What net reduction in company a retained earnings

Assignment Help Accounting Basics
Reference no: EM133189760

Question - Company A declared a property dividend of 23,000 shares of its investment in Company B. These shares were purchased for $4 per share. On the declaration date of the dividend, the market price of Company B's share was $11 per share. What NET reduction in Company A's retained earnings would result from declaring this property dividend?

Reference no: EM133189760

Questions Cloud

How much is the cash proceeds for company a on november : Company A issues 8-year, 6% bonds with a face value of $7,500,000 at 104 plus accrued interest. How much is the cash proceeds for Company A on November
New insights regarding the food supply chain : What were some new insights regarding the food supply chain?
How much interest and principle will you have : The bank will give you 30 years loan at 10.5%. How much interest and principle will you have during the first ten years
Analyze the constitution and bill of rights : Analyze the Constitution and Bill of Rights. Choose the institutional power and the personal right you believe to be the most important in the context of homela
What net reduction in company a retained earnings : On the declaration date of the dividend, the market price of Company B's share was $11 per share. What NET reduction in Company A's retained earnings
Resistance to change questionnaire : Complete the Resistance to Change Questionnaire and view your results. Share your chart in the response.
What is organizational culture : What is organizational culture and how is it relevant to contemporary business culture? discuss organizational structure in the modern world
Language attitudes outside of the united states : First, research language attitudes outside of the United States. Then choose a language/dialect outside of the United States and research the attitudes that exi
Calculate the residual income for the proposed new line : Paula leaves all investment decisions to the divisional managers as long as they anticipate a minimum rate of return of at least 10%. Calculate residual income

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.

  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!

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