"Greg's Grocery, Inc. has 48,000 shares of common stock outstanding and 5,000 shares of preferred stock outstanding. The common stock is $5.00 par value; the preferred stock is 8% noncumulative with a $100.00 par value. On October 15, 2017, the company declares a total dividend payment of $57,000. What is the amount of dividend that will be paid for each share of common stock? (Round your answer to the nearest cent.)"
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Business, 23.06.2019 07:30
Which of the following conditions might result in the best financial decisions? a. agreeableness b. openness c. conscientiousness d. extraversion
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Business, 23.06.2019 10:00
Brokers such as paypal benefit online businesses because they do not charge fees like credit cards. they deliver the money to the business immediately. they cannot store credit card numbers. the business does not have to get an account with credit-card companies.
Answers: 3
Business, 23.06.2019 14:00
Marta is twenty eight years old, and she has no dependents. she has saved an emergency fund and an extra $1,500. she would like to save or invest this money in hopes that it will grow fast. marta does not mind taking risks with her money. which type of account or investment is best for her? a. fifteen-year savings bond b. mutual fund c. basic savings account earning 1.3 percent interest, compounded monthly d. ida
Answers: 1
Business, 23.06.2019 18:30
Karla tanner opens a web consulting business called linkworks and completes the following transactions in its first month of operations. april 1 tanner invested $105,000 cash along with office equipment valued at $25,200 in the company in exchange for common stock. 2 the company prepaid $7,200 cash for 12 monthsââŹâ˘ rent for office space. (hint: debit prepaid rent for $7,200.) 3 the company made credit purchases for $12,600 in office equipment and $2,520 in office supplies. payment is due within 10 days. 6 the company completed services for a client and immediately received $2,000 cash. 9 the company completed a $8,400 project for a client, who must pay within 30 days. 13 the company paid $15,120 cash to settle the account payable created on april 3. 19 the company paid $6,000 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $6,000.) 22 the company received $6,720 cash as partial payment for the work completed on april 9. 25 the company completed work for another client for $2,640 on credit. 28 the company paid $6,200 cash in dividends. 29 the company purchased $840 of additional office supplies on credit. 30 the company paid $700 cash for this monthââŹâ˘s utility bill. required: 1.prepare general journal entries to record these transactions using the following titles: cash (101); accounts receivable (106); office supplies (124); prepaid insurance (128); prepaid rent (131); office equipment (163); accounts payable (201); common stock (307); dividends (319); services revenue (403); and utilities expense (690). 2. post the journal entries from part 1 to the ledger accounts. 3. prepare a trial balance as of april 30. need a jounalentry worksheet part1 part2 - post the journal entries from part 1 to the ledger accounts part3 - prepare a trial balance as ofaprol30
Answers: 1
"Greg's Grocery, Inc. has 48,000 shares of common stock outstanding and 5,000 shares of preferred st...
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