On January 1st, Admiral Nelson Company had 300,000 shares of common stock issued andoutstanding.  Admiral issued a 10% stock dividend on June 30th.  On September 30th, 12,000 shares ofcommon stock were reacquired as treasury stock. What is the appropriate number of shares to be usedin calculating basic earnings per share for the year?

A company had stock outstanding as follows during each of its first three years of operations: 2,000 shares of 8%, $100 par, cumulative preferred stock and 49,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. If necessary, round dividends per share to the nearest cent. If your answer is zero, please enter "0".       Preferred Common Year Dividends Total Per Share Total Per Share 1 $12,000   $fill in the blank 1   $fill in the blank 2   $fill in the blank 3   $fill in the blank 4   2 16,000   fill in the blank 5   fill in the blank 6   fill in the blank 7   fill in the blank 8   3 42,590   fill in the blank 9   fill in the blank 10   fill in the blank 11   fill in the blank 12

A company had stock outstanding as follows during each of its first three years of operations: 3,000 shares of 8%, $100 par, cumulative preferred stock and 51,000 shares of $10 par common stock. The amounts distributed as dividends follow. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round dividends per share to the nearest cent. If your answer is zero, please enter "0". Year 1 2 3 Dividends $18,000 24,000 54,450 $ $ Total Preferred Per Share Total Common Per Share

Langley Corporation has 57,000 shares of $11 par value common stock outstanding. It declares a 15% stock dividend on December 1 when the market price per share is $16. The dividend shares are issued on December 31.Prepare the entries for the declaration and issuance of the stock dividend.