User Account

All Pages

What the treasury Stock on the balance sheet at December

Assignment Help Financial Accounting
Reference no: EM132967732

Question - In Year 1, Stock to the Hand, Inc., issued 30,000 shares of the 300,000 shares of $0.20 par value common stock it is allowed to sell. The total received from issuing its common stock is $200,000. Stock to the Hand bought back 3,000 shares of its stock at a cost of $13 each. On December 31, the last day of Year 1, Stock to the Hand declared and paid a $0.30 per share dividend to its common shareholders. What the treasury Stock on the balance sheet at December 31, Year 1, equals?

Reference no: EM132967732

Questions Cloud

Does managerial accounting have to follow GAAP : Does managerial accounting have to follow GAAP? What do you see as the fundamentals in regard to international financial management? Why
Describe segregation of duties and dual control : Describe segregation of duties and dual control. List three audit tasks related to the audit of financial investments that may require specialized skill
Write response in a professional manner : For companies that manufacture several products, Write response in a professional manner as if you were responding to the president of your company.
What is the amount of outstanding checks at the end of june : In May, $46235 of these checks were presented to the bank for payment and $59421 in June. What is the amount of outstanding checks at the end of June?
What the treasury Stock on the balance sheet at December : The total received from issuing its common stock is $200,000. What the treasury Stock on the balance sheet at December 31, Year 1, equals
International trade might affect the direction : Macroeconomic Indicator Research Project - Analyze How the Expansion and Contraction of International Trade might Affect the Direction of the Indicator (GDP)
What the net annual cash flows assuming are equal : If a 3-year capital project costing $170082 has an internal rate of return factor equal to 2.577, the net annual cash flows assuming they are equal
What is the annual rate of return for sheffield company : Which cost $250000 and had a salvage value at the end of its useful life of zero. If Mussina's expected annual net income is $5000, the annual rate of return is
What is your expected return on this stock : TSC, Inc. sells for $22 and pays an annual per share dividend of $1.90, which you expect to grow at 6 percent. What is your expected return on this stock

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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