CarolWatts_AC116_TEXTBOOK_EXERCISES_UNIT_6

CarolWatts_AC116_TEXTBOOK_EXERCISES_UNIT_6 - Name: Carol...

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Problem 13-1A Name: Carol Watts Section: 13AU Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount. 1. Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share 2005 $5,000 $1,000,000 $100.00 $25,000 $0.00 ### 2006 18,000 1,800,000 100.00 25,000 0.00 ### 2007 45,000 4,500,000 100.00 25,000 0.32 ### 2008 45,000 4,500,000 100.00 25,000 1.00 ### 2009 60,000 6,000,000 100.00 25,000 ### 2010 67,000 6,700,000 100.00 25,000 ### ### ### 2. Average annual dividend for preferred: Average annual dividend for common: 3. a. Return on initial investment, preferred: b. Return on initial investment, common:
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Problem 13-2A
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Unformatted text preview: Name: Carol Watts Section: 13AU Enter the appropriate amount or account in the shaded cells. An asterisk (*) will appear next to an incorrect amount in the outlined cells. JOURNAL Date Description Debit Credit Jan. 10 Cash ### 2,000,000 ### ### Mortgage Note Payable ### ### 2,000,000 ### ### ### ### 21 Cash ### 1,267,500 ### ### Preferred Stock ### ### 1,200,000 ### Paid-in Capital in Excess of Par - Preferred Stock ### ### 67,500 ### ### ### ### Dec. 30 Building ### 1,850,000 ### ### Land ### 162,500 ### ### Common Stock ### ### 1,750,000 ### Paid-in Capital in Excess of Par - Common Stock ### ### 262,500 ### ###...
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This note was uploaded on 07/21/2010 for the course ACC 116 taught by Professor Harris during the Winter '09 term at Kaplan University.

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CarolWatts_AC116_TEXTBOOK_EXERCISES_UNIT_6 - Name: Carol...

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