Jan. 5 declared a $0.50 per share cash dividend, date of record january 10. mar. 20 purchased treasury stock for cash. apr. 5 declared a $0.50 per share cash dividend, date of record april 10. july 5 declared a $0.50 per share cash dividend, date of record july 10. july 31 declared a 20% stock dividend when the stock’s market value was $12 per share. aug. 14 issued the stock dividend that was declared on july 31. oct. 5 declared a $0.50 per share cash dividend, date of record october 10. what is the amount of the capitalization of retained earnings for the stock dividend?

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

all of them make sense but, i would have to say ask someone who has been there/or lives there, and/or read recent newspapers from that city.

hope this !

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.