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Donnie Hilfiger has two classes of stock authorized: $ 1 par preferred and $ 0 . 0 1 par value common. As of the beginning
Donnie Hilfiger has two classes of stock authorized: $ par preferred and $ par value common. As of the beginning of shares of preferred stock and shares of common stock have been issued. The following transactions affect stockholders equity during : March Issues shares of common stock for $ per share. May Repurchases shares of treasury stock for $ per share. July Reissues shares of treasury stock purchased on May for $ per share. October Issues shares of preferred stock for $ per share. December Declares a cash dividend on both common and preferred stock of $ per share to all stockholders of record on December Hint: Dividends are not paid on treasury stock. December Pays the cash dividends declared on December indicate whether each of these transactions would increase, decrease, have no effect, on total assets, total liability, and stockholders equity by completeing the following chart
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