The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were originally issued and 10,000 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared? a.$100,000 b.$120,000 c.$20,000 d.$60,000

A company has the following Capital Structure: Ordinary $10 shares authorized: 1,000,000, of which 800,000 are issued. 100,000 $20 Preference shares issued and $5,000,000 Bonds at 5% interest The directors propose a 50 cent dividend on ordinary shares. A 80 cent dividend is due on the preference shares What is the total equity of the company? $17,000,000 $12,000,000 $7,000,000 $15,000,000

The charter of a corporation provides for the issuance of 136,000 shares of common stock. Assume that 66,000 shares were originally issued and 10,900 were subsequently reacquired. What is the number of shares outstanding? a.66,000 b.136,000 c.10,900 d.55,100

Super Co is a corporation with common stock. They have an investor who paid $1,000 for 500 of their $1 par stock. How would this be reflected in the equity section of the balance sheet? O Increase of Common Stock for $1,000 Increase of Common Stock for $500 and Additional Paid in Capital for $500 O O Increase of Common Stock for $500 Increase of Additional Paid in Capital for $1,000 O