Question 5 1 p On September 1, 2014. Clownfish Corporation declared and issued a 15...
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Question 5 1 p On September 1, 2014. Clownfish Corporation declared and issued a 15 percent common stock dividend. Prior to this date, Clownfish had 25,000 shares of $2 par value common stock that were both issued and outstanding. The market value of Clownfish' stock was $20 per share at th time the dividend was issued. As a result of this stock dividend, Clownfish' total stockholders equity decreased by $75,000 decreased by $7,500 increased by $75.000 did not change Question 6 1 pts The following data are extracted from the stockholders' equity section of the balance sheet of Halas Co. on December 31, 2020. Comme $25 share MacBook Air On September 1, 2014, Clownfish Corporation declared and issued a 15 percent common stock dividend. Prior to this date, Clownfish had 25,000 shares of $2 par value common stock that were both issued and outstanding. The market value of Clownfish' stock was $20 per share at the time the dividend was issued. As a result of this stock dividend, Clownfish' total stockholders' equity decreased by $75,000. O decreased by $7,500. increased by $75,000. O did not change. The following data are extracted from the stockholders' equity section of the balance sheet of Halas Co. on December 31, 2020. Common stock, par value $2 - 50,000 shares authorized $ 8,000 Paid-in capital in excess of par 52,000 Retained earnings 220,000 Treasury stock at a cost of $12 per share (6,000) Total stockholder's equity $424,000 Based on the information provided, what are the number of shares issued, unissued, and outstanding? Shares issued 4,000; Shares unissued 46,000; Shares outstanding 3,500 Shares issued 8,000; Shares unissued 42,000; Shares outstanding 8.500 Shares issued 4,000; Shares unissued 46,000: Shares outstanding 4,500 Shares issued 8,000: Shares unissued 42,000: Shares outstanding 7,500



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