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
blagie [28]
3 years ago
6

A company with 110,000 authorized shares of $8 par common stock issued 49,000 shares at $13. Subsequently, the company declared

a 2% stock dividend on a date when the market price was $30 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?
Business
1 answer:
Jet001 [13]3 years ago
8 0

Answer:

$29,400

Explanation:

The company will distribute dividends only to outstanding shares, since the number of outstanding shares is not specified, we should assume that all the 49,000 shares issued are outstanding shares. The company declared a 2% dividend, so we must multiply the current value of the stock times 2% = $30 x 2% = $0.60 per share.

The total amount distributed was 49,000 outstanding shares x $0.60 per share = $29,400

You might be interested in
What type of résumé presents the job seeker's characteristics and experience in terms that accommodate the computer search proce
Reil [10]
The correct answer is keyword resume.
Here, you would use keywords to refer to your characteristics and experience, so that the computer can search the document according to the specific requirements the employer needs - so if no such requirements are met by your resume, you may not get the job.
3 0
3 years ago
Firm AB and Firm YZ are identical except for their debt-to-total-assets ratios (D/TAs) and interest rates on debt. Each has $200
Vilka [71]

Answer:

the correct answer is

NOT AB EPS = $3.08

AB ROE = 17%

YZ EPS = $2.36

YZ ROE = 18%

3 0
2 years ago
Suppose the economy starts off producing Natural Real GDP. Next, aggregate supply rises, ceteris paribus. As a result, the price
lord [1]

Answer:

The price level will be equal to what it was before there was a rise in the aggregate supply.

Explanation:

In economics, natural gross domestic product (Natural Real GDP) can be described as the maximum level of real GDP that can be  sustained by an economy over the long term. The Natural Real GDP is also known as the potential output.

From the question, since the economy has moved back to producing Natural Real GDP which is the maximum real GDP sustainable, the price level will be equal to what it was before there was a rise in the aggregate supply.

Therefore, the price level will be equal to what it was before there was a rise in the aggregate supply.

8 0
3 years ago
What is the key value proposition of Google Search campaigns? a. Appear as a text ad, a video ad, or a banner ad on one of Googl
Sophie [7]

Answer:

The correct answer is Option D.

Explanation:

The key value proposition of Google Search campaign is to show your advertisements when a client is looking for your item or administration.  

You should realize that <u>what value proposition is</u>-

The value proposition is an offer that explains to possibilities why they ought to work with you as opposed to your rivals, and makes the advantages of your items or administrations completely clear from the start.

All the other options are not relevant in this scenario.

5 0
3 years ago
When is allocative efficiency of a product achieved?
larisa86 [58]
Allocative efficiency of a product is achieved when parties are able to use the accurate and readily available data reflected in the market to make decisions about how to utilize their resources
3 0
2 years ago
Other questions:
  • Kasen just completed his second year of college in education. He is not sure if this is the best career choice for him. He wants
    5·2 answers
  • Which government agency is in charge of regulating the sale of stocks and bonds? A. The Interstate Commerce Committee
    9·1 answer
  • Match the Activity Level with the proper definition. a. Activities performed for each unit of production b. Activities performed
    8·1 answer
  • If the supply of loanable funds shifts to the right, then the equilibrium interest ratea. and quantity of loanable funds risesb.
    5·1 answer
  • Handy Home sells windows and doors in the ratio of 8:2 (windows:doors).
    8·1 answer
  • All else being equal, a marketing channel that has a high cost per exposure will have a ________ return on investment.
    9·1 answer
  • Necesito un susario de la uanl de aspirante con admisión rechazada
    6·1 answer
  • The alfredo pasta sells 296 units per week at $13 per plate. The eggplant parmesan sells 323 units at $10 per plate. Which has t
    9·1 answer
  • Managers will invest in human resource management only if human resource practices such as developing staff and communication wi
    8·1 answer
  • The regulatory agency that oversees export controls related to commercial and dual-use items is?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!