Common Stock

Related BrainMass Solutions

• Conversion (or stock) value of convertible bonds?

  The common stock is currently selling for $50 per share. b. A $1,000-par-value bond that is convertible into 12.5 shares of common stock. The common stock is currently selling for $42 per share. c.

• Shikai Corporation's charter authorized issuance of 100,000 shares of $10 par value common stock and 50,000 shares of $50 preferred stock

  allocated to preferred stock = 6500/11750*11300 = $6251 Journal entries Cash $11,300 Preferred Stock $ 5,000 Common Stock $ 3,750 Paid-in Capital $ 2,550 (Excess over par value for common stock and preferred stock =5049-3750

• Would common stock be higher or lower than preferred stock?

  Given this fact, would you expect common stock to be higher or lower price than preferred stock all else being equal? Common stock has a greater potential for gains and losses, and common stock is typically priced lower than preferred stock.

• Equity Capital

  of common stock. 3.

• Journal Entry Examples

  Edmonds Corporation common stock $28 $16,800 25 $15,000 200 shares of Schilling Corporation common stock $78 $15,600 800 shares of Schilling Corporation common stock $75 $60,000 a.)

• Stockholders Record - Journal Entries

  June 6, 2006 Stock Dividend Distributable 460,000 Common Stock 460,000 On the distribution date, we will need to debit the stock dividend distributable and credit common stock account. 7/10/06 Purchased 50,000 shares of common stock for

• Prepare Journal Entries: Issuance, Common & Purchase Stock

  Preferred Stock $166,400 Paid-in Capital in Excess of Par Value-Preferred Stock 20,710 Common Stock 2,129,000 Paid-in Capital in Excess of Stated Value-Common Stock 1,724,500 Treasury Stock-Common (5,550 shares) 61,050 Retained Earnings 82,400

• Jajoo Corp. - Journal Entries

  per share of Jajoo's common stock.

• Basic and Diluted EPS

  1, 2003 1,000,000 shares Common stock issued June 1, 2003 for cash 250,000 shares Common stock split on July 15, 2003 at rate of 2 shares for 1 10% convertible preferred stock, convertible into 80,000 shares of common stock $1,600,000

• Catt Corporation: Stockholders' Equity Entries, dividends,

  10% stock dividend on the common stock, payable on June 15, to stockholders of record on May 31.