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im so confused where you get each number from. please help. Thank you. Required information Problem 13-4A (Algo) Analyzing changes in stockholders' equity accounts LO
im so confused where you get each number from. please help. Thank you.
Required information Problem 13-4A (Algo) Analyzing changes in stockholders' equity accounts LO C3, P2, P3 [The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31 ) January 5 Declared a $0.40 per sharo cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. Apri1 5 Declared a $0.40 per share cash dividend, date of record April 10. July 5 Declared a $0,40 per share eash dividend, date of record July 10. July 31 Declared a 208 stock dividend when the stock's market value was $14 per share. August 14 Issued the stoek dividend that was declared on July 31 . October 5 Declared a $0.40 per share cash dividend, date of record october 10. Problem 13-4A (Algo) Part 1 Required: 1. How many common shares are outstanding on each cash dividend date? 2. What is the total dollar amount for each of the four cash dividends? 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) 5. How much net income did the company earn this year Step by Step Solution
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