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The following data is available for Blaine Corporation at December 31, 2015: Common stock, par $10 (authorized 30,000 shares) $250,000 Treasury Stock (at cost $15
The following data is available for Blaine Corporation at December 31, 2015: Common stock, par $10 (authorized 30,000 shares) $250,000 Treasury Stock (at cost $15 per share) $ 900 Based on the data, how many shares of common stock have been issued? 24,940 29,940 30,000 25,000 Question 15 1 pts Evergreen Manufacturing Corporation purchased 5,000 shares of its own previously issued $10 par common stock for $115,000. As a result of this event, Evergreen's total stockholders' equity decreased $115,000 All of these answers are correct. Evergreen's Common Stock account decreased $50,000. Evergreen's Paid-in Capital in Excess of Par account decreased $65,000. Question 16 1 pts Which of the following is not a significant date with respect to dividends? The declaration date The record date The incorporation date The payment date Question 17 1 pts A stockholder who receives a stock dividend would expect the market price per share to increase. expect retained earnings to increase. own more shares of stock. expect the par value of the stock to change
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