Reference no: EM131772212
Question - On January 1, Molini Corporation had 95,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following occurred.
Apr. 1 Issued 25,000 additional shares of common stock for $17 per share.
June 15 Declared a cash dividend of $1 per share to stockholders of record on June 30.
July 10 Paid the $1 cash dividend.
Dec. 1 Issued 2,000 additional shares of common stock for $19 per share.
Dec. 15 Declared a cash dividend on outstanding shares of $1.20 per share to stockholders of record on December 31.
Prepare the entries, if any, on each of the three dividend dates.
How are dividends and dividends payable reported in the financial statements prepared at December 31?
Compute a paperback novel price index
: A paperback novel cost $1.50 in 1968, $3.50 in 1981, and $6.99 in 1995. Compute a "paperback novel price index" for 1981 and 1995 using 1968 as the base year.
|
Design simulate and test an audio amplifier
: Design, simulate, and test an Audio Amplifier which delivers one of the above power outputs to an 8? speaker load.
|
Estimate the value of a privately-held firm
: Estimate the value of a privately-held firm based on the following information: stock price of a comparable firm = $20.00; net income of a comparable
|
Particular expense is reasonable
: If you want to know if a particular expense is reasonable you would most likely examine a:
|
Prepare the entries on each of the three dividend dates
: On January 1, Molini Corporation had 95,000 shares of no-par common stock issued & outstanding. Prepare the entries, if any, on each of the three dividend dates
|
Construct a price function and the derivative
: You must construct a price function and the derivative definition of convexity to calculate the answer.
|
Determine the present value of the geometric annuity
: A workers compensation medical claim is set up to cover medical costs for the next 12 years. It will make an initial payment at time t=0 of $10,218.
|
What is the per-unit conversion cost
: If the unit cost of materials is $4 and the costs assigned to the 800 units is $6,000, what is the per-unit conversion cost
|
What amount should m recognize as compensation expense
: An option-pricing model estimates the fair value for the options to be $5 on the date of grant. What amount should M recognize as compensation expense for 2009
|