User Account

All Pages

Prepare a tabular summary of the effects of the actions

Assignment Help Accounting Basics
Reference no: EM131820469

Problem

On October 31, the stockholders' equity section of Pele Company's balance sheet consists of common stock $367,600 and retained earnings $392,200.

Pele is considering the following two courses of action:

(1) Declaring a 6% stock dividend on the 91,900 $4 par value shares outstanding
(2) Effecting a 2-for-1 stock split that will reduce par value to $2 per share.

The current market price is $16 per share.

Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares.

Reference no: EM131820469

Questions Cloud

Random variable having a normal distribution : The amount of time spent by a statistical consultant with a client at their first meeting is a random variable having a normal distribution with a mean value
How much did brianna cash balance increase : Computing the change in cash; identifying non-cash transactions Brianna's Wedding Shops earned net income of $25,000, which included depreciation of $16,000.
Determine the incremental cost per unit of the organization : Determine the INCREMENTAL cost PER UNIT of the organization as a WHOLE if Division B purchases the units INTERNALLY
What is the probability that the player functions : a. What is the probability that the player functions for at least 4 hours? b. What is the probability that the DVD player works for at most 7 hours?
Prepare a tabular summary of the effects of the actions : Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares.
What were the total dividends paid to shareholders : What were the total dividends paid to shareholders during the most recent year?
How much free cash flow does lopez expect : Computing free cash flow Shauna Lopez Company expects the following for 2016: Net cash provided by operating activities of $144,000.
Discuss bricks-and-mortar stores have over online stores : What advantages do bricks-and-mortar stores have over online stores. Can Amazon replicate these advantages. Why or why not
Discount rate and your y-axis net present value of cash flow : Begin by plotting how the NPV of the project changes with different discount rates. "Discount Rate" and your y-axis "Net Present Value of Cash Flows".

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