subject
Business, 31.10.2019 04:31 dlewis2560

At the time that kirby company issued a 2-for-1 stock split, the company had 5,000 shares of $6 par value common stock outstanding. stockholders' equity also included $15,000 of paid in capital in excess of par value–common and $22,000 of retained earnings. which of the following statements regarding the impact of the stock split is true? (a) the balance of the common stock account will be $30,000.(b) the amount of paid-in capital in excess of par–common will become $150,000.(c) the balance in the retained earnings account will become $11,000.(d) the number of outstanding shares of common stock will be 2,500.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
Stephen barrett,md previous writing experience ?
Answers: 1
question
Business, 22.06.2019 12:20
Bdj co. wants to issue new 22-year bonds for some much-needed expansion projects. the company currently has 9.2 percent coupon bonds on the market that sell for $1,132, make semiannual payments, have a $1,000 par value, and mature in 22 years. what coupon rate should the company set on its new bonds if it wants them to sell at par?
Answers: 3
question
Business, 22.06.2019 13:10
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
question
Business, 22.06.2019 15:10
Paying attention to the purpose of her speech, which questions can she eliminate? a. 1 and 2 b. 3 c. 2 and 4 d. 1-4
Answers: 2
You know the right answer?
At the time that kirby company issued a 2-for-1 stock split, the company had 5,000 shares of $6 par...
Questions
question
Mathematics, 27.10.2020 01:00
question
Mathematics, 27.10.2020 01:00
question
Mathematics, 27.10.2020 01:00
question
Mathematics, 27.10.2020 01:00
question
Mathematics, 27.10.2020 01:00
Questions on the website: 13722363