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    jewlz456's Avatar
    jewlz456 Posts: 1, Reputation: 1
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    #1

    Sep 12, 2007, 04:18 PM
    Par value/common stock
    Sold 20,000 shares of common stock for $25 a share. The stock has a $1 par value. One hundred thousand shares have been authorized for sale.

    how would I do this problem and put it on the owner's equity part of a spread sheet? It just doesn't make sense
    valsmith27's Avatar
    valsmith27 Posts: 1, Reputation: 1
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    #2

    Sep 12, 2007, 11:16 PM
    CompuLead Inc. a software firm, has stock outstanding as follows:40,000 shares of 1%, preferred stock of $25 and 50,000 shares of $75 par common. During its first four years of operation, the following amounts were distributed as dividends: first year, $6,000; second year, $26,000; third year, $4,000; fourth year, $60,000. How can I clculate the dividens pes share on each clss of stock for each of the four years?
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