Question: 1- Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $55,400 on a corporation's common stock are

1- Entries for Cash Dividends

The declaration, record, and payment dates in connection with a cash dividend of $55,400 on a corporation's common stock are January 12, March 13, and April 12.

If no entry is required, select "No Entry Required" and leave the amount boxes blank.

Jan. 12

CashCash DividendsCash Dividends PayableCommon StockNo Entry Required

- Select -

CashCash DividendsCash Dividends PayableCommon StockNo Entry Required

- Select -
Mar. 13

CashCash DividendsCash Dividends PayableCommon StockNo Entry Required

- Select -

CashCash DividendsCash Dividends PayableCommon StockNo Entry Required

- Select -
Apr. 12

CashCash DividendsCash Dividends PayableCommon StockNo Entry Required

- Select -

CashCash DividendsCash Dividends PayableCommon StockNo Entry Required

- Select -

2-Effect of Stock Split

Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Grill Restaurant Corporation, which had 50,000 shares of common stock outstanding, declared a 3-for-1 stock split.

a. What will be the number of shares outstanding after the split? fill in the blank 1 shares

b. If the common stock had a market price of $210 per share before the stock split, what would be an approximate market price per share after the split? $fill in the blank 2 per share

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