Uno company has outstanding 52000 shares of 10 par value

Assignment Help Accounting Basics

Reference no: EM13608270

Uno Company has outstanding 52,000 shares of $10 par value common stock and 25,000 shares of $20 par value preferred stock (8%). On December 1, 2011, the board of directors voted an 8% cash dividend on the preferred stock and a 30% stock dividend on the common stock. At the date of declaration, the common stock was selling at $35 and the preferred at $20 per share. The dividends are to be paid, or issued, on February 15, 2012. The annual accounting period ends December 31.

Explain the comparative effects of the two dividends on the assets, liabilities, and stock holders' equity..
a) Through December 31, 2011
b) On February 15, 2012
c) Overall, from December 1, 2011 through February 15, 2012

Reference no: EM13608270

Questions Cloud

During a particular thunderstorm the electric potential : during a particular thunderstorm the electric potential between a cloud and the ground is vcloud - vground 2.2 x 108 v

Swc inc uses standard costs to value its inventories the : swc inc. uses standard costs to value its inventories. the standard cost of direct labor is 84 6 hours 14 per hour.

Hunt company is considering purchasing a competing company : hunt company is considering purchasing a competing company in order to expand its market share. estimates of the excess

The capacitor is 200 cm long and its plates are separated : the drawing shows an electron entering the lower left side of a parallel plate capacitor and exiting at the upper right

Uno company has outstanding 52000 shares of 10 par value : uno company has outstanding 52000 shares of 10 par value common stock and 25000 shares of 20 par value preferred stock

Another vector has an x-component of -5 m a y-component of : one vector has an x-component of 9 m a y-component of 10 m and a z component of 9 m. another vector has an x-component

Question 1- material variances michigan company has : question 1- material variances michigan company has developed the following raw material standards for a single unit of

You need to prepare a 0151-mm-diameter tungsten wire with a : you need to prepare a 0.151-mm-diameter tungsten wire with a resistance of 2.83 k? how long must the wire be? the

Sketch and label a graph of the specific volume vs : sketch and label a graph of the specific volume vs temperature for a pure metal that shrinks as it cools. state all

User Account

All Pages