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March 30, 2017

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2 part of Accounting Homework


Mar. 5 Declared a $.40 per share cash dividend to be paid on April 6 to stockholders of record on March 20.

Mar 20 Date of record

Apri. 6 Paid the cash dividend

June 17 Declared a 10% stock dividend to be distributed August 17 to stockholders of record on August 5.
The market value of the stock was $14 per share.

Aug. 5 Date of Record
17 Distributed the stock dividend

Oct. 2 Split its stock 2 for 1

Dec. 27 Declared a cash dividend of $.20 payable January 27, 2009, to stock holders or record on January 14, 2009

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