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1.
Outstanding shares
Outstanding shares are referred as all the shares of company and financial assets that have been authorized, issued and purchased by the investors.
To determine:Calculate the number of outstanding shares on each cash
2.
Cash Dividend
Cash dividends are referred as the money which is paid to stockholders for the investment made in the shares of organization.
To explain:Calculate the amount for each of the cash dividends.
Stock Dividend
Stock dividend are referred as dividend which are declared from profits of the company which are distributing by the company by issuing additional shares.
To determine:Calculate the capitalization of
Stock Dividend
Stock dividend are referred as dividend which are declared from profits of the company which are distributing by the company by issuing additional shares.
To determine:Calculate the per share cost purchased treasury cost.
Net Income
Net income is referred as the profitability of the company. It is calculated as entity’s income minus Cost of goods sold, expenses,
To determine:Calculate the net income for the year 2016.
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Chapter 11 Solutions
Connect Access Card for Financial Accounting: Information and Decisions
- Financial Accounting: The Impact on Decision Make...AccountingISBN:9781305654174Author:Gary A. Porter, Curtis L. NortonPublisher:Cengage LearningCornerstones of Financial AccountingAccountingISBN:9781337690881Author:Jay Rich, Jeff JonesPublisher:Cengage Learning
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