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California Adventures issues 5,000 shares of 8%,$100 par value preferred stock at the beginning of 2017. All remaining shares are common stock. The company was

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed California Adventures issues 5,000 shares of 8%,$100 par value preferred stock at the beginning of 2017. All remaining shares are common stock. The company was not able to pay dividends in 2017 , but plans to pay dividends of $100,000 in 2018. Assuming the preferred stock is cumulative, how much of the $100,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2018? $20,000 to preferred stockholders and $80,000 to common stockholders. $40,000 to preferred stockholders and $60,000 to common stockholders. $80,000 to preferred stockholders and $20,000 to common stockholders. $100,000 to preferred stockholders and $0 to common stockholders. How many of the following accounts are reported in the Stockholders' Equity section of the balance sheet? - Accounts Receivable - Dividends - Income Summary - Retained Earnings - Common Stock - Sales Revenue - Cash - Wages Expense - Dividends Payable - Additional Paid in Capital - Deferred Revenue 2 3 4 5 6 On 11/16/2019, Out to Get You, Inc. issued 11,000 shares of $0.10 par value common stock for $5 per share. The journal entry to record this issuance would include: A credit to Cash for $55,000. A debit to Additional Paid-in Capital for $55,000. A credit to Common Stock for $53,900. A credit to Common Stock for $55,000. A credit to Additional Paid-in Capital for $53,900. On 1/1/2019, Protect Me, Corp. has 600,000 shares of Common Stock authorized, 275,000 shares of Common Stock issued and 245,000 shares of Common Stock outstanding. During 2019, the company issued another 18,000 shares and reacquired 3,500 of its own shares as Treasury Stock. As of 12/31/2019, what is the number of shares of the company's Common Stock that would be outstanding? \begin{tabular}{l} 245,000. \\ \hline 259,500. \\ \hline 289,500. \\ \hline 600,000. \\ \hline 614,500. \end{tabular}

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