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View Full Version : Accounting- to solve for par value


Minniepooh
Nov 17, 2011, 06:39 AM
what is the par value per share of preferred stock?
what is the dividend per share of preferred stock?
What is a number of common stock shares outstanding?

INFO:
Stockholder equity
paind in capital,preferred stock 10 par value,6%cumlative
50,000 shares authorized,30,00 shares issued and outstanding
common stock 10 stated value,150,000 shares authorized,50,000 shares issued and ? Outstanding 500000
paid - in capital in excess of par - preferred 30,000
paid-in capital in excess of stated value-common 200,000

lkskinner
Jun 12, 2012, 05:32 PM
a bond has a $1000 par value and a contract or coupon interest rate of 10.7%. The bonds have a current market value of $1, 123 and will mature in 10 years. The firms marginal tax rate is 34%.

jr bonton
Dec 5, 2013, 03:48 PM
100,000 shares of $ 1 par common stock outstanding. On March 15, a 10% stock dividends was declared to shareholder of record on April 2, distributable on April 14. Market value of the common stock was estimated at $ 6 per share.Prepare journal entries for the declaration and distribution of the 10% common stock dividend. Assure Cruz company declared a stock dividend of 30% rather than 10%. Prepare journal entries for the dedaration and distribution of the 30% common stock dividend