Current Attempt in Progress On January 1, 2025, Carla Vista Corporation had 93,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Issued 108,000 shares of common stock for $810,000 Declared a cash dividend of $2 per share to stockholders of record on June 15. Paid the $2 cash dividend 1 Purchased 6,000 shares of common stock for the treasury for $18 per share. Dec. 15 Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31. Mar 1 June 1 June 30 Dec. Net Income for 2025 totaled $1.086,000
Current Attempt in Progress On January 1, 2025, Carla Vista Corporation had 93,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Issued 108,000 shares of common stock for $810,000 Declared a cash dividend of $2 per share to stockholders of record on June 15. Paid the $2 cash dividend 1 Purchased 6,000 shares of common stock for the treasury for $18 per share. Dec. 15 Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31. Mar 1 June 1 June 30 Dec. Net Income for 2025 totaled $1.086,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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