The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2 Jun declares and distributes a 15% stock dividend. The stock's per share market value on April 2 is $10 (prior to the dividend) Common stock-$5 par value, 465,800 shares authorized, 245,000 shares issued and outstanding $1,225,800

Paid-in capital in excess of par value, common stock 588,809

Retained earnings 878,800

Total stockholders' equity $2,683,000

Prepare the stockholders' equity section immediately after the stock dividend.

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David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?