subject
Business, 06.10.2019 08:00 163565

Victoria, inc., is one of the world’s leading manufacturers of athletic shoes and sports apparel. the following activities occurred during a recent year. the amounts are rounded to millions, except for par value. purchased additional buildings for $174 and equipment for $260; paid $406 in cash and signed a long-term note for the rest. issued 80 shares of $2 par value common stock for $335 cash. declared $140 in dividends to be paid in the following year. purchased additional short-term investments for $7,616 cash. several victoria, inc., investors sold their own stock to other investors on the stock exchange for $90. sold $4,313 in short-term investments for $4,313 in cash. required: prepare journal entries for the above transactions. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in millions.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:00
Which of the following statements is true about financial planning
Answers: 2
question
Business, 22.06.2019 13:40
Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?
Answers: 1
question
Business, 22.06.2019 17:10
Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
Answers: 1
question
Business, 22.06.2019 19:00
What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4
Answers: 1
You know the right answer?
Victoria, inc., is one of the world’s leading manufacturers of athletic shoes and sports apparel. th...
Questions
question
History, 29.01.2020 09:48
Questions on the website: 13722360