What is the reformulated capital structure on december 31

Assignment Help Cost Accounting
Reference no: EM13538662

Reformulated Capital Structure. Blake Company's capital structure on December 30, 20X1, was:

Common stock ($1 par, 100,000 shares)

$100,000

Paid-in capital on common stock

20,000

Retained earnings

680,000

Total stockholders' equity

$800,000

The company's net income for 20X1 was $150,000. It paid out 40 percent of earnings in dividends. The stock was selling at $6 per share on December 30.

Assuming the company declared a 5 percent stock dividend on December 31, what is the reformulated capital structure on December 31?

Reference no: EM13538662

Questions Cloud

Explain what is the ph of the resulting buffer of naoh : 500.0 mL of 0.170M NaOH is added to 585 mL of 0.200 M weak acid (Ka=2.66*10^-5) what is the pH of the resulting buffer. HA(aq) + OH(aq) ---> H20(l) + A^- (aq)
What will market price per share be immediately split : Stock Split. The Simpson Company has 50,000 shares of common stock having a par value of $12 per share. The board of directors decided on a 2-for-1 stock split. The market price of the stock was $20 before the split.
How to compute the change in ph hcl : Calculate the change in pH when 8.00 mL of .100 M HCl(aq) is added to 100.0 ml of a buffer solution that is 0.100M in NH3(aq) and 0.100M in NH4CL(aq) change in pH=
Find the average power required : A 15.0 kg box is pushed up an 8.00 m long frictionless incline inclined at an angle of 30.0 degrees above the horizontal in 4.2 seconds. Find the average power required
What is the reformulated capital structure on december 31 : Assuming the company declared a 5 percent stock dividend on December 31 and what is the reformulated capital structure on December 31?
Determine the induced emf in the entire solenoid : A solenoid of length 6.3 cm and diameter 0.88 cm is wound with 178 turns per cm. The current is decreasing at a rate of 38.0 A/s. What is the induced emf in the entire solenoid
Explain the plate was removed from the developing chamber : A TLC plate showed two spots with Rf values of 0.25 and 0.26. The plate was removed from the developing chamber, the residual solvent was allowed to evaporate from the plate, and then the plate was returned to the developing chamber
How much will retained earnings be reduced : how much will retained earnings be reduced and what is the par value of the common stock to be issued? (c) What is the paid-in capital on common stock?
Depict and/or describe everything that can assumed : Draw and/or describe everything that can assumed/known about the below peaks (e.g. "it's a -CH2-, attached to either a C=C or C=O, with a CH neighbor on the other side"); note that each peak should be considered individually and they are not part ..

Reviews

Write a Review

Cost Accounting Questions & Answers

  A company manufactures a sells and product it for 120 per

a company manufactures a sells and product it for 120 per unit. the net fixed costs of manufacturing and selling the

  Effect of inventory cost flow on ending inventory balance

Record the above transactions in general journal form and post to T-accounts using (1) FIFO, (2) LIFO, and (3) weighted average. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions.

  Determine the net benefit to hp

Evaluate whether Product F should be sold or processed further into Product G. Determine the net benefit (cost) of further processing per liter.

  Prepare balance sheets for revival interiors

Prepare balance sheets for Revival Interiors as of August 31 and as of September 30 and determine the amount of net income for September, assuming that no additional capital stock was issued and no dividends were paid.

  What about issue costs

(c) Where should a discount or premium appear in the financial statements? What about issue costs?

  Determine the value of the companys inventory

Determine the value of the companys inventory under the lower-of-cost-or-market approach - Bardell Company sells three different categories of tools

  Implement to control unallocated costs

what other potential measures will we implement to control those unallocated costs and regarding customer profitability profiles, what could be done when customers have unfavorable profiles?

  Common stock transactions and stockholders equity

Prepare the stockholders' equity section of Blank Company's balance sheet  at May 31, 2010. Net Income earned during the first three months was $15,000.

  Amount of accumulated depreciation olds

Determine the amount of depreciation expense and the amount of accumulated depreciation Olds would report on the 2012 financial statements.

  Activity-based management talbot partners is a consulting

activity-based management talbot partners is a consulting firm with clients across the nation. within the company is a

  At what value should the company capitalize the building

Would your answer change if the bid from the outside contractor had been $80,000? $60,000?

  Complete the worksheet

Using information, complete the worksheet on the subsequent page for Mann's Copy Shop for the month of September you have to prepare for the month ending 30 th September, 2008:

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