Question: Question 15 (4 points) A dividend which is a return to stockholders of a portion of their original investments is a a) liability dividend b)

Question 15 (4 points) A dividend which is a return to stockholders of a portion of their original investments is a a) liability dividend b) liquidating dividend c) participating dividend d) property dividend Question 16 (4 points) 1. A company issues S20,000,000, 7.8% 20 year bonds to yield 8% on January 1, 2017. Interest is paid on June 30 and December 31. The proceeds from the bonds are $19,604,145. Using effective-interest amortization, how much interest expense will be recognized in 2017? a) 1,560,000 b) $1,568,498 c) $780,000 Question 8 (4 points) Sosa Co.'s stockholders' equity at January 1, 2021 is as follows: Common stock, $10 par value; authorized 300,000 shares; Outstanding 225,000 shares $2,250,000 Paid-in capital in excess of par 800,000 Retained earnings 2.190.000 Total $5.240.000 During 2021, Sosa had the following stock transactions: Acquired 6,000 shares of its stock for $270,000. Sold 3,600 treasury shares at $50 a share. Sold the remaining treasury shares at S41 per share. No other stock transactions occurred during 2021. Assuming Sosa uses the cost method to record treasury stock transactions, the total amount of all additional paid-in capital accounts at December 31, 2021 is a) 8770,000 b) $808,400 Oc) 827,600 d) $791,600
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