Question
Ferguson Corporation was incorporated on Jan. 2, 2015. During the first year, they issued 30 000 no par value common shares and 10 000 5%
Ferguson Corporation was incorporated on Jan. 2, 2015. During the first year, they issued 30 000 no par value common shares and 10 000 5% cumulative preferred shares with a stated value of $10:
On June 30, 2015, Ferguson announces a dividend only for the preferred shareholders of record on July 30, 2015. The payment is to be made Aug. 15, 2015.
On June 30, 2015, Ferguson announces a $15 000 dividend for shareholders of record on July 30, 2015. The payment is to be made Aug. 15, 2015.
On June 30, 2015, Ferguson announces it will not be paying a dividend. On June 30, 2016, Ferguson announces a $16 000 dividend for shareholders of record on July 30, 2016. The payment is to be made Aug. 15, 2016.
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Payroll Accounting 2018
Authors: Jeanette Landin, Paulette Schirmer
4th edition
1260005127, 1259742514, 1260005165, 126000516X, 978-1259742514
