Nevada Corporation has 30,000 shares of $25 par stock outstanding that has a current market value of $120.  If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be Group of answer choices 60,000 6,000 150,000 15,000

U the common shares is $165 each and market price of the preferred is $230 each. (Round to nearest dollar.) b. Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $170 per share. E14.6 (LO 1, 2) (Stock Issuances and Repurchase) Lindsey Hunter Corporation is authorized to issue 50,000 shares of $5 par value common stock. During 2025, Lindsey Hunter took part in the following selected transactions. a. Issued 5,000 shares of stock at $45 per share, less costs related to the issuance of the stock totaling $7,000. b. Issued 1,000 shares of stock for land appraised at $50,000. The stock was actively traded on a national stock exchange at approximately $46 per share on the date of issuance. c. Purchased 500 shares of treasury stock at $43 per share. The treasury shares purchased were issued in 2021 at $40 per share. d. Retired the treasury shares purchased in part (c). Instructions Prepare the journal entries to record these…

MULTIPLE CHOICE Travis Company has 10,000 shares of common stock with a par value of P10 per stock. A 2-for-1 stock split is made. The market price of the stock was P16 prior to the split. What will the market price per share be immediately subsequent to the stock split? *a. P4b. P6c. P8d. P10e. None of the above

The Liang Company's balance sheet has the following capital section.  Liang's stock is currently selling for $5 per share.   Common Stock (50,000 shares at $1 par)                  $50,000 Capital in Excess of Par                                               50,000 Retained Earnings                                                       100,000                                                                                   $200,000 If Liang declared a 10% stock dividend instead of doing the stock split, what would the relevant section of the balance sheet look like?

On June 30, 2020, when ABC shares were selling for $ 65 each, the equity accounts had the following balances:               Common shares (par value $ 50: 50,000 issued) $ 2,500,000                Capital contributed in excess of par value 600,000                Retained earnings 4,200,000 A 100% share dividend is declared and distributed, the balance of the Common Shares account after recording the dividend will be: a. $2,500,000 b. $7,300,000 c. $3,100,000 d. $5,000,000

A1 please help....