True because we do put other things above each other and
Answer and Explanation:
The Journal entry is shown below:-
March 17
Stock Dividend Dr, $84,750 (113,000 × 5% × $15)
To Common Stock Dividend Distributable $56,500 (113000 × 5% × $10)
To Paid in capital in excess of Par - Common Stock $28,250
(Being stock dividend is recorded)
Here we debited the stock dividend and we credited the Common Stock Dividend Distributable and Paid in capital in excess of Par - Common Stock
Answer:
<u>When making an outline, it is a good practice to:</u>
- Put the main idea in the title
- Have one main topic that does not relate to the title
- Strive for 3-5 major components
- Move single sub point to larger groups
- Allow sub points to overlap.
- Combine sub points whenever possible
These questions are for your opinion.
After the dividend, the firm's:
a. book value per share will be $6.31.
b. price-earnings ratio will be 13.88.
c. shareholder value per share will be $18.60.
d. stock price will be $19.00.
e. earnings per share will be $.94.
The answer is : b
We calculate the ex-dividend price of a share on the day dividend is paid as follows:
Ex-dividend Price = Share price before dividend - dividend paid per share
Ex-dividend price = $18.6 ($19 - $0.40)
We can use this ex-dividend price to calculate the company's P/E ratio after dividend.
P/E = $18.6/$1.34 = 13.88059
