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Business, 15.04.2020 21:16 akeelahbolton4
As of December 31, 2021, Warner Corporation reported the following: Cash dividends payable $ 20,000 Treasury stock 600,000 Paid-in capital—share repurchase 20,000 Common stock and other paid-in capital accounts 4,000,000 Retained earnings 3,000,000 During 2022, half of the treasury stock was resold for $240,000; net income was $600,000; cash dividends declared were $1,500,000; and stock dividends declared were $500,000. The 2022 sale of half of the treasury stock would:
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As of December 31, 2021, Warner Corporation reported the following: Cash dividends payable $ 20,000...
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