The stockholders' equity section of the balance sheet for Warren Corporation on August 16, 2022, follows:
EJ (Click the icon to view the data.)
On August 16, 2022, the market price of Warren common stock was $20 per share. Warren declared and distributed a 10% stock dividend on this date.
Read the requirements.
Hamburg Jewely Company reponed the following aummarned balance sheet at December 31; 2021 TII (Clok the keni 10 vere the stakement) Dunng 20e2, Hamburp Jeweiry oompleted these transactions that afiected abokholders' equty? (1) iCick the ican to verv tie varasetors ) Data table Read the techitemerts Feb 13 issed 5700 shares of co=mon slock for 57 per thare More info Fob 13 insed 5240 shares if commen siook for $7 fer thare then A Pad the cakh divitend Aug 9 Deciared and deirtiled a 20% shock divident on the ponmen atoce Market price of the oorresos diock was 511 per thare Oct 20 Fhacogered 700 ehare of cominos sook as veawury thock beging 113 per shate 20 .50id 600 shares of tie featury ilock for 314 pet ahare 31 Declares a cash dredond de $9.39 per share on the butatining common stockc ifyodends wil be pais is daneay 2023 Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. 3. Why is total stockholders' equity unchanged by the stock dividend? 4. Suppose Warren had a cash balance of $530,000 on August 17, 2022. What is the maximum amount of cash dividends the company can declare? Data table The stocitiders equity section of the balunce sheet for Waren Conporation on Apgust 16, 2022, follows: III (Cick the icon lo viea the data-) On August 16,2022 , the maiket price of Waren common slock was $20 per sharo. Waren doclared and distruded a 105 stock dividend on this date. Read the recouments Requirement 1, dovenafre the declaraton and distrbuson of the 103 stock dividend : Precord dobits frnt, the Data table Requirements 1. Journalse the deciaraion and datifition of the stock thidend 2. Prepare the lfocktodens' equity wection of the balance sheet atee the stock dindend 3. Why is total stockholder' equey unchanged by Fen stock diviseno? 4. Suppese Weren had a cash balence of 55>0,000 on Augus 17, 2022. Whin is the maximum momourt ol cask dividends the compary can dedare
