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kirza4 [7]
3 years ago
11

The common stock of Alexander Hamilton Inc. is currently selling at $120 per share. The directors wish to reduce the share price

and increase share volume prior to a new issue. The per share par value is $10; book value is $70 per share. 9 million shares are issued and outstanding. Instructions Prepare the necessary journal entries assuming the following. The board votes a 2-for-l stock split. The board votes a 100% stock dividend. Briefly discuss the accounting and securities market differences between these two methods of increasing the number of shares outstanding.

Business
1 answer:
Pachacha [2.7K]3 years ago
5 0

Answer:

No Entry is required for a stock split

Retained Earnings 90,000,000

Common Stock Dividend Distributable 90,000,000

(to record the declaration)

Common Stock Dividend Distributable 90,000,000

Common Stock 90,000,000

(to record the distribution)

Explanation:

see the attached file

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what is nbetter fender gibson or danelectro guitars. (in your opinion). I ALREADY HAVE MINE DANELECTRO ALL THE WAY.
Nadusha1986 [10]

Answer:

Danelectro Guitars

Explanation:

They are just cool.

5 0
3 years ago
The largest owner/operator of radio stations in the United States is ____________________. In 2006, this company became a privat
valentina_108 [34]

The largest owner/operator of radio stations in the United States is iHeartMedia. In 2006, this company became a privately owned company.

<h3><u>What are radio stations?</u></h3>
  • Radio broadcasting is the process of sending audio over radio waves to radio listeners in a public setting, sometimes along with accompanying metadata.
  • Unlike satellite radio, which uses a satellite in Earth's orbit, terrestrial radio broadcasting uses a land-based radio station to transmit radio waves. The listener needs a broadcast radio receiver to hear the material.
  • A radio network with which stations frequently have affiliations provide content in a standard radio format, whether through broadcast syndication, simulcasting, or both.
  • Various types of modulation are used by radio stations during transmission: Older analog audio standards like AM and FM are used by radio stations to transmit audio, whereas modern digital radio stations use DAB and other digital audio standards.

Through its division iHeartMedia and subsidiary iHeartMedia and Entertainment, Inc., iHeartMedia, Inc. focuses on radio broadcasting, podcasting, digital, and live events. With more than 850 full-power AM and FM radio stations nationwide, it is the largest radio station owner in the nation.

Know more about radio stations with the help of the given link;

brainly.com/question/9531764

#SPJ4

8 0
1 year ago
What is the answer to this question? B or C?​
ioda

Answer:B

Explanation: everything had a code of ethics.

3 0
3 years ago
Bruno's Lunch Counter is expanding and expects operating cash flows of $26,900 a year for 6 years as a result. This expansion re
8090 [49]

Answer:

Net present value of this expansion project is 8234.

Explanation:

To get the net present value,  we make a cash-flow in excel. See document attached.

At moment 0 the investment is =$(92.700), also we consider the working capital =(6.600)

Moment 1 to 6 = $26.900

We calculate the Net cash flow (that is the difference between benefits and cost).

To get net present value, we use VNA formula.  ( =VNA(required rate of return; Net cash flow from moment 0 to moment 6) +Net cash flow at moment 0)

Net present value is 8234

4 0
3 years ago
_____________A measurement of how much you like a product or service, ignoring the effects of price and its inconvenience. It co
Fantom [35]

Answer:

consumption utility

Explanation:

Consumption utility is a measurement of how much you like a product or service, ignoring the effects of price and its inconvenience. Consumption means using up of utilities. For example – when we take a glass of water to quench our thirst, we are said to consume water.  Whenever we make use of any commodity or service for the satisfaction of our wants, the act is called consumption.  Therefore, by consumption we mean the satisfaction of our wants by the use of commodities and services. Economic analysis of household behavior is based on the assumption that people seek the highest level of utility or satisfaction. Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility.  The utility-maximizing choice on a consumption budget constraint can be found in several ways .

8 0
3 years ago
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