Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

How to calculate missing amounts on balance sheet

01/05/2021 Client: muhammad11 Deadline: 2 Day

omprehensive problem-calculate missing amounts, issue price, net income, and dividends; interpret stock dividend and split. Bacon, Inc., has the following stockholders' equity section in its May 31, 2013, comparative balance sheets:

Comprehensive problem-calculate missing amounts, issue price, net income, and dividends;

Required:
a. Calculate the amount that should be shown on the balance sheet for common stock at May 31, 2013.
b. The only transaction affecting additional paid-in capital during the month of May was the sale of additional common stock. At what price per share were the additional shares sold?
c. What was the average cost per share of the common stock purchased for the treasury during the month?
d. During May, dividends on preferred stock equal to one-half of the 2013 dividend requirement were declared and paid. There were no common dividends declared or paid in May. Calculate net income for May.
e. Assume that on June 1 the board of directors declared a cash dividend of $0.30 per share on the outstanding shares of common stock. The dividend will be payable on July 15 to stockholders of record on June 15.
1. Calculate the total amount of the dividend.
2.
Explain the impact this action will have on the June 30 balance sheet and on the income statement for June.
f. Assume that on June 1 the market value of the common stock was $66 per share and that the board of directors declared a 5% stock dividend on the issued shares of common stock. Use the horizontal model (or write the entry) to show the issuance of the stock dividend.
g. Assume that instead of the stock dividend described in f, the board of directors authorized a 2-for-1 stock split on June 1 when the market price of the common stock was $66 per share.
1. What will be the par value, and how many shares of common stock will be authorized after the split?
2. What will be the market price per share of common stock after the split?
3. How many shares of common stock will be in the treasury after the split?
h. By how much will total stockholders' equity change as a result of?
1. The stock dividend described in part f?
2. The stock split described in partg?

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Homework Tutor
Top Academic Tutor
Top Academic Guru
Phd Writer
Accounting Homework Help
Solutions Store
Writer Writer Name Offer Chat
Homework Tutor

ONLINE

Homework Tutor

I have read your project details. I can do this within your deadline.

$80 Chat With Writer
Top Academic Tutor

ONLINE

Top Academic Tutor

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$89 Chat With Writer
Top Academic Guru

ONLINE

Top Academic Guru

You can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you!

$24 Chat With Writer
Phd Writer

ONLINE

Phd Writer

Give me a chance, i will do this with my best efforts

$100 Chat With Writer
Accounting Homework Help

ONLINE

Accounting Homework Help

Give me a chance, i will do this with my best efforts

$99 Chat With Writer
Solutions Store

ONLINE

Solutions Store

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$104 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Easy English homework - JUSTIFICATIONS AS DEFENSES - **Two Part** PRO FORMA Excel Sheet / 750-1,000 word paper, describe how you developed the pro forma - Identifying data and reliability health assessment example - James hardie tile underlay installation - Leichhardt high school uniform - 4184 hw3 assignment - Behaviour change wheel model - Problem 1 7a analyzing transactions and preparing financial statements - Human growth and development exam questions - Given the following data ca s 2c graphite - Med surg remediation - Plant cell vs animal cell venn diagram - Bipolar disorder nursing diagnosis - Healthcare quality book 3rd edition pdf - Psych - 51 waterperry drive canning vale - Paper – Construction Technology - Philosophical Advances - Universal declaration of human rights plain language version - How to write a log book - Lost at sea group activity answers - Principle of lateral continuity geology - Free education for everyone essay - Hendrickson intraax bushing tool - The instruments of darkness tell us truths analysis - Pts homework diaries - Buckley v tutty 1971 - Is ghacem a private company - The navajo origin legend - ENG106_Proposal as a guest editorial - How to find the missing length of two similar triangles - Uranium noble gas configuration - 15 on 24 hour clock - Week 1 Discussion Board - 7/2 strutt way noranda - Monthly retirement planning worksheet answers - Service management process ppt - The dressmaker and the crucible - Management Essay ( 250 words) - How does mcdonalds measure employee performance - 15.457 advanced analytics of finance - Annual essential safety measures report template - Bio eithic 324 - My favorite tv show essay example - The developing person through childhood 8th edition pdf - Unit 3/4 biology study design - Would each of the following transactions be included - Aca code of ethics citation - 100 point vehicle inspection checklist pdf - Recessed data wall box - Discussion - Urgent - Bob's fishing hole boat rentals - Strong tie ltd case study solution - Bcg matrix of coca cola slideshare - Rosemount 8750wa magnetic flowmeter manual - N anticipation of the upcoming quarterly disclosure of profits - Justin robinson and the mary onettes - What is 8 hrs from now - Gastro stop how many to take - Adjectives to describe booker t washington - Swot michael kors - Answer questions - 1905 shirtwaist kansas city mo bargain mansions - Starbucks just who is the starbucks customer case study - Balanced scorecard coca cola - In stoichiometry chemists are mainly concerned with - Kiss the devil spray challenge - Discussion: The Future of Aviation Simulation - Socially conscience organization - The ideal of “cuba libre” encompassed independence from spain and - Until they bring the streetcars back sparknotes - Discussion - Louis armstrong miles davis - Collector general phone number - Ethics in business - Tabulate and draw the investment opportunity set - The most exciting event in my life essay - Barry instructure - Gospel of barnabas muhammad - Executive Program Practical Connection Assignment - What was net operating working capital for 2015 and 2016 - Ethical decision making metric - TRAUMA - Matador boss 900 series manual - Amoeba sisters video recap alleles and genes key - Bs o ring sizes - Short essay on iron man - Dyson company pestel analysis - Wk 7 DQ 1 - Essay - Acap master of social work - What is objective data in nursing - Why was crawly cruncher discontinued - 8 stages of genocide - Luca lavigne ex girlfriend - Yellow perch external anatomy - Nursing care plan concept map - Case study assignment