A company with 86,000 authorized shares of $7 par common stock issued 31,000 shares at $13. Subsequently, the company declared a 2% stock dividend on a date when the market price was $23 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?

Question

06-12-2022
Business

Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Join our platform to connect with experts ready to provide precise answers to your questions in different areas. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

A company with 86,000 authorized shares of $7 par common stock issued 31,000 shares at $13. Subsequently, the company declared a 2% stock dividend on a date when the market price was $23 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?

Sagot :

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.

Justin works as a car salesman. Last week he had a total of 42,000 dollars in sales. if his Commission is 2 percent how much did Justin earn and last week?

Nathan correctly answered 17 of the 20 questions on the test. What percent of the question did Nathan answer correctly?

What characteristics separate algae from a) protozoans and b) plants?

to meet the increased demand, world food production must rise 50% by 2030. Write this percent as a fraction in simplest form.

Ms. Booth has 16 red buttons and 24 blue buttons. She is making finger puppets. Each puppet has the same number of blue buttons and red buttons. How many puppet

rocco wants to use the rest of the money in his savings account ($192) to buy a set of golf irons that has an original price of $350. does rocco have enough mon

1) A clerk have y dollars, all in $10 bills. What expression repression the number of $10 bills the clerk has?2)A concert ticket costs p dollars for an adult an

rocco wants to use the rest of the money in his savings account ($192) to buy a set of golf irons that has an original price of $350. does rocco have enough mon

in an A.P,the sum of first ten terms is -150 and the sum of next 10 terms is -550.Find the A.P

Describe how trade contributed to United States territorial growth.

Sagot :

Other Questions