The following information was extracted from the records of Cascade Company at the end of the fiscal year after all adjusting entries were completed: Common stock ($0.01 par value; 290,000 shares authorized, 58,500 shares issued, 56,500 shares outstanding) $585
Additional paid-in capital 465,000
Dividends declared and paid during the year 26,500
Retained earnings at the end of the year 321,000
Treasury stock at cost (2,000 shares) (19,500 )

Net income for the year was $99,500. The stock price is currently $10 per share.

Required:
a. Prepare the stockholders’ equity section of the balance sheet at the end of the fiscal year. (in balance sheet form)
b. Compute the dividend yield ratio. Determine the number of shares of stock that received dividends.

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u. s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.