ACCT 504 help A Guide to career/uophelp.com ACCT 504 help A Guide to career/uophelp.com | Page 74

$45,000
Common stock, $0.60 par, 9,070,000 shares issued
5,442,000
Ontario Manufacturing has paid all preferred dividends through 2011
Requirement
1. Compute the total amounts of dividends to both preferred and
common stockholders for
2014 and 2015 if total dividends are $30,000 in 2014 and $45,000 in
2015.
Begin with 2014. Compute the total amounts of dividends to both
preferred and common stockholders for
2014 if total dividends are $30,000.
E12-16A
Donnahoo Investments specializes in low-risk government bonds.
Identify each of Donnahoo's transactions as operating (O), investing (I),
financing (F), noncash investing and financing (NIF), or a transaction
that is not reported on the statement of cash flows (N). Indicate whether
each item increases (+) or decreases
a. Cash sale of land
b. Issuance of long-term note payable in exchange for cash
c. Depreciation of equipment
d. Purchase of treasury stock
e. Issuance of common stock for cash
f. Increase in accounts payable
g. Net income
h. Payment of cash dividend