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5. On January 5, 20X9, Sardi Minerald Corp. declared a cash dividend of $600,000 to stockholders of record on January 21, 20X
On February 1, Hyde Corp., a newly formed company, had the following stock issued and outstanding: Common stock, no par, $1 s
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5) Option B liquidating dividend is which is not earned so $600000-$425000

6) Increase or decrease in share price in market price will not amount to change so option D

7)255000/15 is 17000 shares add newly added 1000 shares so preferred stock 18000

Common stock 300000/5 so 60000

So option B

8) Option D

Common stock is issued at premium of $14

And preferred share is issued at premium of $ 15

9)Option B

Par value or market value whichever lower is considered

10) Option A

Split of shares would not affect share capital so will remain as $10 market value doesn't play any role here

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