The components of stockholders equity

Assignment Help Accounting Basics
Reference no: EM131134416

1. The stockholders' equity section of O'Vear Corporation consists of common stock ($10 par) $2,000,000 and retained earnings $500,000. A 10% stock dividend (20,000 shares) is declared when the market value per share is $14. Show the before and after effects of the dividend on the following

(a) The components of stockholders' equity.

(b) Shares outstanding.

(c) Par value per share.

Reference no: EM131134416

Questions Cloud

The balance in retained earnings on 1 januar 2010 : The balance in retained earnings on January 1, 2010, for Persinger Inc, was $800,000. During the year, the corporation paid cash dividends of $90,000 and distributed a stock dividend of $8,000.
How do trial judges and appellate judges differ : How do trial judges and appellate judges differ? Pomona hires Tom to renovate her farm house and repair some minor damages for $1000. Tom informs her that it will take him at least 6 months to complete the work. Discuss whether the parties in questio..
Prepare the retained earnings statement for the year : Prepare the retained earnings statement for the year assuming the balance in retained earnings on January 1, 2010, was $220,000.
What is the industry and what is the revenue model : Describe the business (real or imagined) involved thoroughly. What is the industry? What is the revenue model? What is the company's strategic vision and who are the stakeholders? Do they produce goods, services, or both?
The components of stockholders equity : The stockholders' equity section of O'Vear Corporation consists of common stock ($10 par) $2,000,000 and retained earnings $500,000. A 10% stock dividend (20,000 shares) is declared when the market value per share is $14. Show the before and after ef..
Human resource planning assignment : Human Resource Planning Assignment - 1 Due Date: 14th March, 2016 CHAPTER 1: STRATEGIC STRAFFIN In this chapter, you learned that the strategic staffing process guided by hiring goal that are clearly linked to an organization's strategies and objecti..
Review the inquirer to determine current strategy : Review the Inquirer to determine Digby's current strategy. How will they seek a competitive advantage? From the following list, select the top five sources of competitive advantage that Digby would be most likely to pursue.
Appreciative questions before getting into areas of critique : With each developed question, include a reference to one of the above four areas that relates to the specific question. The goal of this exercise is to ensure that you cover these four areas, in one way or another. It is a good idea to start with two..
Prepare the entries for the declaration and payment : Tidwell Corporation has 50,000 shares of $10 par value common stock outstanding. It declares a 10% stock dividend on December 1 when the market value per share is $16.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Area company purchased a delivery van at a cost of 30000

area company purchased a delivery van at a cost of 30000 cash on january 1 2013. the van has an estimated useful life

  Based on the following production and sales data of

based on the following production and sales data of concrete co. for marchof the current year prepare a a sales budget

  A company is considering investing in a project that is

a company is considering investing in a project that is expected to return 350000 four years from now. how much is the

  Percentage-of-completion method in accounting for long-term

UMUC contracted to build a new hotel for $800,000 that will take 3 years to complete. The following information pertains to the contract. UMUC uses the percentage-of-completion method in accounting for long-term contracts.

  Prepare the journal entry to record carson withdrawal

Carson, Letterman, and O'Brien are partners who share profits and losses 50%, 30%, and 20%, respectively. Their capital balances are $116,000, $69,000, and $34,000, respectively.

  The sports equipment division of jorgensen company is

the sports equipment division of jorgensen company is operated as a profit center. sales for the division were budgeted

  Necessary ledger accounts

prepare the necessary ledger accounts assuming that aseparate set of books are maintained for the joint venture transactions.

  Determining compensation expense

On January 1, 2009, D Corp. granted an employee an option to purchase 6,000 shares of D's $5 par common stock at $20 per share.

  Velvet company allocates costs from the payroll department

velvet company allocates costs from the payroll department s1 and the maintenance department s2 to the molding p1

  Prepare schedules to compute the ending inventory

Prepare schedules to compute the ending inventory at March 31, 2011, under each of the following inventory methods.

  Government accounting: preparing journal entries

Government Accounting: Preparing Journal Entries

  The zenith manufacturing corporation sells a certain

the zenith manufacturing corporation sells a certain product at a price of 50 each. the variable costs involved in the

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