User Account

All Pages

What is the par value of the common stock

Assignment Help Accounting Basics
Reference no: EM131706324

Question - For a recent 2-year period, the balance sheet of Splish Company showed the following stockholders' equity data at December 31 (in millions).

2017

2016

Additional paid-in capital

$ 900

$ 810

Common stock

663

654

Retained earnings

7,200

5,310

Treasury stock

1,764

896

Total stockholders' equity

$6,999

$5,878



Common stock shares issued

221

218

Common stock shares authorized

500

500

Treasury stock shares

36

28

(a) Answer the following questions.

(1) What is the par value of the common stock?

(2) What is the cost per share of treasury stock at December 31, 2017, and at December 31, 2016?

(b) Prepare the stockholders' equity section at December 31, 2017.

Reference no: EM131706324

Questions Cloud

Identify three exceptions to the exclusionary rule : Explain why you believe or don't believe that exceptions to the Exclusionary Rule should be made.Select three exceptions to the Exclusionary Rule .
Define union shop requirement of the collective agreement : When the NLRB held a deauthorization election for the unionized employees at Shaw Manufacturing Co., only 60 of the 100 members of the bargaining unit actually.
Discuss what causes criminal behavior : Based on the various theories and theoretical perspectives, discuss your personal view regarding what causes criminal behavior
Recognize the elements and correct use of a thesis statement : Recognize the elements and correct use of a thesis statement. Recognize the use of summary, paraphrasing, and quotation to communicate main points of a text.
What is the par value of the common stock : What is the par value of the common stock? What is the cost per share of treasury stock at December 31, 2017, and at December 31, 2016
Discuss the instructional planning for students : What does a teacher need to consider in the instructional planning for students with physical and/or health impairments, and traumatic brain injury
Discuss the elements of crime : Discuss the elements of crime and the elements of law applicable to this crime.Identification of the law applicable to the crime .
Marginal rate of technical substitution : Derive the marginal rate of technical substitution for the Cobb-Douglass production function Q = cLaKß.
Importance of compiling business reports : Examine the importance of compiling business reports to suit managerial needs - reflect a writers strategic consideration of a situation

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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