On january 1 2010 metco inc had issued an outstanding

Reference no: EM13598809

On January 1, 2010, Metco, Inc., had issued an outstanding 574,600 shares of $2 par value common stock. On March 15, 2010, Metco, Inc., purchased for its treasury 4,400 shares of its common stock at a price of $75 per share. On August 10, 2010, 1,400 of these treasury shares were sold for $84 per share. Metco's directors declared cash dividends of $1.20 per share during the second quarter and again during the fourth quarter, payable on June 30, 2010, and December 31, 2010, respectively. A 2% stock dividend was issued at the end of the year. There were no other transactions affecting common stock during the year. references Calculate the total amount of the cash dividends paid in the second quarter. Calculate the total amount of cash dividends paid in the fourth quarter. Calculate the number of shares of stock issued in the stock dividend.

Reference no: EM13598809

Questions Cloud

Sandy and john via 12 maple avenue albany ny 12205 are : sandy and john via 12 maple avenue albany ny 12205 are married file a joint federal income tax return and have a

Stine inc had 300000 shares of common stock issued and : stine inc. had 300000 shares of common stock issued and outstanding at december 31 2010. on july 1 2011 an additional

Xz had an installment sales of 1000000 and cost of : xz had an installment sales of 1000000 and cost of installment sales of 700000 in 2010 .a 2010 sale resulted in

On dec 312008 xyz corp had 600000 shares of common stock : on dec 31.2008 xyz corp had 600000 shares of common stock and 300000 shares of 8 noncumulativenonconvertible prreferd

On january 1 2010 metco inc had issued an outstanding : on january 1 2010 metco inc. had issued an outstanding 574600 shares of 2 par value common stock. on march 15 2010

The following information provides the amount of cost : the following information provides the amount of cost incurred in may for the cost items indicated. during may 16000

Sophia sweeny the president of sweeny enterprises is : sophia sweeny the president of sweeny enterprises is considering two investment opportunities. because of limited

Quentin giordano owns a small retail ice cream parlor he is : quentin giordano owns a small retail ice cream parlor. he is considering expanding the business and has identified two

The collins corporation just started business in january of : the collins corporation just started business in january of 2007. they had no beginning inventories. during 2007 they

User Account

All Pages