What is the effect on retained earnings

Assignment Help Accounting Basics
Reference no: EM133031528

Question - JKL Company has 800,000 shares, $1 Par Value Common Stock outstanding. JKL Company declares a 50% Common Stock Dividend when the market value of the Common Stock is $25 per share. What is the effect (increase or decrease and amount) on Retained Earnings of this large stock dividend?

Reference no: EM133031528

Questions Cloud

Element-customer relations : Please provide a real-life Contract Specialist role example/scenario/action for each of the standards listed for the element below. The employee input should fo
Company leadership and management : Leaders, with the help of followers, are responsible for enacting an organization's vision, mission and strategies, and for achieving goals in socially responsi
Performance using two theories of emotional intelligence : Judge the effect of emotions on you as a leader and on two other people's performance using two theories of emotional intelligence.
How much economic value added results : For the most recent year, Division generated sales of $10,000,000 and expenses of $7,500,000. How much economic value added results
What is the effect on retained earnings : JKL Company has 800,000 shares, $1 Par Value Common Stock outstanding. What is the effect (increase or decrease and amount) on Retained Earnings
Global investment opportunity scan : You are working for a company that is considering investing in a foreign country. Management has requested a report regarding the attractiveness of alternative
Long-term objective of becoming a global company : Sarah completed her education at a business college in June 2020, majoring in Sales & Marketing, and on August 1, 2021, was appointed Sales Manager at Toronto b
Essay on ananalytical technique for the drug : Structure of the molecule and the associated chemistry - mechanism of action of the molecule- what does it actually do
What amount of equity method income would matthew recognize : What amount of equity method income would Matthew recognize in 2021 from its ownership interest in Lindman

Reviews

Write a Review

Accounting Basics Questions & Answers

  Activity-based costing system

Which of the following indicates that a company may benefit from an Activity-Based Costing system?

  Adjusting entry to be made by watson shoe company

On July 1, the Watson Shoe Store paid $6,000 to Ace Realty for 4 months rent beginning July 1. Prepaid rent was debited for the full amount. If financial statements are prepared on July 31, the adjusting entry to be made by Watson Shoe Company is ..

  Is his approach to motivating employees ethical

Klein believes that his tactics will motivate the sales force to generate record profits for the upcoming year. Is his approach to motivating employees ethical

  The annual demand for soni dvd players

Suppose the annual demand for Soni DVD players at an appliance store is normally distributed with mean 150 and standard deviation 45. When the store orders these DVD players from its supplier, it takes an amount of time L for the order to arrive, ..

  Compute the margin of safety ratio for current operations

mary willis is the advertising manager for bargain shoe store. she is currently working on a major promotional

  What is the amount of total liabilities at the end of year

If total assets decreased $75,230 and owner's equity increased $86,010 during the year, what is the amount of total liabilities at the end of the year

  Sarp and townson had capital balances of 60000 and 120000

sharp and townson had capital balances of 60000 and 120000 respectively on january 1 of the current year. on may 8

  What should brandon report

On July 1, 2014, Brandon purchased an option to buy 1,000 shares of General, Inc. at $30 per share. On his 2014 tax return, what should Brandon report

  Prepare swifty journal entries on january

Prepare Swifty' journal entries on January 1, 2020 (commencement of the operating lease), and on December 31, 2020. Assume the implicit rate used

  What does it pay in taxes and what is its after-tax income

A firm's annual revenues are $850,000. Its expenses for the year are $615,000, and it claims $135,000 in depreciation expenses. What does it pay in taxes.

  What is the expected return for the overall stock market

Assume that the risk-free rate is 2.5% and the market risk premium is 8%. What is the expected return for the overall stock market

  What will next years sales budget be

What will next years sales budget be?turnover of 1.2 and an average check of $17.00 and is open 6 days a week.Next year average check is forecast to increase

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