Nevada Corporation has 63,600 shares of $16 par stock outstanding that has a current market value of $267. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be a.63,600 b.318,000 c.508,800 d.254,400

Suppose you own 5% of Coastal Corporation's 300,000 outstanding common shares. The stock was trading for $135 per share before Coastal executives announced a 3-for-2 stock split. After the split, you will own shares worth share. per O 15,000; $135 O22,500; $135 O 15,000 $90 O 30,000: $110 22,500; $90

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…

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