uop acc 291 week 4 wileyplus assignment do it 11-1, e11-5, e11-7, byp11-1, byp11-2, p11-5a, p11-8a (new),uop acc 291 new week 4,uop acc 291 new week 4,uop acc 291 new,uop acc 291 new week 4 tutorial,uop acc 291 new week 4 assignment,uop acc 291 new week 4 help

1. UOP ACC 291 Week 4 Exercise E11-2. E11-5. E11-7. E11-13 NEW
Check this A+ tutorial guideline at
http://www.acc291assignment.com/acc-291-uop/acc-
291-week-4-exercise-new
For more classes visit http:/
/www.acc291assignment.com
www.acc291assig
nment.com
Journalize issuance of common stock and preferred stock and
purchase of treasury stock.
E11-2 Sagan Co. had these transactions during the current
period.
June 12 Issued 80,000 shares of $1 par value common stock for
cash of $300,000.
July 11 Issued 3,000 shares of $100 par value preferred stock
for cash at $106 per share.
Nov. 28 Purchased 2,000 shares of treasury stock for $9,000.
Prepare correct entries for capital stock transactions. E11-5 Mesa
Corporation recently hired a new accountant with extensive
experience in accounting for partnerships. Because of the pressure
of the new job, the accountant was unable to

2. review what he had learned earlier about corporation
accounting. During the first month, he made the following
entries for the corporation's capital stock.
Compare effects of a stock dividend and a stock split. E11-7 On
October 31, the stockholders' equity section of Manolo Company's
balance sheet consists of common stock $648,000 and retained
earnings $400,000. Manolo is considering the following two courses
of action: (1) declaring a 5% stock dividend on the 81,000 $8 par
value shares outstanding or (2) effecting a 2-for-1 stock split that
will reduce par value to $4 per share. The current market price is
$17 per
share.
Instructions
Prepare a tabular summary of the effects of the alternative actions
on the company's stockholders' equity and outstanding shares. Use
these column headings: Before Action, After Stock
Dividend, and After Stock Split.
Calculate ratios to evaluate profitability and solvency. E11-13 Kojak
Corporation decided to issue common stock and used the $300,000
proceeds to redeem all of its outstanding bonds on January 1, 2017.
The following information is available for the company for 2017
and 2016.
(a) Compute the return on common stockholders' equity for
both years.
(b) Explain how it is possible that net income increased but the
return on common stockholders' equity decreased.
(c) Compute the debt to assets ratio for both years, and comment on
the implications of this change in the company's
solvency.