Prepare tabular summary of the effects of alternative action

Assignment Help Accounting Basics
Reference no: EM131633340

Question - On October 31, the stockholders' equity section of Heins Company consists of common stock $320,000 and retained earnings $894,000. Heins is considering the following two courses of action: (1) declaring a 4% stock dividend on the 32,000, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share.

Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per share.

Reference no: EM131633340

Questions Cloud

Discuss each of the four different strategies : Discuss each of the four different strategies that businesses can use when going global.Transnational strategy? Globalization standardization strategy?
Evaluate degree to which alternative provider payment method : Evaluate the degree to which alternative provider payment methods (e.g., capitation, pay for performance, etc.) impact HMO economic and business performance.
What strategic changes to the product or service : What strategic changes to the product or service will be required to keep it competitive?
Determine retirement payments of employees : Your employer uses a flat benefit formula to determine retirement payments to its employees. The fund pays an annual benefit of $2,500 per year of service.
Prepare tabular summary of the effects of alternative action : Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per share
Propose a health policy change at the state or federal level : In 750-1000 words, propose a health policy change at the state or federal level that you believe needs to change and why.
Traditional financial and management evaluation : Determine whether or not traditional financial and management evaluation ratios such as return on assets (ROA), return on equity (ROE).
Raise any possible defences under the acl : Do Ann, Bruce or Carol have any possible rights under Part 3-5 of ACL against Hank's, Distributors Ltd. or Mower Ltd.?
What might motivate employees to share their skills : What might motivate employees to share their skills and knowledge on a personal profile on the company's social networking intranet portal?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Show the relevant accounts ignoring brokerage and interest

A company's Debenture Redemption Account shows a balance of £19,000 represented by £20,000 (nominal) invested in securities.

  In 2004 link realty company purchased a tract of land for

in 2004 link realty company purchased a tract of land for 9000000. link developed the land into an industrial park at

  Identify both the risk and the return in each

All business decisions involve aspects of risk and return.

  Calculate how much property tax revenue oscar

Calculate how much property tax revenue Oscar will recognize in its governmental fund statements for 2013 Calculate how much property tax revenue Oscar will recognize in its government wide statements.

  A summary of work completed with related unit and total

1.the basic types of cost accounting systems arejob order cost systems activity based cost systems and process cost

  How do these short-term investments affect income statement

Day Systems had no short-term investments prior to 2011. It had the following transactions involving short-term investments in available-for-sale securities.

  What is the npv of one days sales

Arnold Barker is considering extending credit to group of new customer. If the cost of capital is 12%, what is the NPV of one day sales if Arnold grants credit

  Determine the maximum annual benefis payable to a

determine the maximum annual benefis payable to a participant from a defined benefit plan in the following independent

  How much was accrued wages payable

What is the effect of the transaction on the accounting equation - Reported as "Revenues" on Phil's income statement

  Direction of the effect on cash flows

For each of these, indicate whether the activity is investing (I) or financing (F) and the direction of the effect on cash flows

  All of the following are correct statements about the

all of the following are correct statements about the cost-based transfer price approach except that it can understate

  Compute annual depreciation for the first and second years

Compute annual depreciation for the first and second years using the straight-line method.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd