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    • CommentAuthortaylamd57
    • CommentTimeAug 30th 2009
     
    The stockholder's equity of Southland Corp. consists of $100,000 shares of $25 par stock, additional pain-in capital of $1,500,000, and retained earnings of $6,449,000. Rafael owns $1,000 of the outstanding shares.

    a. what is the total of number of shares outstands before any dividends, after $1.50 cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30

    b. what is the total parvalue of shares outstanding before any dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30

    c. what is the total additional paid-in capital beforeany dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30


    d. what is the total retained earnings before ny dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30


    e. what is the total stockholder's equity before any dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30


    f. what is the amount required to pay a $1.50 per share cash dividend next year before any dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30


    g. what is the percentage of total stock owned by Rafael before any dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30


    h. what is the total number of shares owned by Rafael before any dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30


    i. what is the total par value of Rafael's shares before any dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30

    j. what is the total equity of Rafael's shares any dividends, after cash dividend has been declared, after a 5% stock dividend has been declared and distributed. The market value of Southlan Corp. stock is $30
    Thankful People: donnamiller



 

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