An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
1st 2nd 3rd 4th
Year Year Year Year
a. Total dividend declared
Preferred dividend (current)
Preferred dividend in arrears
b.
Total preferred dividends
Preferred shares outstanding ÷
Preferred dividend per share
Dividend for common shares (a. − b.)
Common shares outstanding ÷
Common dividend per share
TRIPLE Z INC.
Distribution of Dividends
Years 1−4
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Instructions
Cells with non-gray backgrounds are protected and cannot be edited.
0%
[Key code here]
Exercise 13-1
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
1st 2nd 3rd 4th
Year Year Year Year
a. Total dividend declared 27,000$ 60,000$ 80,000$ 90,000$
Preferred dividend (current) 27,000$ 36,000$ 36,000$ 36,000$
Preferred dividend in arrears – 9,000 – –
Distribution of Dividends
Years 1−4
Key Code:
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
ON
TRIPLE Z INC.
Exercise 13-1
Name:
Solution
Section:
An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
Common Pd.-In Cap.
Stock in Excess Treasury Retained
$40 par of Par Stock Earnings Total
Balance, Jan. 1, 2016
Issued 30,000 shares of common stock
Purchased 12,000 shares as treasury stock
Net income
Dividends
Balance, Dec. 31, 2016
Statement of Stockholders’ Equity
For the Year Ended December 31, 2016
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Instructions
Cells with non-gray backgrounds are protected and cannot be edited.
I-CARDS, INC.
0%
[Key code here]
Exercise 13-19
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
Common Pd.-In Cap.
Stock in Excess Treasury Retained
$40 par of Par Stock Earnings Total
Balance, Jan. 1, 2016 4,800,000$ 960,000$ –$ 11,375,000$ 17,135,000$
Issued 30,000 shares of common stock 1,200,000 300,000 – – 1,500,000
Statement of Stockholders’ Equity
Key Code:
Cells with non-gray backgrounds are protected and cannot be edited.
I-CARDS, INC.
For the Year Ended December 31, 2016
Exercise 13-19
Name:
Solution
Section:
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
ON