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What are my correct cash dividends? And my correct Paid in capital in excess of stated value- common stock ? Assignment Gradebook ORION Downloadable eTextbook
What are my correct cash dividends?
Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR PRINTER v Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Sarasota Corp. on January 1, 2017, were as follows 50 shares authorized) Preferred Stock (696, $100 par noncumulative, 4,4 Common Stock ($4 stated value, 296,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,450 common shares) $267,000 986,666 13,350 473,600 699,500 35,600 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. 1 Issued 5,140 shares of common stock for $30,840. Mar. 20 Purchased 1,800 additional shares of common treasury stock at $9 per share. Oct. 1 Declared a 6% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.75 per share cash dividend to common stockholders of record on December 15, payable Dec. 31 Determined that net income for the year was $277,600. Paid the dividend declared on December 1. 31, 2017, (a) 2 Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR PRINTER v Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Sarasota Corp. on January 1, 2017, were as follows 50 shares authorized) Preferred Stock (696, $100 par noncumulative, 4,4 Common Stock ($4 stated value, 296,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,450 common shares) $267,000 986,666 13,350 473,600 699,500 35,600 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. 1 Issued 5,140 shares of common stock for $30,840. Mar. 20 Purchased 1,800 additional shares of common treasury stock at $9 per share. Oct. 1 Declared a 6% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.75 per share cash dividend to common stockholders of record on December 15, payable Dec. 31 Determined that net income for the year was $277,600. Paid the dividend declared on December 1. 31, 2017, (a) 2 And my correct Paid in capital in excess of stated value- common stock ?
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