Entries by Munene david

5) On January 2, 2017, Alpha Company purchased 10,000 shares

May 4, 2020 in /by

5) On January 2, 2017, Alpha Company purchased 10,000 shares of the stock of Zulu Company, and did not obtain significant influence.  The investment is intended as a long-term investment.  The stock was purchased for $10 per share, and represents a 10% ownership stake.  Zulu Company made $25,000 of net income in 2017, and paid dividends of $10,000 […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

6) The Common Stock account for Alpha Corporation on January 1, 2017

May 4, 2020 in /by

6) The Common Stock account for Alpha Corporation on January 1, 2017 was $37,500. On June 1, 2017 Alpha issued an additional 2,500 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock, Paid in Capital Excess to par Common Stock was $10,000 on January 1 […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

8) Alpha Corporation started the 2018 fiscal year with 100,000 shares

May 4, 2020 in /by

8) Alpha Corporation started the 2018 fiscal year with 100,000 shares common stock outstanding.  On April 1 an additional 30,000 shares were issued. On July 1 Alpha reacquired 10,000 shares. Use this information to determine the number of weighted-average shares of common stock outstanding for the 2018 fiscal year?   Looking for a Similar Assignment? Order […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

9) On January 1, 2018, Alpha Corporation had 50,000 shares

May 4, 2020 in /by

9) On January 1, 2018, Alpha Corporation had 50,000 shares of $10 par value common stock outstanding. On July 1, 2018, Alpha issued 50,000 additional shares on July 1, 2018. There is no class of preferred stock. At December 31, 2018, total stockholders’ equity was $4,250,000. Use this information to determine the book value per share as of […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"