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.

Construct an example of the cycle of​ money, identify all the players involved and identify their individual benefits from participating in the cycle of money. in the examples of the cycle of money shown​ below, identify all the players involved and identify their individual benefits from participating in the cycle of money. example​ one: ​(select from the​ drop-down menus.) ▾ opens a savings account ▾ with the borrower with the original lender at a local commercial bank with a​ $200 deposit. the ▾ original lender bank borrower loans out the​ $200 with other funds from other savings accounts to ▾ the original lender a local businessman who is expanding his business. the local businessman pays back the loan over time with interest and the bank credits the savings account with interest. the individual withdraws money from the savings account to buy a new bike.