Eagle Eye, Inc., a corporation, received an additional investment of $6,000 cash in exchange for shares of common stock. How does this transaction affect Eagle Eye's accounts? a.Increase common stock and decrease retained earnings by $6,000 each b.Increase common stock and increase cash by $6,000 each c.Increase common stock and increase revenue by $6,000 each d.Increase in stock expense and decrease cash by $6,000 each

A firm has a market value equal to its book value. Currently, the firm has excess cash of $500 and other assets of $8,000. Equity is worth $8,500. The firm has 850 shares of stock outstanding and net income of $1,200. What will the new earnings per share be if the firm uses its excess cash to complete a stock repurchase?

Karan

Which of the following would affect shareholders' equity?   Group of answer choices   A company borrows $100 million and buys $100 million in equipment.   A company sells $100 million in assets for $100 million cash.   A company receives payment for $100 million in accounts receivable.   A company pays $100 million to shareholders as a dividend.

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Reese Co. pays a cash dividend to its stockholders in the amount of $50,000 the payment on the dividend will cause

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The following journal entries are found in a corporation's ledger: 11/15/17 Cash dividends 44,500 Cash dividends payable 44,500 1/15/18 Cash dividends payable 44,500 Cash 44,500 Which of the following statements is true? Select one: a. The date of record is 11/15/17. b. The date of payment is 11/15/17. c. The declaration date is 12/31/17. d. The date of payment is 1/15/18.

Tom Yuppy, a wealthy investor, paid $49,920 for 1,280 shares of $10 par common stock issued to him by Leuig Corp. A month later, Leuig Corp. issued an additional 2,560 shares of stock to Yuppy for $39 per share. Required Show the effect of the two stock issues on Leuig's books in a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). If an element was not affected by the event, leave the cell blank. LEUIG CORP. Horizontal Statements Model Balance Sheet Income Statement Statement of Cash Assets Stockholders' Equity Revenue Expense = Net Income Flow Event Common PIC in Cash Land Stock Excess 1- Common stock 2- Issue of additional shares

I think answer is $5.05 after founding