Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 4.00

market value of the common stock

i. Declared a 2% stock dividend on common stock and a $1.25 quarterly cash dividend per share on preferred stock. On the date of declaration, the market value of the common stock was $40 per share. On the date of record, 85,000 shares of common stock had been issued, 6,500 shares of treasury common stock were held, and 17,000 shares of preferred stock had been issued. Description Debit Credit Sock Dividends ____ 0 Cash Dividends ____ 0 Stock Dividends Distributable 0 ____ Pain in Capital in excess of Par Common stock 0 ____ Cash Divdends Payable 0 ____

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Maurice Tutor
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Status NEW Posted 14 Aug 2017 02:08 PM My Price 4.00

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