The company whishes to distribute $200,000 to its shareholders The company has 30,000 shares of common stock outstanding 1 Assuming the value of the company equals the value of its total assets, what are the par value and market value of one share of stock 2 Prepare a balance sheet of the company ...

The Answer is in the image, click to view ...

The company whishes to distribute $200,000 to its shareholders The company has 30,000 shares of common...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

See More Books

Posted Date: Apr 01, 2024 04:55 AM

See More Questions

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
AC Corporations: Dividends, Retained Earnings, and Income Reporting 56. ABC, Inc. has 1,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock...
Briefly explain the DHCP lease process. What packets are sent and when are they sent? (5 marks) Question 2 any three advantages of IPv6 over IPv4? How many classes are there in IPv4 and what is the...
Describe some of the fundamental differences between AFS and NFS (see Chapter 11).
Accounts from the adjusted trial balance at September 30, 2018, are listed in alphabetical order below for Ozaki Corp.: Instructions (a) Prepare an adjusted trial balance. (b) Prepare the closing...
What usually happens to the total biomass in an ecosystem during succession? Does the number of species present in an ecosystem usually change as succession continues?
Moteki Company accumulates the following adjustment data at December 31. Indicate (a) The type of adjustment (prepaid expense, accrued revenues and so on), (b) The status of accounts before...
2: Write the solution using interval notation. - 12 < 2z + 2 < 6
July 1 Judar deposited $135,000 in a bank account for the purpose of buying Blast Off! The business is a recreation area offering three large waterslides (called tubes)one children's slide, an inner...
What costs count toward the out-of-pocket maximum for Medicare Advantage (MA) Plans? The Out-of-Pocket Maximum includes any costs paid toward the plan, such as plan premiums and health care expenses....
Your friend has recently started up a new business to produce and sell swimming suits but is worried about the seasonality of cash flows the business will face. This is because the demand for...
A Client has visited your service to ask for assistance from your manager to read a letter from Centrelink. Your manager is currently on break. The client is displaying signs of stress and agitation...
1. What are the various advantages and disadvantages of delivering bad news in verbal or in person? 2. Identify and explain the elements of the AIDA approach in developing mass sales messages. 3....
You attended a class lecture topic "social policy" and asked to analyze what the lecturer does most effectively describe and Identify three things the lecturer could do better to help students keep...
Determine how the court should decide the issue(s) and give detailed reasons why. In a complaint for breach of contract filed with the Los Angeles superior court, plaintiff, james gimmie, a licensed...
An auto-parts manufacturer is considering establishing an engineering computing center. This center will be equipped with three engineering workstations each of which would cost $25,000 and have a...
Consider the dynamic system, a mass, spring and damper structure, shown in Figure 2.2. (a) Draw a free-body diagram for the dynamic system (b) Derive the Input-Output model of the dynamic system k...
Two connected cars with an applied input force $u(t)$ and negligible rolling friction can be represented by a translational mechanical system as shown below. (a) Draw the free-body diagrams of this...
Consider an RLC circuit consisting of a resistor $(R)$, an inductor $(L)$, and a capacitor $(C)$, connected in series, as depicted in Figure 2.4. Derive the Input-Output model of the network....

The company whishes to distribute $200,000 to its shareholders The company has 30,000 shares of common...

Question:

Expert Answer:

Intermediate Accounting

Students also viewed these finance questions