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
lozanna [386]
3 years ago
12

The stockholders’ equity section of Blue Spruce Corp.’s balance sheet consists of common stock ($8 par) $1,104,000 and retained

earnings $460,000. A 10% stock dividend (13,800 shares) is declared when the market price per share is $18. (a) Show the before-and-after effects of the dividend on the components of stockholders’ equity.(b) Show the before-and-after effects of the dividend on the shares outstanding.
Business
1 answer:
Ne4ueva [31]3 years ago
4 0

Answer:

Only the retained earning changed from $460,000 before the dividend payment to $211,600 after the dividend payment. The total shareholders' equity remain at $1,564,000 before and after the dividend payment.

Explanation:

Note: The two questions (a) and (b) in the question are the same and they just one question which is answered as follows:

Before dividend  payment

Common Stock = $1,104,000

Shares outstanding = $1,104,000 ÷ 8 = 138,000  

Retained earning = $460,000

Total Stockholders' Equity = $1,104,000 + $460,000 = $1,564,000

After Dividend

Shares outstanding  = 138,000 + (138,000 × 10%) = 138,000 + 13,000 = 151,800

Common Stock = $1,104,000 + (13,800 × 8) = $1,104,000 + $110,400 = $1,214,400

In excess of par value = 0 + (13,800 × 10) = $138,000

Total Paid-In Capital = $1,214,400  + $138,000 =  $1,352,400

Retained Earnings = $460,000 - (13,800 × 18) = $460,000 - 248,400 = $211,600

Total Stockholders' Equity = $1,352,400 + $211,600 = $1,564,000

Concluding Note

From the above, only the retained earning changed from $460,000 before the dividend payment to $211,600 after the dividend payment. The total shareholders' equity remain at $1,564,000 before and after the dividend payment.

You might be interested in
Qué funcio tiene la feromonas<br>​
nalin [4]

Answer:

no se lo siento

Explanation:

lo siento

8 0
2 years ago
Which of the following best describes marketing mix? It is the blend of marketing strategies for product, price, distribution, a
aniked [119]

Answer:

It is the blend of marketing strategies for product, price, distribution, and promotion

Explanation:

Marketing mix describes strategies used by a company to promote its brand or product. A marketing mix is made up of Price, Product, Promotion and Place.

8 0
3 years ago
Assume there are 100 suppliers of widgets in the widget market. Half of these suppliers supply 35 widgets to the market each, a
Bess [88]

Answer:

Total widgets supplied in the market will be 4000

So option (d) will be correct answer

Explanation:

We have given total number of suppliers = 100

It is given that half of the suppliers supply 35 widgets

So 50 supplier supply 35 widgets each

So total number widgets supplied by 50 supplier = 50×35 = 1750

A quarter, that is 25 supplier supply 40 widgets

So widgets supplied by 25 supplier = 25×40 = 1000

And other quarter, that is 25 supplier supply 50 widgets each

So widgets supplied by 25 supplier = 25×50 = 1250

So total widgets supplied in the market will be = 1750+1000+1250 = 4000

So option (d) will be correct answer

5 0
3 years ago
Pola and quint want to form and do business as river tours corporation. a corporation can consist of?
Tpy6a [65]

'Pola and quint want to form and do business as river tours corporation. a corporation can consist of one or more natural persons.

A corporation is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.

The company is managed and directed by its directors and officers. Directors are appointed by shareholders and are responsible for the overall management and corporation governance of the company. The directors appoint officers who are responsible for the day-to-day management and operations of the company.

Learn more about corporation brainly.com/question/1918077

#SPJ4

4 0
1 year ago
The three main sources of international law include all of the following but
evablogger [386]
First and last I just took the test
6 0
3 years ago
Read 2 more answers
Other questions:
  • In business, failure usually means what? A. The market wasn't saturated enough. B. The company was unethical. C. The customers h
    14·2 answers
  • C93, Inc. sells three products. Income statement information for the three products for the most recent year is given below: Pro
    5·1 answer
  • A
    8·1 answer
  • Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
    8·1 answer
  • 1. Which country hosted the Last FIFA World Cup?​
    6·1 answer
  • I suggest adding a report button on the profile page, this way you can report the person instead of a single post, yes, specific
    13·1 answer
  • Bottle Breacher was a successful company that began with crowdfunding through the television show Shark Tank. This is an example
    13·1 answer
  • The difference between accounting profit and economic profit is.
    12·1 answer
  • Consider a competitive labor market. Using the model of how income is determined in a labor market, describe the effects on wage
    13·1 answer
  • PLEASE HELP!!!!!!!!!!
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!