Total cash dividends of 8000 were declared and paid

Reference no: EM13482620

At the end of 1999, the total assets of Dole Corp were $90,000 and total liabilities were $50,000. The company has been in business five years and has earned an average net income of $4,000 per year during the five years. Total cash dividends of $8,000 were declared and paid. Therefore, the total amount received for the capital stock issued by the company was

a. $28,000

b. $30,000

c. $40,000

d. $46,000

Reference no: EM13482620

Questions Cloud

Addison inc made a 20000 sale on account with the : addison inc. made a 20000 sale on account with the following terms 210 n30. if the company uses the net method to

Dcl industries purchased a supply of mechanical components : dcl industries purchased a supply of mechanical components from e corporation on november 1 2011. in payment for the

The articles of partnership for a-b partnership provide for : the articles of partnership for a-b partnership provide for a salary allowance of 5000 per month for partner b with the

For august mcguire manufactering estimated sales revenue at : for august mcguire manufactering estimated sales revenue at 200000. it pays sales comissions that are 4 of sales. the

Total cash dividends of 8000 were declared and paid : at the end of 1999 the total assets of dole corp were 90000 and total liabilities were 50000. the company has been in

Each of the items listed below can be found in the : each of the items listed below can be found in the operating section of the statement of cash flows. indicate whether

Thomas desires to have 20 of the following months sales : how complete a sale budget for quatrer when the sales are 20sales budget for the 3rd quarter

At the beginning of year 1 kare company initiated a quality : at the beginning of year 1 kare company initiated a quality improvement program. considerable effort was expended over

For august mcguire manufactering estimated sales revenue at : for august mcguire manufactering estimated sales revenue at 200000. it pays sales comissions that are 4 of sales. the

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

User Account

All Pages