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...

90.2K

Verified Solution

Question

Accounting

Early in 2020, Sporty corporation issued 150,000 common shares ($ 1 par value). During the year, a 10% stock dividends was declared and distributed to shareholders.After that, the company purchased 10,000 of these shares as Treasury stock. 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................... NOTE: (When writing your answer do not use commas or sign of the dollar. For example, if your answer is $10,000, write it as 10000)

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

Accounting
1.2K views

Describe how the general price level adjusted (GPLA) modelaccounts for changes in the general...

Chemistry
1.2K views

Calculate the molar solubility of Ca(IO3)2 in a) 0.060 M Ca(NO3)2 b) 0.060 M NaIO3

Physics
1.2K views

explain how a ray of light can guide inside of a graded-index fiber optic, and compare...

Basic Math
1.2K views

Consider the following hypothesis test. H0: ?d ? 0 Ha: ?d > 0 (a) The following data are from matched...

Geometry
1.2K views

12 Find the value of x 87 105 xo 135 92 work

Basic Math
1.2K views

What is the next fraction in this sequence? Simplify your answer.4/9, 7/18, 1/3, 5/18, ...

Calculus
1.2K views

Suppose F 2 9 F 7 10 and F x f x Also suppose G...

Algebra
1.2K views

What is the value of n in the equation 0 18 128n A 64 B...

Accounting
1.2K views

6-1 questions and 6-2 questions. multiple choice. Questions will Contiue to next page (picture)....

Accounting
1.2K views

Imperial Jewelers manufactures and sells a gold bracelet for $407.00. The companys accounting system says...

Accounting
1.2K views

Hoi Chong Tronsport, Limited, operates a fleet of delivery trucks in Singopore. The company has...

Accounting
1.2K views

Thank you in advance for helping with this problem sum. The following...