subject
Business, 30.11.2019 02:31 jaidalynkimora

Italian stallion has the following transactions during the year related to stockholders' equity

february 1 issues 6,000 shares of no - par common stock for $ 16 per share.

may 15 issues 700 shares of $10 par value preferred sotck for $13 per share.

october 1 declares a cash dividend of $1.25 per share to all stockholders of record(both common and preferred) on october 15.

october 15 date of record.

october 31 pays the cash dividend declared on october 1.

required:

record each of these transactions.( omit account numbers and descriptions)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.
Answers: 3
question
Business, 22.06.2019 04:10
You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?
Answers: 1
question
Business, 22.06.2019 05:00
Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.
Answers: 3
question
Business, 22.06.2019 06:10
Amanda works as an industrial designer
Answers: 1
You know the right answer?
Italian stallion has the following transactions during the year related to stockholders' equity
Questions
question
Mathematics, 26.04.2021 21:50
question
Mathematics, 26.04.2021 21:50
question
Social Studies, 26.04.2021 21:50
Questions on the website: 13722367