The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow stockholders guity (anuary 1 Common stock-55 par value100,000 Sharon authorized 30,000 shares med and outstanding S150,000 paid in capital in excess of par value, common stock 110,000 Retained earning 380,000 Total stockholders' equity 5600,000 stockholders quity Tech 31 Con stock par valu, 100,000 Sharos authorized 35,400 share issued, 3,000 share in tay Paid-in capital in so pat value common stock Retained samnings (640,000 restricted by treasury stock) 5179,000 147,000 520,000 744,000 210.0001 5704,500 LASS Cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year Jan. 5 Declared a $0.50 per share cash dividenddate of record January 10 Mar. 20 Purchased troury stock for cash Apt. 5 Declared a $0.50 per share canh dividend, date of cocord Antil 10 July 3 Declated 50.50 pet share cash dividend, date of record July 10. July 31 Declared a 200 stock dividend when the stock market value X 512 pet share May 14 trued the stock dividend that was declared on July 31 Oct 5 Declared a 50.50 per share cath dividend, date of record October 10. Required: 1. How many common shares are outstanding on each cash dividend date? Jan 5 Apr. 5 July Oct 6 Outstanding common shares Prev Next > Next > Question P114 A 405 FB 13 14 10 15 00 16 GB 17 GO 19 no 111 B & a 2 #M % 5 4 6 7 8 9 W E 20 T Y C C 2. What is the total dollar antount for each of the four cash dividends nors July Cash did not Octs 3. What is the amount of retained earnings transferred to paid un capital accounts (capitalized for the stock dividend to ME Graw Hill 4. What is the per shore cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Carto share 5. How much net income did the company earn this year? Not incomo The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow stockholders guity (anuary 1 Common stock-55 par value100,000 Sharon authorized 30,000 shares med and outstanding S150,000 paid in capital in excess of par value, common stock 110,000 Retained earning 380,000 Total stockholders' equity 5600,000 stockholders quity Tech 31 Con stock par valu, 100,000 Sharos authorized 35,400 share issued, 3,000 share in tay Paid-in capital in so pat value common stock Retained samnings (640,000 restricted by treasury stock) 5179,000 147,000 520,000 744,000 210.0001 5704,500 LASS Cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year Jan. 5 Declared a $0.50 per share cash dividenddate of record January 10 Mar. 20 Purchased troury stock for cash Apt. 5 Declared a $0.50 per share canh dividend, date of cocord Antil 10 July 3 Declated 50.50 pet share cash dividend, date of record July 10. July 31 Declared a 200 stock dividend when the stock market value X 512 pet share May 14 trued the stock dividend that was declared on July 31 Oct 5 Declared a 50.50 per share cath dividend, date of record October 10. Required: 1. How many common shares are outstanding on each cash dividend date? Jan 5 Apr. 5 July Oct 6 Outstanding common shares Prev Next > Next > Question P114 A 405 FB 13 14 10 15 00 16 GB 17 GO 19 no 111 B & a 2 #M % 5 4 6 7 8 9 W E 20 T Y C C 2. What is the total dollar antount for each of the four cash dividends nors July Cash did not Octs 3. What is the amount of retained earnings transferred to paid un capital accounts (capitalized for the stock dividend to ME Graw Hill 4. What is the per shore cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Carto share 5. How much net income did the company earn this year? Not incomo
