Where does the pain in dividends go

Assignment Help Financial Accounting
Reference no: EM131105225

I need to answer the question using the attached balance sheet. Answers with Profit of year, or opening balance do me no good. I understand the land price of 400K goes on Asset side, Bank loan of 360K on Liability side. Where does the Pain in Dividends go? If you can answer using my set up or help me on where the numbers go, THat will be great.

The company made a secondary offering of stock and raised an additional $180,000 which includes $150,000 of Paid-in Capital.

The company had already paid $15,000 in dividends before deciding on the offering.

The company now has cash to invest in a piece of raw land on which to build in the future. The investment takes place before year end. The cost of the land is $400,000, the down payment is $40,000 and a note to the bank covers the rest.

Attachment:- Balance SHeet.doc

Reference no: EM131105225

Questions Cloud

A cognitive psychologists : A cognitive psychologists knows that concrete words, which easily evoke images (.e.g. "sunset", "truck") are easier to remember than abstract words, but she would like to know if those who frequently use visual imagery differ from those with little v..
Understanding of the sensitivity of new office : The organization has identified the number of home visits, revenue per home visit, and the level of fixed costs of the new office as being the major sources of uncertainty in the investment decision. To get a better understanding of the sensitivit..
Is the unequal distribution of wealth and the development : Is the unequal distribution of wealth and the development of social classes is avoidable in complex societies; or is the existence of poverty an inevitable by-product of modern life?
Bring the balance in each general ledger account up to date : When posting is completed, bring the balance in each general ledger account up to date. When posting is completed, bring the balance in each subsidiary ledger account up to date.
Where does the pain in dividends go : Where does the Pain in Dividends go? If you can answer using my set up or help me on where the numbers go, THat will be great.
Design a low-pass, maximally flat lumped-element filter : The characteristic impedance is 50 . Use CAD to plot the insertion loss versus frequency.
Where would you be most likely to find clovis points : Which modern type of home best approximates the homes in the city of Teotihuacán?
Design a high-pass lumped-element filter with a 3 db equal : The characteristic impedance is 75. Use CAD to plot the insertion loss versus frequency.
How much money can the firm borrow : How much money can the firm borrow? What is the interest cost of the loan in dollars over a year? What is the total amount of fees to be paid in a year?

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!

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