Hello, can I have a step by step solution of cash dividend, stock dividend, and stock split. AP11-11 (Algo) Recording and Comparing Cash Dividends, Stock Dividends, and Stock Splits LO11-4, 11-6,11-9Just prior to the end of the fiscal year, Climate Corporation reported the following information:Common stock ($0.20 par value)Additional paid-in capitalRetained earningsTreasury stockCash flows from financing activitiesRequired:Complete the table below for each of the three following independent cases:ItemsCase 1: The board of directors declared a cash dividend of $0.04 per share.Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $15 per share.Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $16 per share.Note: Round "Par value per share" to 2 decimal places.Common stock accountPar value per shareShares outstandingAdditional paid-in capitalRetained earningsTotal stockholders' equityCash flows from financing activitiesBefore AnyDividends$$$ 124,000822,000682,000$$$124,0000.20035,000822,000682,00035,000After CashDividendAfter StockDividendAfter StockSplit

Dividend is the amount which is paid by the company to its shareholders. It is paid by the company…

Items Common stock account Par value per share Shares outstanding Additional paid-in capital Retained earnings Total stockholders' equity Cash flows from financing activities Before Any Dividends $ $ $ $ $ 124,000 0.20 822,000 682,000 35,000 After Cash Dividend After Stock Dividend After Stock Split

Items Common stock account Par value per share Shares outstanding Additional paid-in capital Retained earnings Total stockholders' equity Cash flows from financing activities Before Any Dividends $ $ $ $ $ 124,000 0.20 822,000 682,000 35,000 After Cash Dividend After Stock Dividend After Stock Split

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 20BEA: The income statement, statement of retained earnings, and balance sheet for Somerville Company are...

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The following information relates to SE11-8 through SE11-10: Evans & Sons, Inc., disclosed the following information in a recent annual report: Net income Preferred stock dividends. Average common stockholders' equity. Dividend per common share.. Earnings per share. . . . . Market price per common share, year-end. 2018 $ 35,000 3,000 1,000,000 1.90 2.85 19.00 2019 $ 48,000 3,000 1,500,000 2.00 3.20 21.00 SE11-8. Return on Common Stockholders' Equity Calculate the return on common stockholders' equity for Evans & Sons for 2018 and 2019. Did the return improve from 2018 to 2019? SE11-9. Dividend Yield Calculate the dividend yield for Evans & Sons for 2018 and 2019. Did the dividend yield improve from 2018 to 2019? SE11-10. Dividend Payout Ratio Calculate the dividend payout for Evans & Sons for 2018 and 2019. Did the dividend payout increase from 2018 to 2019? SE11-11. Change in Stockholders' Equity Nikron Corporation issued 20,000 shares of $0.50 par value common stock during the year…
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P11-11 (Algo) Comparing Cash Dividends, Stock Dividends, and Stock Splits LO11-4, 11-6,11-9 Just prior to the end of the fiscal year, Biofuel Corporation reported the following information: Common stock (s0.10 par value) Additional paid-in capital Retained earnings Treasury stock Cash flows from financing activities Required: Complete the table below for each of the three following independent cases: Note: Round "Par per share" answers to 2 decimal places. Common stock account Par value per share Shares outstanding Additional paid-in capital Retained earnings Case 1: The board of directors declared a cash dividend of $0.02 per share. Case 2: The board of directors declared and issued a 100 percent stock dividend when the stock was selling at $10 per share. Case 3: The board of directors announced a 2-for-1 stock split. The market price prior to the split was $22 per share. Items After Stock After Stock Dividend Split 72,000 144,000 $ 0.05 0.10 $ Total stockholders' equity Cash flows…
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