What will be the capital in excess of par account

Assignment Help Finance Basics

Reference no: EM13260227

CBA Inc has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The stock is currently selling for $34. CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. What will be the capital in excess of par account after the stock dividend?

Reference no: EM13260227

Questions Cloud

Discuss the components of microeconomics or macroeconomics : Discuss the components of microeconomics OR macroeconomics, explaining why they are important to financial planners.

Compute depreciation expense for the fourth year : Assume Kathleen's computed depreciation expense of $140,000 per year. After three years, Kathleen's determined that the machine would last eight more years (for a total of 11 years). Compute depreciation expense for the fourth year.

Compute the velocity of the mass : You are given a pendulum composed of a 0.038 kg mass on the end of a 0.6 m long massless string. compute the velocity of the mass as it passes through the vertical

Explain the resulting equilibrium solution has a ph : At 22 °C an excess amount of a generic metal hydroxide M(OH)2, is mixed with pure water. The resulting equilibrium solution has a pH of 10.21. What is the Ksp of the salt at 22 °C?

What will be the capital in excess of par account : CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. What will be the capital in excess of par account after the stock dividend?

How long does she measure for the time she is away : Your friend, who is exactly the same age as you, travels at a speed of 0.9990c to a star 25 light-years away. How long does she measure for the time she is away

Explain what anion wa present in the original solution : A student added calcium ion, ca2+ to an aqueous solution and observed formation of a precipitate. Addition of HNO3 had no effect on the precipitate. What anion wa present in the original solution? Explain your answer

What is the net force on the rocket : A small rocket to gather weather data is launched straight up. Several seconds into the flight, its velocity is 120 m/s, What is the net force on the rocket

Explain the coal is fed with excess water : The Coal is fed with 200% excess water ( excess is calculated with respect to CO formation) 100% of coal is consumed. the selectivity to CO (with respect to CO2) is 1:1 the functional conversion of the CO is 50% what is the final gas composition. ..

User Account

All Pages