The effect of a stock dividend is to change the composition of stockholders' equity. decrease total assets and stockholders' equity. increase the book value per share of common stock. O decrease total assets and total liabilities.
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- Hi there, could you please check if my answers were correct? Testbank Exercise 136 Indicate the effect of each of the following transactions on total stockholders' equity by placing an "X" in the appropriate column. Increase Decrease No Effect 1. Treasury stock is resold at more than cost. X 2. Operating loss for the period. X 3. Retirement of bonds payable at more than book value. X 4. Declaration of a stock dividend. x 5. Acquisition of machinery for common stock. X 6. Conversion of bonds payable into common stock. X 7. Not declaring a dividend on cumulative preferred stock. x 8. Declaration of cash dividend. X 9. Payment of cash dividend. X4G 1 2:10 ... © N YO 46 49 Chegg Expert Hiring Ads Subject Test Note: You are attempting question 9 o Which of the following would cause a decrease in stockholders' equity? (A) Purchase of equipment (B) Payment of cash dividend (C) Declaring cash dividend (D) Issuing stock certificate for stock dividends Answer OA B D Submit 2 IIAttempt in Progress Your answer is incorrect. If a company has trading securities, it will report unrealized changes in their value O only when sold. O directly in shareholders' equity. O as part of income. O on the income statement only if there is a loss. eTextbook and Media Save for Later Attempts: 1 of 2 used Submit Ans %24 % 4. 5 7 8 9 t y u f h k
- TB MC Qu. 10-86 (Static) When treasury stock is acquired, what... When treasury stock is acquired, what is the effect on total stockholders' equity? Multiple Choice Decrease Increase No effect Cannot determine from the given informationQuestion 1 of 20 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. Each of the following decreases total stockholders' equity except a O stock dividend. O cash dividend. O all of these decrease total stockholders' equity. O liquidating dividend. eTextbook and Media Assistance Usea Save for Later Attempts: 1 of 2 used Submit Answer SAMSUNG C6036 SC @ %23 24 % & 2 3 4 5 9 e r y а S k C by in altView Policies Current Attempt in Progress Retained earnings is increased by each of the following except O prior period adjustments. O some disposals of treasury stock. Chall of these increase retained earnings. O net income. eTextbook and Media Save for Later Attempts: 0 of 2 %23 24 2 3 4. 8 W e y h a
- If common stock is issued for an amount greater than par value, the excess goes to what account? a. Legal Capital b. Retained Earnings C. Cash d. Paid-in-Capital in Exess of Par Value A Moving to the next question prevents changes to this answer. & % #3 8.View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. If Concord Company issues 5100 shares of $5 par value common stock for $182000, O Common Stock will be credited for $182000. O Paid-In Capital in Excess of Par will be credited for $156500. O Paid-In Capital in Excess of Par will be credited for $25500. O Cash will be debited for $156500. eTextbook and Media Save for Late Attempts: 1 of 2 used Submit Answer DI %24 & * 4 6 7 8 9 g h k C b n mNOWV2 |Online teachir X A Login Irn/takeAssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator=&inprogre.. pok Show Me How 41,000 asury Stock Balance Sheet Stockholders' Equity raid-in capital: Common Stock, $30 Par (80,000 Shares Authorized, 48,000 Shares Issued) 1,440,000 480,000 Excess of Issue Price Over Par 1,920,000 Paid-in capital, common stock 72,000 From Sale of Treasury Stock 1,992,000 Total paid-fn capital Retained Earnings 677,000 Total 41,000 Treasury Stock Total stockholders' equity Feedback Check My Work Recall that paid-in capital reflects the total amount that has been paid into the business by the stockholders for ownership in the corporation. Previous Check My Work 52°F Sunny
- 0: خاص A moodle1.du.edu.om Question 9 Not yet answered Marked out of 1 P Flag question The process of evaluating securities by historical data like trade volume and share price data is called Select one: O a. None of the options O b. Technical Analysis O c. Fundamental Analysis O d. Quantitative Analysis Previous page Finish attempt ... ( Assignment 1 Jump to... LECTURE ► Quiz navigattonENOWV2 | Online teachin x + eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false heBook Calculator Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 3% stock, $20 par, and 38,000 shares of $100 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $6,900; second year, $11,400; third year, $68,380; fourth year, $128,960. Calculate the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, leave it blank. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) 24 Common stock (dividend per share) Check My Work ( Previous Next 4:14 PM 10/16/2020 2000 ALTEL 12 delete fo 4- f10 4+ prt sc insert トト e backspace 4. 6 7 8 9 Y UOKS What is the result of stock dividends? O a. Retained earnings decrease while total paid-in capital increases. O b Retained earnings inccrease while total paid-in capital decrease. O c. Both retained earnings and total paid-in capital decrease. d. Both retained earnings and total paid-in capital increase. POCOPHONE SHOT ON POCOPHONE F1