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Required: 1. How many common shares are outstanding on each cash dividend date? 3. What is the amount of retained earnings transferred to paid-in capital
Required: 1. How many common shares are outstanding on each cash dividend date? 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? Problem 11-4A (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) follow. The following transactions and events affected its equity during the year. January 5 beclared a $50.50 per share eaih dividend, date of record January 10. March 20 Purchased treasury atock for canh. April 5 Doclared a $0.50 por share eath dividend, date of rocord April 10. July 5 Declared a $0.50 per share can dividend, date of record July 10. July 31 Declared a 204 stock dividend when the stock's'market value wall $10 per ahare. Auquet 14 Ineued the atock dividend that vall deolared on July 31. Oetober 5 Deelared a 50.50 per thare eash dividend, date of record october 10. 4. What is the per share cost of the treasury stock purchased? Note: Round your answer to 2 decimal places. 5. How much net income did the company earn this year
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