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At the beginning of the year, Thermos Water Bottle Company had 50.000 shares of $100 par value common stock outstanding. During the year, it engaged

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At the beginning of the year, Thermos Water Bottle Company had 50.000 shares of $100 par value common stock outstanding. During the year, it engaged in the following transactions related to its common stock: February 28 - Declared and issued a 25% stock dividend April 30 - Repurchased 7.500 shares of common stock August 1 - Issued a 2 for 1 stock split, reducing the par value to $50/ share October 1 - Issued 10,000 shares of common stock Compute Thermos's weighted average common shares outstanding (round to the nearest whole number). 47,500 60,000 92,500 117,500 NONE of the other answers are correct Jackson Paperclip Company has 4,000 shares of 6%,$100 par cumulative, non-participating preferred stock and 55,000 shares of $1 par common stock outstanding. The company did not pay a dividend the previous two years but declares and pays a cash dividend of $100,000 in the current year. How much cash will the common shareholders receive from the dividend? $12,088$28,000$2,000$72,000 NONE of the other answers are correct. On January 1, 2016, Tiger Corp. grants 20 of its employees compensatory stock options. These options allow the employees the right to purchase 100 shares of its $1 par value comtinon stock for $15 a share after a 4-year service period. On the grant date, the options have a fair value of $7.60 per option. Based on the historical turnover rate, Tiger expects 5 employees will not vest in the plan. On January 1, 2020, 4 employees decide to redeem their options. Which of the following is included in the journal entry to record the redemption of options on January 1, 2020? DR Paid-In Capital from Share Options $3,040 DR Compensation Expense $6,000 DR Cash $9,040 CR Common Stock $9,040 NONE of the other answers are correct

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