Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 6 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 6.00

Donnie Hilfiger

Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $.01 par value common. As of the beginning of 2012, 230 shares of preferred stock and 2,480 shares of common stock have been issued. The following transactions affect stockholders' equity during 2012:

 

Mar. 1 Issues 1,200 shares of common stock for $36 per share.
May 15 Repurchases 530 shares of treasury stock for $27 per share.
Jul. 10 Reissues 90 shares of treasury stock purchased on May 15 for $31 per share.
Oct. 15 Issues 150 shares of preferred stock for $39 per share.
Dec. 1

Declares a cash dividend on both common and preferred stock of $.60 per share to all stockholders of record on December 15. (Hint: Dividends are not paid on treasury stock.)
Dec. 31 Pays the cash dividends declared on December 1.

 

Donnie Hilfiger has the following beginning balances in its stockholders' equity accounts on January 1, 2012: Preferred Stock, $230; common Stock, $24.80; Additional Paid-in Capital, $75,000; and Retained Earnings, $25,500. Net income for the year ended December 31, 2012, is $9,200.

 

I NEED HELP ONLY WITH DEC.1!!!! I KNOW TRANSACTION WILL BE: Dividends(D)=?; Dividends payable(C)=?

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 12:08 PM My Price 6.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)