Reference no: EM133172338
Question - Part I - Discuss the following terms:
1. Cash Dividend versus Stock Dividend?
2. What are the important dates for the issuance of Dividends?
3. What are preferred shares and why are they preferred?
4. As an investor would you rather own common share or preferred shares?
5. What is a stock split and what is the financial benefits to an investor in a stock split?
Part II - Prepare the following Journal Entries for the following:
a. A $5.00 per share stock dividend was issued to 10,000 outstanding shares.
b. A $2.00 cash dividend was issued to 10,000 outstanding shares.
c. There was a 2 for 1 stock split on 10,000 shares worth $20 each share.