Question: SUM [ B14:615) A B Before the declaration of share dividend a. Calculation of the total share capital 4 Common stock of 40,000 shares at

SUM [ B14:615) A B Before the declaration of share dividend a. Calculation of the total share capital 4 Common stock of 40,000 shares at P10 par 400000 5 Add: - Share premium 42500 6 Total share capital (B4+B5) 7 b. calculation of retained earnings before share dividend 9 Retained earnings 299500 10 Less:- Dividend 0 11 Total retained earnings (B9-B10) 12 13 c. Calculation of total stockholder's equity 14 Total share capital 442500 15 Total retained earnings 299500 16 Total stockholder's equity -SUM(B14:B15) 17

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Question 1 (12 marks) The "ABCEasyAs123" Corporation has numerous retail clothing stores in the Lower Mainland. Its tax rate is 40 percent. ABC is going to expand its business by building a new...

The balance sheet of Rainbow Company included the following shareholders equity accounts at December 31, 2017: Paid-in capital: Common stock, 400,000 shares at $1 par 400,000 Paid-in capital ---...

Please help Robert Boyle & Associates, Inc. On a Saturday afternoon in May 2016, develop real estate just as easily from here Robert Boyle and his wife Janet were sitting as in the city, you know....

C After the declaration of share dividend Total numbers of share after the declaration of stock dividend a. Calculation of the total share capital Numbers of shares before share dividend 40.0 Common...

*Kindly, answer Q2* Terri Spiro, an experienced budget analyst at Martin Manufacturing Company, has been charged with assessing the firms financial performance during 2006 and its financial position...

Dividend Reinvestment Plans Many corporations have automatic dividend reinvestment plans. Individual shareholders may elect not to receive their cash dividends. Instead, an equivalent amount of cash...

An experienced budget analyst at Technica,Inc,. , has been charged with assessing the firms financial performance during 2006 and its financial position at year-end 2006. To complete this assignment,...

Douglas McDonald Company's balance sheet included the following shareholders' equity accounts at December 31, 2017: ($ in millions) Paid-in capital: Common stock, 1,300 million shares at $1 par...

Stock dividend versus stock split Firm The board of Wicker Home Health Care, Inc. is exploring ways to expand the number of shares outstandng in an effort to reduce the market price per share to a...

Prepare journal entry with correct dates Auto Save Off Book2 - Excel File Home Insert Draw Page Layout Formulas Data Review View Help TE Search Calibri - 11 - A A 9 Wrap Text General Paste B U - B -...

Explain why small deletions and duplications are less likely to have a detrimental effect on an individual's phenotype than large ones. If a small deletion within a single chromosome happens to have...

Two masses, connected by string, are rotating horizontally about an axis with angular speed o. Given m, m, and the length of the rope d, find T, the tension in the rope connecting m, to the axis and...

I overheard Ron say that he is making almost \ ( \ $ 7 0 \ ) k . Can that be right? I ' m getting just under \ ( \ $ 4 9 \ mathrm { k } \ ) and I've been here longer. You know we are both Senior...

Pricing an option is easy because every input to the pricing model is perfectly observable, especially the volatility parameter. True False