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Required information [ The following information applies to the questions displayed below. ] The equity sections for Atticus Group at the beginning of the year
Required information
The following information applies to the questions displayed below.
The equity sections for Atticus Group at the beginning of the year January and end of the year December follow.
The following transactions and events affected its equity during the year.
January Declared a $ per share cash dividend, date of record January
March Purchased treasury stock for cash.
April Declared a $ per share cash dividend, date of record April
July Declared a $ per share cash dividend, date of record July
July Declared a stock dividend when the stock's market value was $ per share.
August Issued the stock dividend that was declared on July
October Declared a $ per share cash dividend, date of record ctober
Required:
How many common shares are outstanding on each cash dividend date?What is the total dollar amount for each of the four cash dividends?What is the amount of retained earnings transferred to paidin capital accounts capitalized for the stock dividend?What is the per share cost of the treasury stock purchased?How much net income did the company earn this year?
Required information
The following information applies to the questions displayed below.
The equity sections for Atticus Group at the beginning of the year January and end of the year December follow.
The following transactions and events affected its equity during the year.
January Declared a $ per share cash dividend, date of record January
March Purchased treasury stock for cash.
April Declared a $ per share cash dividend, date of record April
July Declared a $ per share cash dividend, date of record July
July Declared a stock dividend when the stock's market value was $ per share.
August Issued the stock dividend that was declared on July
October Declared a $ per share cash dividend, date of record October
Required:
How many common shares are outstanding on each cash dividend date?What is the total dollar amount for each of the four cash dividends?What is the amount of retained earnings transferred to paidin capital accounts capitalized for the stock dividend?What is the per share cost of the treasury stock purchased?How much net income did the company earn this year?
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