equirement both the direction and the dollar amount-of these assumed transaction

Question

equirement both the direction and the dollar amount-of these assumed transactions on transactions that have no effect on total stockholders' equity, enter a "o in the Amount column) the total stockholdens' equity of Chelimsford Cerporasion. (Enter amounts in dolars. For example, enter 10 mallion as Effect on total More Info b. Payment of the cash dividend in (a). c. A10% stock dvidend Before dviend, 73 milion shares of S100 per common stock were outstanding: the market value was $14.21 at the time of he dividend d. A30% stock dividend. Before the dividend, 73 mln shares of$1.00per e. Purchase of 2.200 shares of treasury stock (par value $1.00) at $13.25 per f. Sale of 700 shares of the treasury stock for $18.00 per share. Cost of the g. A 2-for-1 stoock split. Prior to the spit, 73 million shares of $1.00 par common common stock were outstanding, the market value was $17.25 at the time of the dividend share treasury stock was $13.25 per share. Print Done

Explanation / Answer

Effect on total stockholder equity Amount Explantion a Decrease ($85,000,000) b NE 0 It’s a payment of liability c NE 0 Retained earnings decraeses and comon stock and paid in capital increases, hence no effect on total stockholder equity d NE 0 Retained earnings decraeses and comon stock and paid in capital increases, hence no effect on total stockholder equity e Decrease 29150 (2200*13.25) f Increase 3325 (700*18)-(700*13.25) g NE 0 As stock spilt make the par value half and double the no, of stock If any doubt please comment

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