What changes occur in the capital accounts

Assignment Help Accounting Basics
Reference no: EM133110310

Question - Jackson Enterprises has the following capital (equity) accounts:

Common stock ($2 par; 100,000 shares outstanding) $ 200,000

Additional paid-in capital 350,000

Retained earnings 250,000

The board of directors has declared a 15 percent stock dividend on January 1 and a $0.25 cash dividend on March 1. What changes occur in the capital accounts after each transaction if the price of the stock is $7?

Reference no: EM133110310

Questions Cloud

Theory of trade based on economies of scale : Choose a theory of trade based on comparative advantage and a theory of trade based on economies of scale,
Targeted weighted average cost of capital : Puma desires a weighted average cost of capital of 13 percent. The firm has an after-tax cost of debt of 4.8 percent and a cost of equity of 15.4 percent. What
What would be the effect of this income shift on federal tax : An individual has a consulting business as a sole proprietor. What would be the effect of this income shift on federal tax
Difference between two waccs : Sapp Trucking's balance sheet shows a total of noncallable $45 million long-term debt with a coupon rate of 7.00% and a yield to maturity of 6.00%. This debt cu
What changes occur in the capital accounts : The board of directors has declared a 15 percent stock dividend on January 1 and a $0.25 cash dividend on March 1. What changes occur in the capital accounts
Discuss characteristics of strategic decisions : Discuss the characteristics of strategic decisions. Give an example of a strategic decision made by your organization.
Highlight rightmove performance : Calculate, for BOTH the current and the previous year, FIVE relevant financial ratios that help to highlight Rightmove's performance for the trading period.
Hofstede cultural differences dimensions : Hofstede's Cultural Differences Dimensions explains cultural differences along four dimensions. In your own words, list and explain each dimension.
What is the component cost of debt : What is the component cost of debt for use in the WACC calculation? Do not round your intermediate calculations.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How does your interpretation of the image change

Search the Internet for an image from a used as part of an advertisement or published with a written work. How does your interpretation of the image change?

  Find and post all the relevant accounts to ledgers

Post all the relevant accounts to ledgers. Purchased a land and a small building for RM450,000. He paid RM165,000 cash and signed a note payable

  What is its degree of financial leverage

Nuance Art has only one type of debt outstanding: a long-term bond with a face value of $300,000, What is its degree of financial leverage

  Education in china is highly protected by the government

Education in China is highly protected by the government of the People's Republic of China

  The following information relates to vice versa ventures

the following information relates to vice versa ventures for calendar year 20xx the companys first year of operations

  Prepare a comparative income statement

Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for 2010 when compared with 2009

  Prepare entries that the buyer should record for purchase

Prepare entries that the buyer should record for (a) the purchase, (b) cash payment within the discount period, and (c) cash payment after the discount period

  The following correctly prepared entries

The following correctly prepared entries without explanations pertain to Corners Corporation:

  The lake placid town council has decided to build a new

the lake placid town council has decided to build a new community center to be used for conventions concerts and other

  Compute the annual worth of the project cash flows

Assuming MARR of 4%, compute the annual worth of the project's cash flows, and type in your answer expressed as a cost

  Provide journal entries using straight-line amortization

01/01/09 Redeem (i.e. buy back) twenty percent (20%) of the bonds outstanding for $18,500. Provide journal entries using straight-line amortization

  Manufacturing overhead for an estimated allocation base

The Ilarion Manufacturing Company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost.

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd