391,500
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On January 1, 20B, Nathalie company had 150,000 ordinary shares outstanding. During the current year, the following events occurred: March 1, 2-for-1 share split; June 1, issued 45,000 additional shares; September 1, 20% share dividend. What is the weighted average number of shares outstanding for the year?
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414,000
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391,500
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345,000
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384,000
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- Question 1 The following represents the Stockholders' Equity accounts of Mag Corp. as of December 31, 2000. Common Stock, $10 par value, 100,000 shares authorized, 55,000 shares issued & outstanding $550,000 Preferred Stock, $100 par value, 20,000 shares authorized, 4,000 shares issued & $400,000 outstanding $15,000 $400,000 $290,000 The company had the following transactions during the period January 1, 2001 to December 31, 2001 Issued 5,000 shares of common shares for $20 per share cash Declared a cash dividend of $2 per share to its preferred shareholders, with a date of record of April 20 Date of Record Pald the preferred cash dividends Paid-in Capital in Excess of par value, preferred Pald-in Capital in Excess of par value, common Retained Earnings March 1, April 5, April 20, May 5, August 1, Nov. 1, Dec. 31 Declared and distributed (on the same day) a 5% stock dividend on common stock. The market value of the stock was $25 per sture. Issued 500 shares of Preferred Stock for a…A company with 100,000 authorized shares of $4 par common stock issued 50,000 shares at $8. Subsequently, the company declared a 2% stock dividend on a date when the market price was $13 per share. What is the number of new shares to be issued as a result of the stock dividend? Group of answer choices 13,000 shares 10,000 shares 20,000 shares4 minutes Gross Company has 300,000 common shares outstanding on 1/1/21. During 2021, Gross undertook the following stock transactions: April 1 issued a 20% stock dividend, October 1 reacquired 10,000 shares for the treasury. Determine the weighted-average number of common shares outstanding for Gross Company. O 357,500. O 350,000. 360,000. 362,500.
- Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1 $45,000 20Y2 12,000 20Y3 90,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. Preferred Stock(dividends per share) Common Stock(dividends per share) 20Y1 $ $ 20Y2 $ $ 20Y3 $ $Earnings per Share Stanford Corporation began the year with 150,000 shares of common stock outstanding. On March 1 an additional 10,000 shares of common stock were issued. On August 1, another 16,000 shares of common stock were issued. On November 1, 12,000 shares of common stock were acquired as Treasury Stock. Stanford Corporation’s net income for the calendar year is $489,000. RequiredCalculate the company’s earnings per share.Earnings per Share $AnswerDividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 20Y3 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. 20Y1 20Y2 20Y3 $62,500 20,000 75,000 Preferred Stock (dividends per share) $ $ Common Stock (dividends per share)
- Problem 6: Treasury Shares year 20x1: Valientes Corporation reported the shareholders. Equity at the beginning of the Ordinary share, P10 par, outstanding 225,000 shares Share Premium Retained Earnings 2,250,000 1,500,000 2,000,000 During the year, the entity had the following treasury shares transactions: Acquired 10,000 treasury shares for P500,000. Sold 5,000 treasury shares at P60 per share - Sold 2,000 treasury shares at P45 per share. Required: a. Prepare the journal entries b. Prepare the shareholders' equity at the end of the yearDividends Per Share Oceanic Company has 10,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 20Y3 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. 20Y1 20Y2 20Y3 Preferred Stock (dividends per share) $ $30,000 7,500 45,000 $ $ 1.50 1.50 X 1.50 X Common Stock (dividends per share) $ $ $ 0.30 0 0.60 XDividends Per Share Windborn Company has 25,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends: Year 1 $93,800 Year 2 18,800 Year 3 112,500 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0' Year 1 Year 2 Year 3 Preferred stock (Dividends per share) Common stock (Dividends per share)
- Dividend Per Share Windborn Company has 15,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year 1 $56,300 Year 2 18,000 Year 3 67,500 Determine the dividend per share for preferred and common stock for each year. Round all answers to two decimal places. If an amount box does not require an entry, leave it blank. Year 1 Year 2 Year 3 Preferred stock (Dividend per share) Common stock (Dividend per share)Dividends Per Share Seacrest Company has 25,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends: Year 1 $50,000 Year 2 20,000 Year 3 75,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. Year 1 Year 2 Year 3 Preferred stock (Dividends per share) $ $ $ Common stock (Dividends per share) $ $ $Rendivir Company had the following transactions during the year: January 1 Ordinary shares outstanding 200,000 March 1 Isued a 20% share dividend 30,000 May 1 Issued ordinary shares 40,000 September 1 Treasury shares purchased 10,000 November 1 Issued 3 for 1 share split What is the weighted average number of shares outstanding?