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ach of the following four (4) situations are independent of each other. On January 1, 2022, Dunder Mifflin Corp, a publicly traded company, had these
ach of the following four (4) situations are independent of each other. On January 1, 2022, Dunder Mifflin Corp, a publicly traded company, had these shareholders' equity accounts: Commonshares(Unlimitednumberofsharesauthorized,60,000issued)ContributedsurplusRetainedearnings$600,000$30,000$1,200,000 On February 1 the company reacquired and retired 5,000 common shares for $25.00 per share. The stock's market price was \$24.00. Calculate the balance in number of common shares, dollars of common shares, dollars of contributed surplus and dollars of retained earnings after the above transaction at February 1st,2022. Ignoring part 1, On January 1, 2022, Dunder Mifflin Corp, a publicly traded company, had these shareholders' equity accounts: Common shares (Unlimited number of shares authorized, 60,000 issued) $600,000 Contributed surplus Retained earnings $1,200,000 On February 1 the company declared a 5% stock dividend to common shareholders. The stock's market price was $30.00. February 15th is the date of record and March 1st is the date of payment. On February 15th the stock's market price was $31.00 and on March 1st the stock's market price was $32.00. Calculate the balance in number of common shares, dollars of common shares, dollars of contributed surplus and dollars of retained earnings after the above transaction at March 1'st 2022. Ignoring parts 1&2, On January 1, 2022, Dunder Mifflin Corp, a publicly traded company, had these shareholders' equity accounts: Commonshares(Unlimitednumberofsharesauthorized,60,000issued)ContributedsurplusRetainedearnings$600,000$30,000$1,200,000 On February 1 the company declared a 3 for 1 stock split to common shareholders. The stock's market price was $100.00. February 15th is the date of record and March 1st is the date of payment. On February 15th the stock's market price was $100.00 and on March 1st the stock's market price was $25.00. Calculate the balance in number of common shares, dollars of common shares, dollars of contributed surplus and dollars of retained earnings after the above transaction at March 1'st 2022. Contributed surplus Retained earnings $30,000$1,200,000 On February 1 the company declared a $1 per share cash dividend to common shareholders. The stock's market price was $30.00. February 15th is the date of record and March 1st is the date of payment. On February 15th the stock's market price was $31.00 and on March 1st the stock's market price was $32.00. Calculate the balance in number of common shares, dollars of common shares, dollars of contributed surplus and dollars of retained earnings after the above transaction at March 1't, 2022
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