1. On January 6, 2021, AAU Corporation has 30,000 shares of authorized and issued P20 par value ordinary, of which 2,000 shares are held in the treasury. On this date, the board of directors declared a P4 per share cash dividends payable on March 31, 2021 to shareholders of record on March 1, 2021.
1. On January 6, 2021, AAU Corporation has 30,000 shares of authorized and issued P20 par value ordinary, of which 2,000 shares are held in the treasury. On this date, the board of directors declared a P4 per share cash dividends payable on March 31, 2021 to shareholders of record on March 1, 2021.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 5MC: Kent Corporation was organized on January 1, 2014. On that date, it issued 200,000 shares of 10 par...
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