Advantages of the corporate create that have caused the growth of this form of service ownership include every one of the complying with except:


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Advanteras of the corpoprice develop of organization incorporate which of the following?I. Double taxationII. Ability to raise capitalIII. Ability to move ownershipIV. More paperworkV. Limited liability
Disadvantages are that the organization is topic to federal government regulations and also double taxes on its earnings.
When a firm worries 25,000 shares of $1 par worth prevalent stock for $10 per share, the journal entry for this issuance would certainly include:
South Beach Apparel issued 10,000 shares of $1 par worth stock for $5 per share. What is true about the journal entry to record the issuance?
A company issued 1,000 shares of $1 par value preferred stock for $5 per share. What is true about the journal enattempt to document the issuance?
The Surf"s Up worries 1,000 shares of 6%, $100 par value preferred stock at the start of 2017. All continuing to be shares are prevalent stock. The firm was not able to pay dividends in 2017, however plans to pay dividends of $18,000 in 2018. Assuming the wanted stock is cumulative, just how a lot of the $18,000 dividfinish will certainly be paid to desired stockholders and also exactly how much will certainly be passist to common stockholders in 2018?
$12,000 to wanted stockholders and also $6,000 to widespread stockholders.Preferred dividends in arrears from 2017 = $6,000Preferred dividends for 2018 (1,000 shares × 6% × $100 par value) = 6,000Remaining dividends to prevalent stockholders = 6,000Total dividends = $18,000
The Surf"s Up worries 1,000 shares of 6%, $100 par worth desired stock at the start of 2017. All remaining shares are prevalent stock. The firm was not able to pay dividends in 2017, but plans to pay dividends of $18,000 in 2018. Assuming the wanted stock is noncumulative, just how much of the $18,000 dividend will certainly be passist to preferred stockholders and also just how a lot will certainly be phelp to widespread stockholders in 2018?
$6,000 to desired stockholders and $12,000 to prevalent stockholders.Preferred dividends in arrears from 2017 are lost = $0Preferred dividends for 2018 (1,000 shares × 6% × $100 par value) = 6,000Remaining dividends to prevalent stockholders = 12,000Total dividends = $18,000
The golden state Adventures issues 5,000 shares of 8%, $100 par value wanted stock at the start of 2017. All remaining shares are widespread stock. The company was not able to pay dividends in 2017, but plans to pay dividends of $100,000 in 2018. Assuming the preferred stock is cumulative, how much of the $100,000 dividfinish will certainly be phelp to preferred stockholders and also how much will certainly be paid to widespread stockholders in 2018?
California Adventures concerns 5,000 shares of 8%, $100 par value desired stock at the start of 2017. All continuing to be shares are common stock. The agency was not able to pay dividends in 2017, but plans to pay dividends of $100,000 in 2018. Assuming the preferred stock is noncumulative, just how much of the $100,000 dividfinish will certainly be paid to desired stockholders and just how a lot will be phelp to prevalent stockholders in 2018?
On December 2, Coley Corp. gained 1,000 shares of its $2 par value widespread stock for $27 each. On December 20, Coley Corp. reissued 400 shares for $15 each. Which of the complying with is correct about the journal entry for the reissued shares?
On February 22, Brett Corporation got 200 shares of its $5 par value common stock for $25 each. On March 15, the company reissued 70 shares for $30 each. What is true of the enattempt for reissuing the shares?
Crmodify More Paid in Capital $350.Cash (70 × $30) = 2,100 Treasury Stock (70 × $25) = 1,750 More Paid-in Capital = 350
The board of directors of Capstone Inc. asserted a $0.60 per share cash dividend on its $1 par common stock. On the date of declaration, tbelow were 50,000 shares authorized, 20,000 shares issued, and also 5,000 shares held as treasury stock. What is the enattempt once the dividends are declared?
A. Dividends 9,000 Dividends Payable 9,000Dividends <(20,000 - 5,000) × $.60> = 9,000 Dividends Payable = 9,000
The finishing Retained Salaries balance of Lambert Inc. raised by $1.5 million from the start of the year. The company"s net earnings earned in the time of the year is $3.5 million. What is the amount of dividends Lambert Inc. claimed and also paid?
Over the first four years of the company"s life, the company earned the following net revenue (loss): $6,000; $3,000; $6,000, and also ($2,000). If the company"s ending maintained earnings is $10,000 after year 4, what is the average amount of dividends paid per year?
Fashion, Inc. had a Retained Earnings balance of $12,000 at December 31, 2018. The firm had actually an average annual income of $7,500 over the following 3 years, and an finishing Retained Salaries balance of $15,000 at December 31, 2021. What was the complete amount of dividends passist over the last three years?
$19,500.Beginning RE + Net income - Dividends = Ending RE.$12,000 + 22,500 ($7,500 × 3) - Dividends = $15,000.Dividends = $19,500.
The issuer of a 100% prevalent stock dividend (big stock dividend) to widespread stockholders should debit stock dividends for an amount equal to the
The issuer of a 100% common stock dividfinish (huge stock dividend) to common stockholders should crmodify widespread stock for an amount equal to the
The issuer of a 5% common stock dividend (tiny stock dividend) to common stockholders need to delittle bit stock dividends for an amount equal to the
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