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Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $20 par common stock. The following

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Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 201 $120,000 202 48,000 20Y3 180,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. Preferred Stock Common Stock (dividends per share) (dividends per share) 20Y1 20Y2 20Y3 Next The declaration, record, and payment dates in connection with a cash dividend of $28,100 on a corporation's common stock are July 9, August 31, and October 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. July 9 Aug. 31 Oot. 1 Calculator Effect of Stock Split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 24,000 shares of common stock outstanding, dedared a 2-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $216 per share before the stock split, what would be an approximate market price per share after the split? per share Entries for Stock Dividends Zurich Corporation has 21,000 shares of $70 par common stock outstanding. On August 2, Zurich Corporation dedared a 4% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $80 per share on August 2. Journalize the entries required on August 2, September 15, and October 8. If an amount box does not require an entry, leave it blank. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Aug. 2 Sept. 15 Oct. 8 Calculator Entries for losuing Par Stock On Janary 22, Jefferson County Rodks Inc., a martle contractor, loound for cash 40,000 shares of $18 par common stock at $61, and on February 27, it iosued for cash 140,000 shares of preferred stock, $8 par at $11. a Journaie the entries for Janary 22 and February 27. If an amount box does not reguire an entry, leave it Mank. Jan 22 Fe 27 .what is the total amount invested (total pald in capital) by all stockhlders as of February 27n

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