Lavender inc announces a large stock dividend of 65 of the, Financial Management

+44 141 628 6080
[email protected]

Lavender inc announces a large stock dividend of 65 of the

Lavender, Inc. announces a large stock dividend of 65% of the 3.1 million outstanding shares of common stock. The current price per share is $8.85. Par value of the stock is $0.01 per share. What effect does this dividend have on retained earnings?

$31,000 decrease

$20,150 decrease

$17,832,750 decrease

$11,591,288 decrease

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Lavender inc announces a large stock dividend of 65 of the

Reference No:- TGS01227972

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Problem based on practical food safety tips and procedures

This class has been focused on practical food safety tips and procedures that everyone should know because everyone eats

How dns analyzes report as part of risk management strategy

Which of the options below is a reason the DNS analyzes the report as part of the risk management strategy?

Child has a desquamative rash of the hands and feet

A child has a desquamative rash of the hands and feet. Which additional finding should the nurse expect to observe with this rash?

Design a press kit for a sport event

Design a press kit for a sport event (this may be a fictional event, or a real event from your institution) that includes a short press release.

Briefly describe the social movement

A) Briefly describe the social movement in your own words. B) What type of movement is/was it (revolutionary/reform, instrumental/expressive)?

Prepare a cash budget for january and february

Edge Soccer Program (Edge) began the year with a cash balance of $10,500. The budget forecasts that collections from customers owed to the company

Responsibility of the nursing facility staff

If deficiencies are cited during survey, it becomes the responsibility of the nursing facility staff to do which of the following?

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Lavender inc announces a large stock dividend of 65 of the

Reference No:- TGS01227972

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : An italian company is considering expanding the sales of

Q : The most likely outcomes for a particular project are

Q : Draw a profit diagram for each of the following combined

Q : Yoursquove observed the following returns on doyscher

Q : Lavender inc announces a large stock dividend of 65 of the

Q : Using the capital asset pricing model capm what is the

Q : Merton enterprises pays a constant 5 dividend on its stock

Q : Percy motors has a target capital structure of 30 debt and

Q : Assume these securities are correctly priced based on the