Reference no: EM13903903
The stockholders' equity section of the balance sheet for Pental, Inc., follows before the stock dividend. Common stock, $1 par, 100,000 shares issued and outstanding $100,000 Additional paid-in capital 50,000 Retained earnings 450,000 Total stockholders' equity $600,000 Pental, Inc., declared a 5% stock dividend when the market price per share was $10. Required: In the space next to each account, determine the amounts of each account after the stock dividend was distributed.
______Common Stock
_______Additional paid in capital
_______retained earnings
|
Calculate the x six gross profit and end-x six inventory
: Calculate the x6 gross profit and end-x6 inventory for this product line under FIFO, LIFO and WAC cost-flow assumptions.
|
|
Prepare the bond schedule showing interest paid
: Ridgetop Company issued the following 5-year bonds on January 1, 2013: $100,000 maturity value, 6% annual interest payable semi-annually on July1 and December 31. The market rate of the date of issuance was 7%.
|
|
Assemble supporting material
: Select two brands that serve the same market but are not discussed in the chapter. Using print advertising, screen shots from Web sites, and stills from commercials (use screen shots from streaming video), assemble supporting material that helps y..
|
|
What kind of entity is zen inc
: Zen Inc. has a building worth $1,000,000 finance with $900,000 debt and $100,000 of equity. The building is leased to Yellow Inc. At the end of the lease term the building is available for purchase by yellow for $600,000. What kind of Entity is Zen..
|
|
The stockholders'' equity section of the balance sheet
: The stockholders' equity section of the balance sheet for Pental, Inc., follows before the stock dividend. Common stock, $1 par, 100,000 shares issued and outstanding $100,000 Additional paid-in capital 50,000 Retained earnings 450,000 Total stockhol..
|
|
Calculate roe for 2016. (round your answer to 1 decimal
: Phelps, Inc. had assets of $125,140, liabilities of $25,972, and 17,722 shares of outstanding common stock at December 31, 2014. Net income for 2015 was $13,114. The company had assets of $146,857, liabilities of $31,165, 12,913 shares of outstanding
|
|
Under procurement functions in an organisation
: Under procurement functions in an organisation, sale of items that are i.e., surplus in nature, no longer in use or are obsolete, is one of their functions. Under this functions, define what is disposal of an asset.
|
|
What can we learn about bp amocos operations
: What can we learn about BP Amoco's operations between 1997 and 2001 from the stock holding gains and losses it reports in those years?
|
|
Nick heller owns a garage and is contemplating purchasing
: Nick Heller owns a garage and is contemplating purchasing a tire retreading machine for $22,000. After estimating costs and revenues, Nick projects a net cash flow from the retreading machine of $3,800 annually for 9 years. Nick hopes to earn a retur..
|