Total shares of stock outstanding

Assignment Help Accounting Basics

Reference no: EM13160009

Micron owns 3,000 shares of JVT. JVT has 25,000 total shares of stock outstanding. JVT paid $3 per share in cash dividends to its stockholders. Micron should record a:

A) Debit to Dividends for $75,000.

B) Debit to Dividends for $9,000.

C) Debit to Cash for $9,000.

D) Debit to Long-Term Investments for $9,000.

E) Credit to Long-Term Investments for $9,000.

Reference no: EM13160009

Questions Cloud

Atmospheric conditions of celestial body eris : Explain the atmospheric conditions (surface temperature, components of atmosphere, gases, humidity) of the celestial body Eris.

Find the marginal product of each factor : Does this production function exhibit constant, increasing, or decreasing returns to scale and find the marginal product of each factor and the marginal rate of technical substitution.

Identify a company in your area that would classify : identify a company in your area that would classify as a monopoly. explain why you classify it as monopoly and state how the company relate to at least 2 characterstics of that particuliar marke

Calculate the standard enthalpies and standard entropies : Calculate the Standard Enthalpies & Standard Entropies for each reactant & product at the temperature given first, then determine the ?H°rxn and ?S°rxn at 1600 K Zr(beta) + O2 = ZrO2(beta) Other information:

Total shares of stock outstanding : Micron owns 3,000 shares of JVT. JVT has 25,000 total shares of stock outstanding. JVT paid $3 per share in cash dividends to its stockholders. Micron should record a:

Primary characteristic of the new science : Describe a specific aspect of a particular painting by Vermeer or Rembrandt that demonstrates a primary characteristic of the New Science - the Science of Observation.

Floating point numbers in scientific notation : Floating point numbers in scientific notation represents numbers as a base number and an exponent. For examples: 2E3, 2.0E12, 3.14E+12, 3.14E-12. Give a grammar that generates floating point numbers. Use your grammar to derive 3.14E+12.

What was the correct cash balance : What was the correct cash balance at May 31, assuming the bookkeeper reported a balance of $12,475 after posting all 50 entries?

Explain how many grams of nacl are needed to produce : If 3 moles of NaCl are needed to produce 1 mole of AlCl3, how many grams of NaCl are needed to produce 200 grams of AlCl3? Show all of your work/calculations.

User Account

All Pages