subject
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

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 05:30
Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?
Answers: 2
question
Business, 22.06.2019 17:30
An essential element of being receptive to messages is to have an open mind true or false
Answers: 2
question
Business, 22.06.2019 20:20
John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.
Answers: 2
question
Business, 23.06.2019 02:30
The wall street journal reported that over a recent five-month period, a downturn in the economy has caused endowments to decline 23%. what is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities (to the nearest billion)?
Answers: 3
You know the right answer?
Boxer Company owned 18,000 shares of King Company that were purchased in 2019 for $470,000. On May 1...
Questions
question
Arts, 11.03.2021 01:20
question
Mathematics, 11.03.2021 01:20
question
Mathematics, 11.03.2021 01:20
question
Arts, 11.03.2021 01:20
question
Mathematics, 11.03.2021 01:20
question
Mathematics, 11.03.2021 01:20
question
Mathematics, 11.03.2021 01:20
question
Mathematics, 11.03.2021 01:20
Questions on the website: 13722362