1. Cam and Hicks Corporation commenced operations on August 1st, 20x2 with outstanding share capital of 9317, $2.49 cumulative preferred shares, and 68453 common shares. In the second year of operations the company paid dividends of $99247. What was the second year total dividend paid to common shareholders?

Select one:

a. $46399

b. $76048

c. $99247

d. $52848

2. The J&W Corporations shareholders equity as at December 31, 20x7 is as follows:

Common shares, 1198 shares outstanding	$40000
Preferred shares, $5.18, cumulative, 198 shares outstanding	$15000
Retained Earnings	$60060

The preferred share dividends were last paid on December 31, 20x4. It is now December 1, 20x8 and management wants to pay a dividend of $3.76 per common share.

The companys 20x8 ending Retained Earnings balance is $79066, and there were no transactions relating to the issuance or redemption of common shares throughout the year.

What was the companys net income for the year 20x8?

Select one:

a. $19006

b. $23510

c. $27613

d. $26587

3.The Wu Corporation has the following balance in their common shares account at January 1st 20x8:

Common Shares, 976044 shares outstanding

$14267149

If only one share repurchase of 47737 shares occurred during the year, how much cash did Lynn pay to repurchase the shares?

Select one:

a. $687787

b. $14219412

c. $14267149

d. $697787