Purchase Solution

Pazini Co.

Not what you're looking for?

Ask Custom Question

See the attached file.

In the first column is the equity section of Pazini Co. Consider each of the following to be independent.
a. In the second column show how the equity section would change if the company paid a 10% stock dividend when the market value of the stock was $20 per share.
b. Ignore "a" above. In the third column show how the equity section would appear if the company issued a 4 for 1 stock split.
After
Before Stk. Div. Split
Common stock, $1 par, 300,000 shares outstanding300,000
Paid-in capital in excess of par 800,000
Retained earnings 900,000
Total equity 2,000,000.

Attachments
Purchase this Solution

Solution Summary

This solution is comprised of a detailed explanation to show how the equity section would change if the company paid a 10% stock dividend when the market value of the stock was $20 per share and show how the equity section would appear if the company issued a 4 for 1 stock split.

Solution Preview

In the first column is the equity section of Pazini Co. Consider each of the following to be independent.
a. In the second column show how the equity section would change if the company paid a 10% stock dividend when the market value of the stock was $20 per share.

After
Before Stk. Div.
Common stock, $1 par, 300,000 shares outstanding 300,000 330,000
Paid-in capital in excess of par ...

Purchase this Solution


Free BrainMass Quizzes
Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.