Stock dividend for market value

Reference no: EM13126823

A corporation had 50,000 shares of $20 per value common stock outstanding on July 1. Later that day the board of directors declared a 10% stock dividend when the market value of each share was $27. The entry to record this dividend is:

Reference no: EM13126823

Questions Cloud

Illustrate what is the balance in notes payable : Analyze: Illustrate what is the balance in Notes Payable on December 31, 2010, assuming that all notes were paid when due?

Calculus-application of derivatives : The prong of a tuning fork moves back and forth when it is set into vibration. The distance the prong moves between its extreme positions is 2.22 mm.

Probability that fifteen will live beyond ninety birthday : In a graduating class of 753 high school seniors, what is the probability that 15 or more will live beyond their 90th birthday?

Illustrate what is the amount of excess of purchase price : y excess of cost over fair value was attributed to goodwill, which has not been impaired. Emery Co. reported net income of $400,000 for 2011, and paid dividends of $200,000 during that year. Illustrate what is the amount of the excess of purchase p..

Stock dividend for market value : A corporation had 50,000 shares of $20 per value common stock outstanding on July 1. Later that day the board of directors declared a 10% stock dividend when the market value of each share was $27. The entry to record this dividend is:

Indirect costs are expected to remain the similar : Specialty spark plugs are selling for an average price of $20 and are expected to cost $8 to manufacture with the new equipment. Indirect costs are expected to remain the similar.

Mathematics-calculus-minimizing cost : A surfboard manufacturing company has determined that the cost function c(x), in hundreds of dollars, for producing x hundreds of boards is c(x) = .2x^2 -.84x + 3.625.

Calculus-area between curves : After t hours on the job, one factory worker is producing Q'1(t) = 60 - 2(t - 1)^2 units per hour, while a second worker is producing Q'2(t) = 50 - 5t units per hour.

Mathematics-calculus-minimization : An open-topped cylindrical pot is to have volume 125in^3. What dimensions will minimize the total amount of material used in making this pot?

User Account

All Pages