subject
Business, 28.07.2021 01:00 misslux

Stock Dividend Augusta Corporation reported the following information: 35,000 shares of $3 par value common stock authorized, 30,000 shares common stock issued, 10,000 shares treasury stock. Required: 1. What is the appropriate journal entry to record a 5% stock dividend if the market price of the common stock is $40 per share when the dividend is declared? fill in the blank 034918fdafc507d_2 fill in the blank 034918fdafc507d_3 fill in the blank 034918fdafc507d_5 fill in the blank 034918fdafc507d_6 fill in the blank 034918fdafc507d_8 fill in the blank 034918fdafc507d_9 2. What is the appropriate journal entry to record a 30% stock dividend if the market price of the common stock is $40 per share when the dividend is declared? fill in the blank 11fef4f2cfd5f9b_2 fill in the blank 11fef4f2cfd5f9b_3 fill in the blank 11fef4f2cfd5f9b_5 fill in the blank 11fef4f2cfd5f9b_6 3. Conceptual Connection: How do these transactions affect Augusta's total stockholders' equity? Total stockholders’ equity is by these transactions.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:30
Acompany determined that the budgeted cost of producing a product is $30 per unit. on june 1, there were 80,000 units on hand, the sales department budgeted sales of 300,000 units in june, and the company desires to have 120,000 units on hand on june 30. the budgeted cost of goods sold for june would be
Answers: 1
question
Business, 22.06.2019 10:30
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
question
Business, 22.06.2019 11:50
Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.
Answers: 1
question
Business, 22.06.2019 21:40
Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.
Answers: 3
You know the right answer?
Stock Dividend Augusta Corporation reported the following information: 35,000 shares of $3 par value...
Questions
question
Mathematics, 20.08.2019 01:00
question
Mathematics, 20.08.2019 01:00
question
Mathematics, 20.08.2019 01:00
question
Biology, 20.08.2019 01:00
Questions on the website: 13722363