Weaver corporation had the following stock issued and outstanding at january 1, year 1:
1. 52,000 shares of s14 par common stock.
2. 4,500 shares of $80 par, 6 percent, noncumulative preferred stock.
on june 10, weaver corporation declared the annual cash dividend on its 4,500 shares of preferred stock and a s4 per share dividend for the common shareholders. the dividends will be paid on july 1 to the shareholders of record on june 20.
required:
a. determine the total amount of dividends to be paid to the preferred shareholders and common shareholders.
b. prepare general journal entries to record the declaration and payment of the cash dividends. (if no entry is requlred fora transaction/event, select "no journal entry required" in the first account field.)

If you would like to ask a question you will have to spend some points

What is the purpose of the us international trade association?

R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u. s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.