What is the significance of the date of record

Assignment Help Accounting Basics
Reference no: EM131107171

1. The following note related to stockholders' equity was reported in Wiebold, Inc.'s annual report. On February 1, the Board of Directors declared a 3-for-2 stock split, distributed on February 22 to shareholders of record on February 10. Accordingly, all numbers of common shares, except unissued shares and treasury shares, and all per share data have been restated to reflect this stock split. On the basis of amounts declared and paid, the annualized quarterly dividends per share were $0.80 in the current year and $0.75 in the prior year.

(a) What is the significance of the date of record and the date of distribution?
(b) Why might Wei bold have declared a 3-for-2 for stock split?
(c) What impact does Wie bold's stock split have on? 
(1) Total stockholders' equity, 
(2) Total par value,
(3) Outstanding shares, and 
(4) Book value per share?

Reference no: EM131107171

Questions Cloud

Calculate the viscosity of blood : Blood takes about 1.45 s to pass through a 2.00-mm-long capillary. If the diameter of the capillary is 5.00 μm and the pressure drop is 2.85 kPa, calculate the viscosity of blood. Assume laminar flow.
What are issues surrounding affirmative action in the case : Describe the positives and negatives. How successful has affirmative action been in correcting inequalities? What are the issues surrounding affirmative action in this case? Is a part of the law being challenged?
Find the skew ness of the exponential distribution : Skew ness is a measure of the asymmetry of a distribution. Distributions that are symmetric about μ have skew ness equal to 0. Distributions that are right skewed have positive skew ness. Left-skewed distributions have negative skew ness.
Kinematic viscosity of air : Calculate the viscosity (dynamic viscosity) and kinematic viscosity of air when the temperature is 288.15K
What is the significance of the date of record : What is the significance of the date of record and the date of distribution?
Fourth moments of the exponential distribution : Find the second, third, and fourth moments of the exponential distribution using the mgfs. Give a general expression for the kth moment of the exponential distribution.
Ph at the equivalence point : When 50.0 mL of 0.050M formic acid, HCO2H, is titrated with 0.050M sodium hydroxide, what is the pH at the equivalence point? (Be sure to take into account the change in volume during the titration.)
Binomial random variables with parameters : Let X and Y be independent binomial random variables with parameters (m, p) and (n, p), respectively. Use the mgfs to show that X +Y is a binomial random variable with parameters m + n and p.
Calculate the viscosity of the fluid : A flywheel weighing 600 N has a radius of gyration of 300 mm.It starts rotation at 600 rpm and due to the viscosity of the fluid in the sleeve it is retarding at the rate of 1 rpm/s.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the correct balances at may 31 for merchandise

the following informationregarding inventory transactions is available for the month of may.date nbspnbspnbspnbsp

  Spiller corp plans to issue 10 15-year 500000 par value

spiller corp. plans to issue 10 15-year 500000 par value bonds payable that pay interest semiannually on june 30 and

  An examination of the accounting records of clowney company

an examination of the accounting records of clowney company disclosed a high contribution margin ratio and production

  Provide an analysis and explanation of the role of the gao

provide an analysis and explanation of the role of the GAO.

  Under us gaap extraordinary items and discontinued

under us gaap extraordinary items and discontinued operations are separately presented in the income statement

  Is the shirt a negotiable instrument

Is the shirt a negotiable instrument? For extra points, how many years does he get to spend in a federal prison for messing with the IRS?

  According to the companys records the conversion cost in

according to the companys records the conversion cost in beginning work in process inventory was 79893 at the beginning

  How does a government determine which governmental funds

how does a government determine which governmental funds aremajor funds? how does a government decide which proprietary

  Determining deductible casualty loss

Before Del had a chance to sell the car it was destroyed in a fire. Unfortunately, there was no insurance on the car. If Del's AGI is $100,000, what is the deductible casualty loss for the car?

  Cash and recognition of the first month

Prepare the journal entry on January 31 to record the collection of cash and recognition of the first month's revenue, assuming total cost savings exceed target,

  Budgeted cost of merchandise

Gross margin is typically 40% of sales. Determine the budgeted cost of merchandise purchases for July.

  Variable expenses in the cvp income statement

Paulsen Company sells 100,000 units for $15 a unit. Fixed costs are $350,000 and net income is $250,000. What should be reported as variable expenses in the CVP income statement?

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