Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. early in 2020, sporty corporation issued 150,000 c

Early in 2020, Sporty corporation issued 150,000 common shares ($ 1 par value). During the...

70.2K

Verified Solution

Question

Accounting

Early in 2020, Sporty corporation issued 150,000 common shares ($ 1 par value). During the year, the company purchased 20,000 of these shares as Treasury stock. After that, a 10% stock dividends was declared and distributed to shareholders. At year end, a stock split of 1: 2 was approved and implemented by the company. The number of issued shares at year end is................... please help me before 15 min

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

Heat transfer in a test in a double tube heat exchanger the following data are obtained For hot...

Biology
1.2K views

In comparisons of the evolutionary relationships between four species of birds which of the following...

Biology
1.2K views

Which of the following is NOT an advantage of viviparity and the placenta offspring are...

Physics
1.2K views

48 A uniformly charged rod of length 4 cm and line shown charge density 30...

Algebra
1.2K views

Solve each radical equation x 3 5

Accounting
1.2K views

A rent-to-own (RTO) agreement allows immediate access to merchandise, and by making...

Accounting
1.2K views

Indicate the accounts, amounts, and direction of the effects on the accounting equation (Assets Liabilities...

Accounting
1.2K views

On July 1, 2015, Truman Company acquired a 70 percent interest in Atlanta Company in...

Accounting
1.2K views

Question 123 The 2017 financial statements of Crane Company reported a beginning inventory of $91000,...

Accounting
1.2K views

The debt ratio is one indication of the ability of a company to fulfill its...

Accounting
1.2K views

You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage...

Finance
1.2K views

Question 1: Suppose a company had an initial investment of $50,000. The cash flow for...