23 ) The issuer of a 5 % common stock dividend to common stockholders should transfer from retained earnings to paid-in capital an amount equal to the
24 ) Layne Corporation had the following information in its financial statements for the years ended 2014 and 2015 :
Cash dividends for the year 2015 $ 10,000 Net income for the year ended 2015 83,000 Market price of stock , 12 / 31 / 14 10 Market price of stock , 12 / 31 / 15 12 Common stockholders ' equity , 12 / 31 / 14 1,600,000 Common stockholders ' equity , 12 / 31 / 15 1,980,000 Outstanding shares , 12 / 31 / 15 180,000 Preferred dividends for the year ended 2015 15,000
What is the book value per share for Layne Corporation for the year ended 2015 ?
25 ) The pre-emptive right of a common stockholder is the right to
ACC 304 Final Exam Part 1 ( 3 Sets )