1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lutik1710 [3]
2 years ago
6

The Howe Co. stockholders equity account follows: Common stock (400,00 shares at $4par) $1,600,000 Paid in capital in excess in

par 1,000,000 Retained earnings 1,900,000 Total stockholders equity $4,500,000 The earnings available for common stockholdes from this periods operations are $100,000,which have been included as part of the $1,9 million retained earnings. A. what is the maximun dividend per share that the firm can pay?(assume that legal capital includes all paid-in-capital) B. If the firm has $160,000 in cash, what is the largst per-share dividend it can pay without borrowing? C. Indicate the accounts and changes,if any,that will result if the firm pays the dividends indicated in parts A and B? D. Indicate the effects of an $80,000 cash dividend on stockholders equity.
Business
1 answer:
Anika [276]2 years ago
5 0

Answer:

Explanation:

The computations are shown below:

A. Dividend per share:

= (Total retained earning) ÷ (number of shares)

= ($1,900,000) ÷ (400,000 shares)

= $4.75 per share

B. Largest per share:

= (Cash) ÷ (number of shares)

= ($160,000) ÷ (400,000 shares)

= $0.40 per share

C. In part A, the cash and retained earnings is decreased by $1,900,000

whereas in part B, the cash and retained earnings is decreased by $160,000

D. The retained earning which is a part of stockholder equity is decreased by $80,000

You might be interested in
____________ transforms resource inputs from the environment into product outputs.
Shtirlitz [24]

Answer:

Open system

Explanation:

7 0
3 years ago
PLEASE HELP
Scilla [17]

D. Nowzer is an internal customer as a sales distributor.

7 0
3 years ago
Read 2 more answers
When a manager deciding how to most fairly identify internal candidates for a promotion she is making a __________.
s2008m [1.1K]

Answer:

A) <em>a moral judgement.</em>

Explanation:

(´・ω・`) hope this helps!

7 0
2 years ago
The objective of _____ is to gather data about project usability, costs, benefits, and schedules.
Ivahew [28]

The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.

<h3>What is a fact finding process?</h3>

Fact-finding is known to be a kind of a non-binding process  or an act that entails a qualified impartial third party that tends to make some written findings of fact as well as recommendations for the solving or handling of any issue.

Note that  All costs incurred of fact-finding are borne by the employer and the union and as such, The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.

Learn more about Fact-finding from

brainly.com/question/14852724
#SPJ1

7 0
1 year ago
Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. Durin
amm1812

Answer:

The journal entries are made as  follows;

Explanation:

1.Cash  100,000*50                 Dr.$5,000,000

Common Stocks    100,000*5 Cr.$500,000

Paid in capital-common stocks  Cr.$4,500,000

2.Treasury Stocks          20,000*45  Dr.$100,000

   Cash 20,000*45                          Cr.$100,000

3. Cash 7,500*46                      Dr.$345,000

    Treasury Stocks 7,500*45        Cr.$337,500

    Paid in Capital-Treasury stocks  7,500*(46-45)   Cr.$7,500

4.Cash 7,500*44                                      Dr.$330,000

Paid in capital-Treasury Stock 7,500*1       Dr.$7,500  

Treasury stocks 7,500*45                       Cr.$337,500

   

 

   .        

6 0
2 years ago
Other questions:
  • What are implicit​ costs? an implicit cost is
    6·1 answer
  • Bill Rose owns Rose Sporting Goods. At the beginning of the year, Rose Sporting Goods had $2,600 in inventory. During the year,
    14·1 answer
  • Monica was hired by the Misty Mount Corporation to take over as the new chief executive officer. Her initial impression is that
    12·2 answers
  • ________ influences like motivation and learning and ________ influences like reference groups and culture impact a consumer's d
    11·2 answers
  • Typical measures of quality include: a. All of the answers are correct b. percentage of defects c. number of on-time deliveries
    14·1 answer
  • To avoid double-counting when calculating GDP, it is best to: Group of answer choices count used goods. count the value added at
    6·1 answer
  • The following account balances were drawn from the financial records of Kent Company (KC) as of January 1, 2018: Assets, $35,000
    13·1 answer
  • How does NAFTA's elimination of 20% of Mexican tariffs on U.S. cars affect the United States?
    12·1 answer
  • Information technology unit test
    12·1 answer
  • Who is called living lion of nepal and why and when he got this title​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!