Giannis Company has 100,000 shares of $10 par value common stock outstanding. Giannis declares a 15\% stock dividend on July 1 when the stock's market value is $30 per share. The stock dividend is distributed on July 20 . The journal entry for the declaration of the stock dividend is: dr. Retained Earnings 450,000, cr. Common Stock Distributable 300,000, cr. Additional Paid-In Capital 150,000 dr. Cash 450,000, cr. Common Stock Distributable 150,000, cr. Additional Paid-In Capital 300,000 dr. Retained Earnings 450,000, cr. Common Stock Distributable 150,000, cr. Additional Paid-In Capital 300,000 dr. Retained Earnings 450,000, cr. Treasury Stock 150,000, cr. Additional Paid-In Capital 300,000 Question 4 2 pts Davis Enterprises has 188,000 shares of $5 par value common stock outstanding. Davis declares a 35\% stock dividend on March 2 when the stock's market value is $69 per share. The journal entry for the declaration of the stock dividend is: dr. Cash 4,540,200, cr. Common Stock 4,540,200 dr. Common Stock Distributable 329,000, cr. Retained Earnings 329,000 dr. Retained Earnings 4,540,200, cr. Common Stock Distributable 4,540,200 dr. Retained Earnings 329,000, cr. Common Stock Distributable 329,000 Question 19 2 pts Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold Merchandise inventory, January 1 Merchandise inventory, December 31 Accounts payable, January 1 Accounts payable, December 31 $227,00055,80058,30055,30060,800 $224,000 $230,000 $235,000 $227,000 Marwick Corporation issues 10\%, 5 year bonds with a par value of $1,220,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8%. What is the bond's issue (selling) price, using the following Present Value tables: P of $1 PV of Annuity of $1 Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $21,000; net cash used in investing activities was $18,200 and net cash used in financing activities was $8,800. If the beginning cash balance is $15,600, what is the ending cash balance? $27,000 $63,600 $15,800 $9,600 The following data were reported by a corporation: Authorized shares20,000 Issued shares 15,000 Treasury shares 1,000 The number of outstanding shares is