Question: gnment/hakeAssignmentMain.do eBook Calculator Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Split the common stock 2 for
gnment/hakeAssignmentMain.do eBook Calculator Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 150,000 common shares outstanding. Declared semiannual dividends of $0.75 on 18,000 shares of preferred stock and $0.28 on the common stock payable on July 1 Jan. 8 Apr. 30 Jul. 1 Paid the cash dividends. Declared semiannual dividends of $0.75 on the preferred stock and $0.14 on the common stock (before the stock dividend). In addition, a 5% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $52 Paid the cash dividends and issued the certificates for the common stock Oct. 31 Dec. 31 Check My Work 1 more Check My Work uses remaining
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