1 answer

Required information [The following information applies to the questions displayed below.) Part 2 of 5 The...

Question:

Required information [The following information applies to the questions displayed below.) Part 2 of 5 The equity sections fo

Required information [The following information applies to the questions displayed below.) Part 2 of 5 The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. 1.66 points Stockholders' Equity (January 1) Common stock-$4 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $140,000 100,000 340,000 $580,000 eBook Stockholders' Equity (December 31) Common stock-$4 par value, 100,000 shares authorized, 41,000 shares issued, 5,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($60,000 restricted by treasury stock) Print $164,000 160,000 420,000 744,000 (60,000) $684,000 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. Jan. 5 Declared a $0.60 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0.60 per share cash dividend, date of record April 10. July 5 Declared a $0.60 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $14 per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $0.60 per share cash dividend, date of record October 10. 2. What is the total dollar amount for each of the four cash dividends? Jan. 5 Apr. 5 July 5 Oct. 5 Cash dividend amounts

Answers

2) Cash dividend

Jan 5 Apr 5 July 5 Oct 5
Cash dividend amount 35000*.60 = 21000 (35000-5000)*.60 = 18000 18000 (30000*1.20)*.60 = 21600
.

Similar Solved Questions

1 answer
1. Define an integer variable month with initial value 3 2. Draw Flowchart for the following...
1. Define an integer variable month with initial value 3 2. Draw Flowchart for the following question 3. Ask user to input one number and output if it is positive or negative 4. For the following program, draw its variable table and analyze its output (variable value changes): • #include <io...
1 answer
Which among the following is an example of an open-ended question? Selected Answer: Were the service...
Which among the following is an example of an open-ended question? Selected Answer: Were the service representatives helpful? Answers: How does the product make you feel? Have you purchased our product previously? How many times have you shopped at our stores? Were the s...
1 answer
1. Perform a 2019 vertical analysis and a 2018-2019 horizontal analysis of the income statements for DMZ, LLC provi...
1. Perform a 2019 vertical analysis and a 2018-2019 horizontal analysis of the income statements for DMZ, LLC provided below. What areas of concern, if any, do these analyses highlight? Explain your answer. DMZ, LLC Income Statements For the Years Ended December 31, 2018, and December 31, 2019 2018 ...
1 answer
Derive the entries in Table 3.4, the explicit forms for estimators in the orthogonal case. TABLE...
Derive the entries in Table 3.4, the explicit forms for estimators in the orthogonal case. TABLE 3.4.J Estimators of B, in the case of orthonormal columns of X. M andX are constants chosen by the corresponding techniques; sign denotes the sign of its argument (土1), and x+ denotes "positi...
1 answer
Draw a picture of a directed network based on the following adjacency matrix: A B C...
Draw a picture of a directed network based on the following adjacency matrix: A B C D E F G А о 1 1 o o o o в о о 1 1 o o o с o o o 1 1 o o o o o o o 1 1 E o o o o o 1 F 1 o o o o o 1 G 1 1 o o o o o...
1 answer
Comp Wiz sells computers. During May 2017, It sold 500 computers at a $1,000 average price...
Comp Wiz sells computers. During May 2017, It sold 500 computers at a $1,000 average price each. The May 2017 fixed budget Included sales of 550 computers at an average price of $960 each. AQ - Actual Quantity SQ - Standard Quantity AP = Actual Price SP - Standard Price (1) Compute the sales price v...
1 answer
How does mannerism and customs as well as the social structures and organizations of the Mexican...
how does mannerism and customs as well as the social structures and organizations of the Mexican culture compare to the us culture and business aspect...
1 answer
Explain each of the four differences for the FIFO and Weighted-Average methods for the Process Cost...
Explain each of the four differences for the FIFO and Weighted-Average methods for the Process Cost system: Which method is more difficult to use?, What happens when there are similar results for both methods?, Which method is superior to use?, and Which method is more accurate?. Explain and compare...
2 answers
How fast will an object with a mass of #15 kg# accelerate if a force of #36 N# is constantly applied to it?
How fast will an object with a mass of #15 kg# accelerate if a force of #36 N# is constantly applied to it?...
1 answer
List three ways that a company can price discriminate, and briefly explain how each behavior could...
List three ways that a company can price discriminate, and briefly explain how each behavior could increase profits for the company. (6 pts) HTML Editora B I VA - A - I E321 X X, SE V JDT 12pt Paragra Films On Demand (2.0)...
1 answer
It is often used to sterilize: (Choose one of the following options): bacterial media, glassware, saline...
it is often used to sterilize: (Choose one of the following options): bacterial media, glassware, saline solu STION 4 ching A. Peptones Microbes that grow better at high CO2 concentrations. B. Reducing media Requires atmospheric oxygen, but in lower than normal concentrations. C. Lyophilization Impo...
1 answer
36. In practice (according to research) family managed businesses as compared to publically held corporations are:...
36. In practice (according to research) family managed businesses as compared to publically held corporations are: a. More profitable compared to professionally managed corporations b. Less profitable compared to professionally managed corporations Equally profitable when compared to professional ma...
1 answer
се A Project B - 10,000 4000 4,000 4,000 - 10,000 4,000 3,000 2,000 1,000,000 penod...
се A Project B - 10,000 4000 4,000 4,000 - 10,000 4,000 3,000 2,000 1,000,000 penod is 2 5 years but Project B cannot be accepted because its payback period s longer than 3 years O A. Project A can be accepted because the payback years but Project B O B. Project B should be accepted beca...
1 answer
Chapter 11 Homework i Saved University Printers has two service departments (Maintenance and Personnel) and two...
Chapter 11 Homework i Saved University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developing). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of l...
1 answer
For a normal random variable, with  μ = 20, and  σ = 2, find the following probabilities. (a) Pr(X  ≤  21.1)...
For a normal random variable, with  μ = 20, and  σ = 2, find the following probabilities. (a) Pr(X  ≤  21.1) (b) Pr(X  >  15.90)...
1 answer
1) A store drops the price they charge for socks by 10% and in response they...
1) A store drops the price they charge for socks by 10% and in response they see sales increase by 10%. What's the price elasticity of socks? Group of answer choices a) 1 b) 2 c) 0.5 d) 0 ---------- 2) When we say we've reached "consumer equilibrium" we mean that we're getting th...
1 answer
[b] State if you agree or disagree with each of the following statements. For the latter, explain why you disagree with...
[b] State if you agree or disagree with each of the following statements. For the latter, explain why you disagree with the statement. (i) [3 marks] The dynamic range of a technique lies between the limit of detection and the limit of quantification. (ii) 3 marks] Based on an absorbance versus conce...