The common stock of Warner Inc. is currently selling at $114 per share. The directors wish to reduce the share price and increase share volume prior to a new issue. The per share par value is $8; book value is $77 per share. 5.24 million shares are issued and outstanding. Prepare the necessary journal entries assuming the following. (If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) The board votes a 2-for-1 stock split. (b) The board votes a 100% stock dividend. No. Account Titles and Explanation Debit Credit (a) (b) (To record the declaration.) (To record the distribution.)
The common stock of Warner Inc. is currently selling at $114 per share. The directors wish to reduc
- Whether the Australian Legal System is responding effectively to the challenge of cyber bullying. You must use the attached stimulus material.
- Your task is to critically analyse a professional document that I will upload it for you that is called Reach and it is for private hospital and present your findings in a report format. To do this you must first imagine that the editor of private hospital document has commissioned a report to assess the documents reader¬-centeredness
We’re glad you’re considering us as your academic assistant, and we’d like to explain to you why exactly we firmly believe we’re one of the best companies in the industry.
SPECIAL OFFER FOR NEW CUSTOMERS: GET 15% OFF FOR YOUR FIRST ORDER! 15% OFF your first order! Order Now