Ask a New Question

Hamilton Company owns 51,600 of Hennie Company's 120,000 outstanding shares of common stock. Hennie Company pays $33,000 in total cash dividends to its shareholders. Hamilton's entry to record this transaction should include a:

1 answer

(51,600/120,000)x33000=14190

Ask a New Question or answer this question.

Similar Questions

A woman owns stock in two companies, company A and company B. She owns 79 shares of stock in company A. Each share of stock in
1. 1 answer
A company declared a dividend of $2,200,000. The company has 55,000 shares ofcommon stock outstanding. What are the dividends
1. 2 answers
PA11-4 Comparing Stock and Cash Dividends [LO2, LO3, LO4]Ritz Company had the following stock outstanding and Retained earnings
1. 1 answer
PA11-4 Comparing Stock and Cash Dividends [LO2, LO3, LO4]Ritz Company had the following stock outstanding and Retained earnings
1. 2 answers

more similar questions