User Account

All Pages

Which statements regarding the impact of stock split is true

Assignment Help Accounting Basics
Reference no: EM133057637

Question - At the time that Kirby Company issued a 3-for-1 stock split, the company had 1,000 shares of $12 par value common stock outstanding. Stockholders' equity also included $21,000 of paid in capital in excess of par value-common and $30,000 of retained earnings. Which of the statements regarding the impact of the stock split is true?

Reference no: EM133057637

Questions Cloud

Calculate the price of the bond : There is a bonus with the following characteristics: nominal value $98.650.000 annual coupon rate 4.5% term 5 years, tir 6.5%
What is the manufacturing overhead cost allocation rate : Actual and budgeted direct labour hours were 25,000 and 30,000 for the period. What is the manufacturing overhead cost allocation rate
What is the option time value : A stock's current price is 145.05. A put option with an exercise price of 120 and maturity of 3 months is currently priced at $ 28.83.
Find full valuation and duration approaches : Using Macaulay's general and closed form formulas, calculate the duration of a 6 percent, $1,000 par bond maturing in three years if the yield to maturity is 10
Which statements regarding the impact of stock split is true : Stockholders' equity also included $21,000 of paid in capital in excess of par value-common. Which statements regarding the impact of stock split is true
New balance discount rate for new projects : The interest costs on debt were expected to be approximately $ 1.2 million per year. The New Balance discount rate for new projects such as this is 11%.
What is a variable cost : What is a variable cost? What is a fixed cost? What is a mixed cost? Pick a type of manufacturing company (Sporting Goods, Clothing, Automobiles, etc)
Find earnings per share be after the merger : Firm A is planning on merging with Firm B. Firm A will pay Firm B's stockholders the current value of their stock in shares of Firm A. Firm A currently has 2,30
What is your monthly payment now : You originally bought a home with a $750,000 mortgage and you chose the variable closed rate of 2.5 percent that your bank offered.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What level of cover of each type of insurance should have

What level of cover of each type of insurance should she have (including the waiting and benefit periods for income protection, if recommended)

  What can be done about confirming December

Assuming you accept the engagement, what can be done about confirming December 31, 2007, accounts receivable balances with debtors

  Describe what happens to recycled cans and bottles

Describe what happens to recycled cans, bottles, and newspapers after they go to the recycling bin

  Prepare exercise is set up as an excel spreadsheet

The exercise is set up as an excel spreadsheet. It is answered on CourseHero differently, which is not correct. Can you please clarify?

  Sale of business assets or capital assets

Mr. Green seeks your advice as to the tax consequences attached to each offer. Assume that he will no other sale of business assets or capital assets during the year. What is your advice?

  Calculate the amount to be recorded as a purchase return

On May 5 Industries purchased merchandise on account, $90000, terms 2/10, n/30. Calculate the amount to be recorded as a purchase return

  Why do you think gaap requires restatement of prior

why do you think gaap requires restatement of prior financial statements if there is a change in reporting entity?

  Peachtree complete accounting allows for roles to be

peachtree complete accounting allows for roles to be assigned as sales reps or vendor reps. give your opinion on what

  Your company has been approached to bid on a contract to

your company has been approached to bid on a contract to sell 16000 voice recognition vr computer keyboards a year for

  Describe the concepts of intellectual capital

Describe in detail the concepts of intellectual Capital and its three dimensions. How do you assess the value of intellectual capital for publicly traded.

  Prepare an income statement for bill''s summer business

PREPARE AN INCOME STATEMENT FOR BILL'S SUMMER BUSINESS.

  What is the net cost of the merchandise

Assuming no returns were made and that payment was made within the discount period, what is the net cost of the merchandise

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