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help please Mastery Problem: Corporations: Organization, Stock Transactions, and Dividende Pranks, Inc. Pranks, Ine na manufacturer of fake and novelty products for perpetrators of Bractical

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Mastery Problem: Corporations: Organization, Stock Transactions, and Dividende Pranks, Inc. Pranks, Ine na manufacturer of fake and novelty products for perpetrators of Bractical jokes. The corporation has part several canaves throughout rear, the current ver. It is a determine de Do its steers as the calendar year and approaches you've been brought in as a contatto assist with this process, and to help determine whether meginoman can be made Ostribution of the stock dividend is made the company has two classes of stoc and cum ferred stock Number of common shares authorred 900,000 Number of common shares issued 750.000 Part of common shares 120 Par ve of cumulative preferred shares $30 Paid in capital in excess of par.com $7.000.000 Paid-i capital in excess of referred Mock 50 Total retained earnings before the stock dividend is declared 133,500,000 Notreasury share have been reis Preferred Dividends Common Dividende Total Cash Year Dividends Total Per Share Total Per Share Year! 40.000 40.000 0.20 0 0.00 Year 2 77,000 72,000 0.36 Year 122,000 68,000 0.34 54,000 0.00 150.000 10,000 0.15 Years 168,000 60,000 0.3 SOB.000 0.18 340,000 03 60,000 Year 0.3 180,000 0 0.00 90,000 Cuck My Work Smare Check My Working Year 740,000 60,000 180.000 0.3 Cash Dividende The accounting manager for the company prepared the schedule of cash evidents pald from Year 1 to Year on the ranks, the pan. However, one of the reasons for rank, Inc information the manager is way on vacation and is reachable by phone, because he is backpacking on a remote and that does not have cell phone reception Management would like you to determine information from the data you ve tafected regarding its outstanding lock www the following annivers How many shares of common stock are outstanding How many shares of preferred stock are outstanding? What is the preferred vided as a percent of par? Additional Questions 1. After completing the Cash Dividende parte, answer the following question Does Pranks, Inc. have any treasury stock? How can you tell 2. In which years has Pranks, Inc. paid cumulative preferred vidends in areas Yeart bear Year d. Yeart e. Years Check My Work Chuck My Works De ans, in have any reasury How can you 2. in which years as an inspirative referred sin Yeni Year Year 3 Year Years Yes Stock Dividend The company declared a common och vided on December and would you to compute the information The more of the Son, 30 on the actu dirbution date of the Mode, December 31 in the nation in the footable, in manier our her. A hem are five vender tema went watered and des were recorded end of the year Total paid in capital berthe Mock dividend Total retained earnings before the stock dividend Total stockholders equity for the stock divided Toca pod in capital atar the stock dividend Totalrenned earning after the stock dividend Total stockholders' equity atter the stock divided Check My Work Che My Woman ote All work Assignments

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