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sdas [7]
3 years ago
14

Hoosier Corporation declared a 2-for-1 stock split to all shareholders of record on March 25 of this year. Hoosier reported curr

ent E&P of $600,000 and accumulated E&P of $3,000,000. The total fair market value of the stock distributed was $1,500,000. Barbara Bloomington owned 1,000 shares of Hoosier stock with a tax basis of $100 per share. How does stock devidend effect Hoosier's accumulated E&P at the beginning of 2010?
Business
1 answer:
BaLLatris [955]3 years ago
6 0

Answer:

Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders.

Explanation:

Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders. This conclusion is based on the definition of taxable dividends.

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Non price competition price leadership and cartels are models in the ____ market structure(s)
Degger [83]
<span>These are monopoly market structures. This is where the person or company selling items does not face competition and is the only person or company selling the items with no competitor that has a close substitute. This is an imperfect kind of competition.</span>
5 0
3 years ago
The global stock market is often volatile. if your entire investment portfolio loss 10% of it's value in a month during a market
yaroslaw [1]

Answer:

B sell some

Explanation:

in a scenario where it is dropping, it doesn't mean it won't come back up. So you would sell some but keep a few so if it went up you still make profit

6 0
2 years ago
Assume that shareholder's required rate of return (r) is 9%. Dr. Pepper is expected to pay a dividend of $2.00 per share (D1) ne
Juli2301 [7.4K]

Answer:

P=$40

Explanation:

We will apply constant dividend growth model that is =P = D1 / ( k-g )

P is the price of share  ?

D1 is the current divided  $2

k is the rate of return       9%

G is the constant growth  4%

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3 0
3 years ago
On November 1, 2018, Cullumber Farm entered into a contract to buy a $162000 harvester from John Deere. The contract required Cu
Vikki [24]

Answer:

The journal entry to record the contract on November 1, 2018 includes: credit to Accounts Receivable for $162000

Explanation:

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made. On November 1, 2018, Cullumber Farm had to pay $162,000 in advance to John Deere. John Deere recorded the cash receiving by the entry:

Debit Cash $162,000

Credit Accounts Receivable $162,000

The company did not record revenue because they did not sell the harvester. This was only the advance payment.

3 0
3 years ago
What has happened to China’s GPD since it began to reform its economy?
telo118 [61]

Answer:

it has grown substantially

Explanation:

in the past, China's government has total control over other economy. They failed to run it efficiently since the system provide no incentives for people to work harder and invents new things.

In the 1980s, china started to adopted some aspect of Capitalism and let the private sector grow their influence in the economy.

As a result, many people start to have incentives to contribute more to the economy. This system  basically allowed the citizens seek personal wealth for themselves, but they are indirectly improving the country's economy.

6 0
3 years ago
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