What is the impact on total shareholders equity

Assignment Help Accounting Basics
Reference no: EM13494550

(TCO 4) Our company had 20,000 shares of common stock outstanding. Par value is $10. Our company approved a 2-for-1 stock split. What are the common stock shares and par value after the split? What is the impact on total shareholders' equity?

Reference no: EM13494550

Questions Cloud

A held-to-maturity investment : Garfield Company purchased, as a held-to-maturity investment, $80,000 of the 9%, 5-year bonds of Chester Corporation for $74,086, which provides an 11% return
Find how high it goes above the launch height : a water balloon is launched from ground level with an initial velocity of 12.4 m/s @ 27.0° above the horizontal. Find how high it goes above the launch height
Explain coliform organisms by the fermentation : The community of Enviro, US (population 26,300) tests its drinking water supply for coliform organisms by the fermentation tube method (five 10 ml portions per sample).
Estimate the magnitude of the net force acting on the object : If a 350 kg object is moving with constant velocity 22 m/s due east, then what is the magnitude of the net force acting on the object
What is the impact on total shareholders equity : What is the impact on total shareholders' equity
Explain nacl and what is the percent yield : If 15 mL of a 1 M HCl solution is mixed with 25 mL of a .250 M NaOH solution in a process that produces 273 mg of NaCl, what is the percent yield
Estimate the average frictional force that stops the bullet : A 7.80-g bullet moving at 480 m/s penetrates a tree trunk to a depth of 6.0 cm. Use work and energy considerations to find the average frictional force that stops the bullet
Would you buy stock in this company : Would you buy stock in this company? Are there questions you would want answered before answering the original question? What are the strengths and weaknesses of this company?
Explain the volume of fluorine gas required to react : The volume of fluorine gas required to react with 2.67 g of calcium bromide to form calcium fluoride and bromine at 41 ºC and 4.31 atm is how many mL

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the t-account entries for stock transactions

Prepare the T-Account entries for the following stock transactions of the ALEXANDER Corporation: Issued 1000 shares of $2 par common stock for $68 per share. The down payment is $52 per share with the remainder to be paid in three months.

  Time and material pricing method

Discuss the time and material pricing method.

  Flip earns a salary of 7500 per month during the year fica

flip earns a salary of 7500 per month during the year. fica taxes are 8 on the first 100000 of gross earnings. federal

  What is the effect of each of these items

Partner A performs $5,000 of contract-type Code Sec. 707(a) services for the ABC partnership in December of 2009, but does not get paid until January of 2010. A and ABC are both calendar-year taxpayers, but A is on the cash basis and ABC is on the..

  Investment income and related expenses

Investment income and related expenses amount to $7,000 and $500, respectively. What is Mike and Sally's interest deduction for the 2010 tax year?

  Entry to record the exchange of assets

Lupa Inc. trades its used machine (cost $12,000 less $4,000 accumulated depreciation) for a new machine. In addition to exchanging the old machine (which had a fair market value of $9,000), Lupa also paid cash of $3,000.

  How does cash flow affect the evaluation of an investment

how does cash flow affect the evaluation of an investment? if an initial investment will be 100000 which is better a

  Operating section of the statement of cash flows

Under IFRS, the following is true of the operating section of the statement of cash flows:

  Auto accident and 2013 agi

Juanita, who is single, is in an automobile accident in 2012 and her car sustains $6,200 in damages. Because both drivers received tickets in the accident, Juanita does not expect to recover any of the loss from her insurance company.

  Effects-accounts and financial statements

Illustrate the effects on the accounts and financial statements of recording the following selected transactions of LoneStar Leather Co.:

  Post the entries to the general ledger if you are not using

comprehensive problem 2 for heintz and parry 20th college accountingassetsrevenues101cash401registration

  What journal entry is needed to record payroll from week

What journal entry is needed torecord the payroll from the week prior (week ending 05/22, payroll computation happening on Tuesday 05/26).

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