Question: I dont understand these 3 examples and do not have anything to base it off. Please help? Also please show work and answers clearly. ABC
ABC issues 4,000 shares of common stock to investors on January 1 for cash, with the investors paying cash of $13 per share. The stated value of the stock is $1 per share. What is the amount applied to common stock? Your Answer: Answer Question 4 (4 points) 4) Listen ABC issues 20,000 shares of preferred stock to investors on January 1 for cash. The 8% $11 par value preferred shares are sold $40 per share. What is the amount applied to additional paid in capital preferred stock? Your Answer: Answer Question 5 (4 points) Listen On January 1st, ABC company issues a stock dividend of 12%. ABC has 128,000 shares outstanding with a par value of $2. ABC also has 210,000 shares authorized. The market price per share January 1st is $29. shuary 1st is $29 What is number of new shares issued for stock dividend
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