eoc_chapter_14

# eoc_chapter_14 - Chapter 14 Problems 1-18 Input boxes in...

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Chapter 14 Problems 1-18 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green

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Chapter 14 Question 1 Input Area: Number of shares 200 Stock price \$105.00 Dividend per share \$1.50 Output Area: Ex-dividend price \$103.50 Stock value \$20,700.00
Chapter 14 Question 2 Input Area: Number of shares 200 Stock price \$105.00 Dividend per share \$1.50 Output Area: Ex-dividend price \$103.50 Stock value \$20,700.00 Dividend value \$300.00 Portfolio value \$21,000.00

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Chapter 14 Question 3 Input Area: Dividend per share \$4.00 Tax rate 34% Stock price \$90.00 Output Area: After-tax Dividend \$2.64 Ex-dividend price \$87.36
Chapter 14 Question 4 Input Area: Common stock \$16,000 Par value \$1 Capital surplus \$120,000 Retained earnings \$442,000 Total owners'Equity \$578,000 a. Stock price \$30 Stock dividend 10% b. Stock dividend 25% Output Area: a. New shares outstanding 17,600 New shares issued 1,600 Capital surplus on new shares \$46,400 Common stock \$17,600 Capital surplus \$166,400 Retained earnings \$394,000 \$578,000 b. New shares outstanding 20,000 New shares issued 4,000 Capital surplus on new shares \$116,000 Common stock \$20,000 Capital surplus \$236,000 Retained earnings \$322,000 \$578,000

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Chapter 14 Question 5 Input Area: Common stock \$16,000 Par value \$1 Capital surplus \$120,000 Retained earnings \$442,000 Total owners'Equity \$578,000 Stock price \$30 a. Stock split 4 for 1 b. Stock split 1 for 5 Output Area: a. New shares outstanding 64,000 The accounts are unchanged except that par value is now \$0.25 b. New shares outstanding 3,200 The accounts are unchanged except that par value is now \$5.00
Chapter 14 Question 6 Input Area: Shares outstanding 400,000 Stock price \$90.00 a.

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## This note was uploaded on 05/01/2009 for the course FINC 106 taught by Professor Dr.nehale during the Spring '09 term at Baptist College of Health Sciences.

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eoc_chapter_14 - Chapter 14 Problems 1-18 Input boxes in...

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