Value common stock outstanding

Assignment Help Financial Accounting

Reference no: EM131292036

on January 31, Village bank had 50,000 shares of $3 per value common stock outstanding. on that date, the company declared a 10% stock dividend when the market price of the stock was $62 per share. The immediate effect of this dividend upon Village bank was:

Reference no: EM131292036

Questions Cloud

Determine the contribution margin in dollars-per unit : In the month of March, Style Salon services 570 clients at an average price of $ 190 . During the month, fixed costs were $ 26,718 and variable costs were 68 % of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Using th..

Investment impair his firms independence on this audit : Auditor Independence Utilize the AICPA website to respond, however to respond to this case, please consult not only auditing standards (AU-C), but also the AICPA’s revised Code of Conduct. What guidance tells Tim that he must be independent of Lava C..

Actively participates in the rental activity : In the year 2006, Jay Smith (336-55-1983) paid $125,000 for a condominium that he uses as a rental property. In 2011, he spent $36,000 furnishing the condo. The property is located at 3906 East Far Lane #5, Santa Clara, CA 46883. Jay actively partici..

Business transaction includes a credit to liability account : The journal entry to record a particular business transaction includes a credit to a liability account. This transaction is most likely also to include:

Value common stock outstanding : on January 31, Village bank had 50,000 shares of $3 per value common stock outstanding. on that date, the company declared a 10% stock dividend when the market price of the stock was $62 per share. The immediate effect of this dividend upon Village b..

Prepare make/buy analysis showing annual advantagadvantage : Lindon Company uses 10,000 units of Part Y each year as a component in the assembly of one of its products. The company is presently producing Part Y internally at a total cost of $100,000 as follows. Prepare a make-or-buy analysis showing the annua..

Apital projects fund statements-government-wide statements : A state incurs interest on funds used while a highway was under construction. How will this interest be accounted for on the state’s (a) capital project’s fund statements and (b) government-wide statements?

Capital projects fund and government-wide statements : A state incurs interest on funds used while a highway was under construction. How will this interest be accounted for on the state’s (a) capital project’s fund statements and (b) government-wide statements?

Debit income summary and debit income summary : A company had revenues of $75,000 and expenses of $62,000 for the accounting period. The owner withdrew $8,000 in cash during the same period. Which of the following entries could not be a closing entry? Debit Income Summary $62,000, credit Expenses ..

User Account

All Pages