Al Hamra Company issues 500,000 shares of common stock on January 1, 2020 trading at RO 0.200 per share. On June 30, 2020, a 10% stock dividend is declared. How many additional shares will be issued by the company to the shareholders as a result of the stock dividends declared? a. 500,000 b. 50,000 c. 100,000 d. 150,000
Al Hamra Company issues 500,000 shares of common stock on January 1, 2020 trading at RO 0.200 per share. On June 30, 2020, a 10% stock dividend is declared. How many additional shares will be issued by the company to the shareholders as a result of the stock dividends declared? a. 500,000 b. 50,000 c. 100,000 d. 150,000
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 1MC: Cash dividends on the 10 par value common stock of Garrett Company were as follows: The 4th-quarter...
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Al Hamra Company issues 500,000 shares of common stock on January 1, 2020 trading at RO 0.200 per share. On June 30, 2020, a 10% stock dividend is declared. How many additional shares will be issued by the company to the shareholders as a result of the stock dividends declared?
a.
500,000
b.
50,000
c.
100,000
d.
150,000
How much is the cash flow from operating activities from the following data of Majan Corporation for the year 2020:
|
RO 000 |
Proceeds from sale of long-term investment |
RO 100 |
Issuance of capital stock |
RO 65 |
Depreciation expense |
RO 15 |
Operating profit |
RO 405 |
Purchase of plant assets |
RO 65 |
Decrease in inventories |
RO 150 |
Increase in accounts payable |
RO 150 |
Increase in accounts receivable |
RO 225 |
Retirement of bonds payable |
RO 75 |
Payment of cash dividends |
RO 130 |
Taxes paid |
RO 25 |
Gain on sale of fixed asset |
RO 40 |
a.
RO 430
b.
RO 455
c.
RO 325
d.
RO 495
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