Business, 28.01.2020 12:31 mustachegirl311

On june 1, 20x5, jomax corporation had 60,000 shares of $10 par value common stock outstanding. on june 2, 20x5, jomax declared a 40 percent stock dividend to be distributed on july 5, 20x5, to shareholders of record on june 15, 20x5. what amount of retained earnings should be transferred to contributed capital because of this dividend?

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 14:00

After creating an organizational strategy based on porter’s models, a company can a) create process models. b) calculate inputs and outputs. c) examine market structure. d) develop information systems. only answer if you're positive! you!

Answers: 2

Answer

Business, 22.06.2019 10:10

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?

Answers: 3

Answer

Business, 22.06.2019 19:00

In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?

Answers: 1

Answer

Business, 22.06.2019 20:10

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.

Answers: 1

Answer

You know the right answer?

On june 1, 20x5, jomax corporation had 60,000 shares of $10 par value common stock outstanding. on j...

Questions