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show the steps for questions 11 and 20. 20. Bonita's Vegetable Market had the following transactions during 2020 : 1. Issued $51,000 of par value
show the steps for questions 11 and 20.
20. Bonita's Vegetable Market had the following transactions during 2020 : 1. Issued $51,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $16,000. 3. Acquired land by issuing common stock of par value $51,000. 4. Declared and paid a cash dividend of $7100. 5. Sold a long-term investment (cost $3300 ) for cash of $5600. 6. Acquired an investment in IBM stock for cash of $10100 What is the net cash provided by financing activities? a. $68,200 b. $35,000 c. $0 d. $27,900 e. None of the above 11. Coronado Corporation's December 31,2020 balance sheet showed the following: 8% preferred stock, $20 par value, 42000 shares authorized; 37000 shares issued Common stock, $10 par value, 2800000 shares authorized; 2750000 shares issued, 2718400 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock ( 31600 shares) Coronado declared and paid a $75,000 cash dividend on December 15, 2020. What amount of dividends did Coronado's common stockholders receive? a. $0.00 b. $101,200.00 c. $75,000.00 (d.) $15,800,00 Step by Step Solution
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