shirt. On each shirt there was a
Give the journal entries on june : Give the journal entries on June 1, 2019, December 31, 2019 and May 31, 2020. Monroe Corporation discounted its own P 3,000,000 non-interest-bearing note.
How much will total equity become following stock dividend : Ollie Goose Inc. has $2.00 par value common stock of $5,000,000. How much will total equity become following the stock dividend
Give the journal entries on may and december : Give the journal entries on May 1, 2019, December 31, 2019 and April 30, 2020. On May 1, 2019, the Madison Company purchased two new company automobiles.
Benefits to the auditor from using statistical sampling : What is meant by tolerable misstatement, tolerable rate of deviation and confidence level and Discuss the benefits to auditor from using statistical sampling
What amount should washington company report : Washington wrote and issued checks to creditors totaling P350,000. What amount should Washington Company report as total accounts payable as of December 31?
Statement about the general data protection regulation : Identify a true statement about the General Data protection Regulation (GDPR).

Reviews

Write a Review

Financial Accounting Questions & Answers

  What considerations should the owners make in termination

What considerations should the owners make in this termination? Should they consider making an S election and then later, terminating the S corporation? If you were their tax advisor, what would you recommend?

  What entry does mc company make upon receipt of the check

MC Company sells merchandise on account for $8,000 to LN Company, What entry does MC Company make upon receipt of the check?

  What the differential cost of producing product d is

What the differential cost of producing Product D is?Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $21.20

  Depreciation on product equipment

Drew Inc. incurred a variety of costs during the month of Dec. These costs wer $20,000 for factory labor, $7430 for supervisors' salaries, $3230 for depreciation on product equipment, $1730 for electricity for the manufacturing facilitiy

  How only one cheque was presented for the total amount

Your client is a parent who lent $40,000 to her son to provide a short-term housing loan. The agreement is that the son will repay $50,000 at the end of five years.- Only one cheque was presented for the total amount.

  Should franco accept the special order

Should Franco accept the special order? How would Franco's decision change if the factory was already producing at capacity at the time of the special offer?

  Percentage-of-completion and completed-contract methods

In accounting for long-term construction contracts (those taking longer than one year to complete), the two methods commonly followed are the percentage-of-completion and completed-contract methods.

  What are the cost of goods manufactured

Change in work-in-process inventory $195 increase. What are the cost of goods manufactured and cost of goods sold

  How to calculate proceeds that raised on bond issuance

How to start amortization table using the effective interest method of amortization. How to Calculate proceeds that raised on bond issuance.

  What amount of unrealized gain or loss should be reported

If City Company is a medium-sized entity, what amount of unrealized gain or loss should be reported in the company's other comprehensive income?

  Calculate the amount will need to deposit today to reach

Your friend is celebrating her birthday and wants to start saving for retirement. Calculate the amount will need to deposit today to reach retirement goal.

  Calculate the overall project eva

$2,500,000 up front and will generate cash flows in perpetuity of $240,000. The firm's cost of capital is 9%. Calculate the overall project EVA.

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