subject
Business, 18.12.2019 07:31 arias58

On january 1, 2019, sheffield corp. had the following stockholders' equity accounts. common stock ($12 par value, 81,300 shares issued and outstanding) $975,600 paid-in capital in excess of par value-common stock 188,000 retained earnings 503,000 during the year, the following transactions occurred. jan. 15 declared a $1.00 cash dividend per share to stockholders of record on january 31, payable february 15. feb. 15 paid the dividend declared in january. apr. 15 declared a 10% stock dividend to stockholders of record on april 30, distributable may 15. on april 15, the market price of the stock was $16 per share. may 15 issued the shares for the stock dividend. july 1 announced a 2-for-1 stock split. the market price per share prior to the announcement was $14. (the new par value is $6.) dec. 1 declared a $0.70 per share cash dividend to stockholders of record on december 15, payable january 10, 2020. dec. 31 determined that net income for the year was $220,000.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:30
What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit
Answers: 2
question
Business, 21.06.2019 19:40
Prairie, inc. produces one single product. it has an annual capacity of 10,000 units, but currently uses only 80% of it. each unit is sold for $50 and requires direct material worth $30 and direct labor worth $5. manufacturing overhead cost is $10 per unit of which 70% is variable. should a special order to sell 1,000 units at $44 be accepted? yes no
Answers: 2
question
Business, 22.06.2019 06:30
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
question
Business, 22.06.2019 11:00
When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
Answers: 3
You know the right answer?
On january 1, 2019, sheffield corp. had the following stockholders' equity accounts. common stock ($...
Questions
question
History, 22.09.2019 02:30