Selected transactions completed by Hartwell Boating Supply Corporation during the current fiscal year are as follows Feb 3 Split the common stock 2 for 1 and reduced the par from $40 to $20 per share After the split, there were 250,000 common shares outstanding Apr 10 Declared semiannual dividends ...

Date 10Apr Cash Dividend Cash dividend payable 27000 20000 150 ...

Selected transactions completed by Hartwell Boating Supply Corporation during the current fiscal year are as follows: Feb.

Question:

Selected transactions completed by Hartwell Boating Supply during the current fiscal year are as follows:
Feb. 3. Split the 2 for 1 and reduced the par from $40 to $20 per share. After the split, there were 250,000 common shares outstanding.
Apr. 10. Declared semiannual dividends of $1.50 on 18,000 shares of preferred stock and $0.08 on the to stockholders of record on May 10, payable on June 9
June 9. Paid the cash dividends
Oct. 10. Declared semiannual dividends of $1.50 on the preferred stock and $0.04 on the (before the stock In addition, a 2% was declared on the outstanding. The fair market value of the is estimated at $36
Dec. 9. Paid the cash dividends and issued the certificates for the the transactions.

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...