Homework Helper

Not Rated (0)

$17/per page/

About Homework Helper

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Art & Design,Chemistry,Economics,Essay writing Hide all
Teaching Since: Apr 2017
Last Sign in: 418 Weeks Ago, 6 Days Ago
Questions Answered: 3232
Tutorials Posted: 3232

Education

  • MBA,MCS,M.phil
    Devry University
    Jan-2008 - Jan-2011

  • MBA,MCS,M.Phil
    Devry University
    Feb-2000 - Jan-2004

Experience

  • Regional Manager
    Abercrombie & Fitch.
    Mar-2005 - Nov-2010

  • Regional Manager
    Abercrombie & Fitch.
    Jan-2005 - Jan-2008

Category > Business & Finance Posted 31 Jul 2017 My Price 8.00

The Sweet Times Candy Company has the following equity accounts on its balance sheet:

The Sweet Times Candy Company has the following equity accounts on its balance sheet:
Common stock ($1 par, 500,000 shares) …………………$ 500,000
Contributed capital in excess of par ………………………2,000,000
Retained earnings ………………………………………… 13,000,000
Total common stockholders’ equity ……………………… $15,500,000
The current market price of the firm’s shares is $50
a. If the firm declares a 10 percent stock dividend, what will be the impact on the firm’s equity accounts?
b. If the firm currently pays no cash dividend, what is the impact of a 10 percent stock dividend on the wealth position of the firm’s existing stockholders?
c. If the firm currently pays a cash dividend of $1 per share and this per-share dividend rate does not change after the 10 percent stock dividend, what impact would you expect the stock dividend to have on the wealth position of existing shareholders?

Answers

Homework Helper
Not Rated (0)
Status NEW Posted 31 Jul 2017 02:07 PM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l

Not Rated(0)