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Required information The following information apples to the questions displayed below On January 1, 2019 Metco Inc reported 288 000 shaies of $8 per value

Required information The following information apples to the questions displayed below On January 1, 2019 Metco Inc reported 288 000 shaies of $8 per value common stock a being windinding On March 24, 2019 Metco inc purchased for its treasury 3,900 shares of its common stock at of $200 per there On August 19, 2019, 740 of these treasury shares were sold for $4100 per share Metco's directors deceed ch dividends of $0.40 per share during the second quarter and again during the fourth quadec payable June 30 201 and December 31, 2019, respectively A 4% stock dividend was issued at the end of the year. There were no other transactions affecting common stock during the year c-1. Use the horizontal model for the sale of the treasury stock on August 19, 2019 indicate the fanel trement amet fer decreases with a minus sign to indicate a negetive financial statement effect.) Assets Cash Belance Sheet Additional paid-in capital Cash Dividends payable Retained earnings Treamy stack Suchen Equ Nee Sui ferences Required information [The following information applies to the questions displayed below On January 1, 2019, Metco Inc. reported 288,000 shares of $8 par value common stock as being sued and outstanding On March 24, 2019, Metco Inc. purchased for ns treasury 3.900 shares of its common stock at a price of $3900 per share On August 19, 2019, 740 of these treasury shares were sold for $4100 per share. Metcu's dvectors declared cash dividends of $0.40 per share during the second quarter and again during the fourth quarter, payable on June 30 20 and December 31, 2010, respectively A 4% stock dividend was issued at the end of the year There were no other transactions affecting common stock during the year Required 1. Use the horizontal model for the treasury stock purchase on March 24, 2019 indicate the financial statement effect mer decreases with a minus sign to indicate a negative financial statement effect) Additional paid-in capital, Cash Dividends b Treasury stack key Required information [The following information applies to the questions displayed below] On January 1, 2019, Metco Inc. reported 288,000 shares of $8 par value common stock as being issued and outstanding On March 24, 2019, Metco Inc. purchased for its treasury 3,900 shares of its common stock at a price of $39.00 per share On August 19, 2019, 740 of these treasury shares were sold for $41.00 per share. Metco's directors declared cash dividends of $0.40 per share during the second quarter and again during the fourth quarter, payable on June 30, 2019, and December 31, 2019, respectively. A 4% stock dividend was issued at the end of the year. There were no other transactions affecting common stock during the year. b. Calculate the total amount of the cash dividends paid in the second quarter Dividend paid Required information [The following information applies to the questions displayed below) unding On January 1, 2019, Metco inc reported 288.000 shares of $8 par value common stock as being sued and On March 24, 2019, Metco Inc. purchased for its treasury 3,900 shares of its common stock at a price of $30.00 per share On August 19, 2019, 740 of these treasury shares were sold for $41.00 per share Met's directors declared a dividends of $0.40 per share during the second quarter and again during the fourth quarter payable on June 30 20 and December 31, 2019, respectively. A 4% stock dividend was issued at the end of the year There were no er transactions affecting common stock during the year c-1. Use the horizontal model for the sale of the treasury stock on August 19, 2019 indicate the fancial statement effect decreases with a minus sign to indicate a negative financial statement effect) Cash Additional paid-in capital Cash Dividend payable Retained earnings ch Sockhoker Ey

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