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Library Inc has 2500 shares of 496 50 par value cumulative preferred stock and shares of par value common stock outstanding at December

Library Inc has 2500 shares of 496 50 par value cumulative preferred stock and shares of par value common stock outstanding at December

21.Library, Inc. has 2,500 shares of 496, $50 par value, cumulative preferred stock and shares of $1 par value common stock outstanding at December 31,01 50,000 ber 2016, and Decem 31, 2017. The board of directors declared and paid a $4,000 dividend in $15,000 of dividends are declared and paid. What are the dividend preferred and common shareholders in 2017? In 2017 s received by the referre ommo a. $9,000 b. $7.500 C. $6,000 d. $5,000 $7,500 $9,000 $10,000 Township, Inc. has 10,000 shares of 5%, $100 par value, noncumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid a $50,000 dividend in 2016. In 2017, $110,000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2017? Preferred b. $50,000 c. $55,000 d. $70,000 ommon $110,000 $60,000 $55,000 $40,000 The declaration of a stock dividend will a. increase paid-in capital b. change the total of stockholders' equity. c. increase total liabilities d. increase total assets. 23. On January 1, Collins Corporation had 800,000 shares of $10 par value common stock outstandin the stock was $15/share. As a result of this event a. Collins' Paid-in Capital in Excess of Par account increased $600,000 b. Collins' total stockholders' equity was unaffected. c. Collins' Stock Dividends account increased $1,800,000. d. All of the above. 24. g On March 31, the company declared a 15% stock dividend. Market value of 25. Moore, Inc. had 250,000 shares of common stock outstanding before a stock split occurred, and 750,000 shares outstanding after the stock split. The stock split was a. 2-for-5 b. 5-for-1 c. 1-for-5 d. 3-for-1.

 
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mahesh 17-Mar-2020

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