Please help! Thanks i will give thumbs up Consider the following assumed...
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Accounting
Please help! Thanks i will give thumbs up
Consider the following assumed transactions of Bedford Corporation. (Cick the icon to view the transactions) Requirement 1. Identify the eflects - both the direction and the dollar amount-of these transactions on the total stockholders' equity of Bedford Corporation. Each transaction is independent. (Entor amounts in dolisis. For example, enter 10 milion as 10,000,000. For transactions that have no effect on total stockholders" equily, enter a "0" in the Amount column.) More info a. Declaration of cash dividends of $75 million. b. Payment of the cash dividend in (a). e. A 10% stock dividend. Before the dividend, 75 milion shares of $3,00 par common stock were culstanding: the market value was $17.62 at the bime of the dividend, d. A 20% stock dividend. Belore the dividend, 75 millon shares of $3.00 par commen stock were oulstanding. the market value was $13.75 at the bime of the dividend. e. Purchase of 2,000 shares of treasury stock (par value $3.00 ) at $14.25 per share. 2. Sale of 300 ahares of the treasury stock for $16.00 per share. Cost the treasury stock was $14.25 per thare. g. A 3-for-1 slock split. Prior to the spat, 75 milion shares of $3.00 par common stock were cutstanding
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