Question: How do I determine what the cash dividends delcared is? Kohler Corporation reports the following components of stockholders' equity on December 31, 2015 Common stock-$25


How do I determine what the cash dividends delcared is?
Kohler Corporation reports the following components of stockholders' equity on December 31, 2015 Common stock-$25 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $1,000,000 70,000 460,000 Total stockholders' equity $1,530,000 In year 2016, the following transactions affected its stockholders' equity accounts. Purchased 4,500 shares of its own stock at $20 cash per share Directors declared a $6 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record. Paid the dividend declared on January Sold 1,688 of its treasury shares at $24 cash per share Sold 2,812 of its treasury shares at $17 cash per share Directors declared a $6 per share cash dividend payable on October 28 to the September 25 stockholders of record. Paid the dividend declared on September 5 Closed the $388,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Jan. Jan. 1 5 5. Feb. 28 July 6 Aug. 22 Sept. 5 Oct. 28 Dec. 31
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