Business
Business, 12.04.2021 21:20, bri9263

Boxer Company owned 18,000 shares of King Company that were purchased in 2019 for $470,000. On May 1, 2021, Boxer declared a property dividend of 1 share of King for every 10 shares of Boxer stock. On that date, there were 51,000 shares of Boxer stock outstanding. The market price of the King stock was $24 per share on the date of declaration and $36 per share on the date of distribution. By how much is retained earnings reduced by the property dividend

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 05:00, leonidas117
Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.
Answers: 3
image
Business, 22.06.2019 11:00, hadwell34
You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)
Answers: 3
image
Business, 22.06.2019 11:40, sriggins1375
Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:
Answers: 1
image
Business, 22.06.2019 12:20, mxrvin4977
In terms of precent, beer has more alcohol than whiskey true or false
Answers: 1
Do you know the correct answer?
Boxer Company owned 18,000 shares of King Company that were purchased in 2019 for $470,000. On May 1...

Questions in other subjects:

Konu
Social Studies, 23.03.2021 21:20
Konu
Chemistry, 23.03.2021 21:20
Konu
Chemistry, 23.03.2021 21:20