vidends Per Share eventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 00,000 shares of $25 par common. uring its first four years of operations, the following amounts were distributed as dividends: first year, $32,000; second year, $74,000; third year, 00,000; fourth year, $110,000. etermine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in ven year, enter "0.00". 1st Year 2nd Year 3rd Year 4th Year referred stock (dividends per share) $ ommon stock (dividends per share)
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- gageNOWv2 | Online teach X C Get Homework Help With Chec C Rodgers Corporation Produces X b Answered: Rodgers Corporatio X com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false E Calculator A company had stock outstanding as follows during each of its first three years of operations: 1,000 shares of 10%, $100 par, cumulative preferred stock and 56,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round dividends per share to the nearest cent. Enter "0" if no dividends are paid. Preferred Common Year Dividends Total Per Share Total Per Share $7,500 10,000 $4 40,680engageNOWv2 | Online teachir x E Login .com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre. A eBook Show Me How Dividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Υ1 $112,500 20Υ2 37,500 20Υ3 225,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. Preferred Stock Common Stock (dividends per share) (dividends per share) 20Υ1 20Υ2 20Υ3 Previous Next Check My Work 8:35 A 12/3/2CengageNOWv2 | Online teachin x 3 Login w.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre. * I eBook Show Me How Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 405,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $32,000; second year, $76,000; third year, $90,000; fourth year, $110,000. Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0.00". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) Common stock (dividends per share) Previous Nex Check My Work
- ENOWV2 | Online teachin x + eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false heBook Calculator Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 3% stock, $20 par, and 38,000 shares of $100 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $6,900; second year, $11,400; third year, $68,380; fourth year, $128,960. Calculate the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, leave it blank. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) 24 Common stock (dividend per share) Check My Work ( Previous Next 4:14 PM 10/16/2020 2000 ALTEL 12 delete fo 4- f10 4+ prt sc insert トト e backspace 4. 6 7 8 9 Y UHomepage - Minnesota State Un x * My Home CengageNOWv2 | Online teachin x /ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress%3false eBook Calculator Brief Exercise 10-49 Stock Dividend Augusta Corporation reported the following information: 35,000 shares of $3 par value common stock authorized, 30,000 shares common stock issued, 10,000 shares treasury stock. Required: 1. What is the appropriate journal entry to record a 5% stock dividend if the market price of the common stock is $40 per share when the dividend is declared? Retained Earnings / х Common Stock / х Additional Paid-In Capital-Common Stock v Feedback Check My Work 2. What is the appropriate journal entry to record a 30% stock dividend if the market price of the common stock is $40 per share when the dividend is declared? Retained Earnings / Common Stock 4:09 PM е н 4/9/2020 DELL Home End Delete PrtScr Insert F10 F11 F12 F8 F9 F4 F5 F6 F3 & Backspace { E т H. Σ 00 00 く0 00 D.ageNOWv2 | Online teach x B Vincent Corporation has 92,00 x akeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress%3false Update : Wonder Sales is authorized to issue 100,000 shares of 2%, $100 par preferred stock and 1,000,000 shares of $10 par common stock. Journalize the following transactions. a. On January 2, Wonder Sales issues 5,000 shares of preferred stock for $110 per share and 65,000 shares of common stock at $10 per share. If an amount box does not require an entry, leave it blank. Jan. 2 b. On January 25, Wonder Sales issued 250 shares of preferred stock to a Morton Law Firm for settlement of a $36,000 invoice for incorporation services. If an amount box does not require an entry, leave it blank. Jan. 25 C. On January 31, Wonder Sales issues 500 shares of common stock to Setup Inc. for fixtures that have a fair market value of $8,500. If an amount box does not require an entry, leave it blank. Jan. 31
- CengageNOWv2 | Online teachir x CengageNOWv2 | Online teachin x+ .com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre. * A eBook Show Me How Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $596,500 Preferred dividends $34,000 Shares of common stock outstanding 75,000 Market price per share of common stock $81.75 a. Determine the company's earnings per share on common stock, Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. b. Determine the company's price-earnings ratio. Round to one decimal place. Previous Next Check My Work 11:17A 67°F Sunny a ĝ E D 4 4) 12/3/20 prt sc delete homie 12 T0 144 no 4AA backspacR ock &engageNOWv2 | Online teachin x * CengageNOWv2 | Online teachir x + Lcom/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre.. Common Stockholders' Profitability Analysis A company reports the following: Net income $130,000 Preferred dividends 5,200 Average stockholders' equity 1,150,442 Average common stockholders' equity 583,178 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your answers to one decimal place a. Return on Stockholders' Equity % b. Return on Common Stockholders' Equity % Previous Next Check My Work Email Instructor Save and Exit Submit Assignment for Grading All work saved. 12:02 PM (? 69°F Sunny A O E O a ) 12/3/2021 prt sc delete home no 1l 40 backspacO lock &Sign In Topic: Practice Quiz... E17 1 2 3 5 2 100% 4 5 6 7 8 9 10 11 12 13 14 Untitled spreadsheet File Edit View Insert Format Data Tools Extensions Help 15 1/ Y - fx A B ▼ $ % C .0 .00 123 D Defaul... Y E - Journalize the transactions 10 + F Jan. 3 Issued 15,000 shares of common stock at $23 per share for cash. Mar. 15 Issued 2,000 shares of preferred stock at $56 for cash. BI A G 4. 88 53 H 41 E EPA- J A corporation was organized on January 1 of the current year, with authorization of 20,000 shares of 4%, $12 par preferred stock, and 100,000 shares of $3 par common stock. The following selected transactions were completed during the first year of operations: ; Feb. 24 Issued 20,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $65,000, $120,000, and $45,000 respectively. 31 Issued 200 shares of common stock to an attorney in payment of legal fees for organizing the corporation. The value of the stock at the time of payment was $25…
- engageNOWv2|Online teachir X ☆ 区 Paused /takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator%3&inprogress%=false E Calculator E Print Item EllaJane Corporation was organized several years ago and was authorized to issue 4,000,000 shares of S50 par value 6% preferred stock. It is also authorized to issue 1,750,000 shares of $1 par value common stock. In its fifth year, the corporation has the following transactions: Mar. 1 Purchased 2,500 shares of its own common stock at $18 per share. Apr. 10 Reissued 1,250 shares of its common stock held in the treasury for $22 per share. Jun. 12 Reissued 1,250 shares of common stock at $16 per share. Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Mar. 1 Treasury Stock 45,000 V Cash Apr. 10 Cash v 27,500 V Treasury Stock / Additional Paid-in Capital from Treasury Stock Jun. 12 Cash / 20,000 Additional Paid-in Capital from Treasury Stock Treasury Stock / Y…☆国 マ*Pau engageNOWv2 | Online teachin X /takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator%3D&inprogress%-false Calculator Print Item Copper Corporation was organized in May. It is authorized to issue 50,000,000 shares of $200 par value 8% preferred stock. It is also authorized to issue 75,000,000 shares of $5 par value common stock. In its first year, the corporation has the following transactions: May 1 Issued 2,500 shares of preferred stock for cash at $350 per share. May 23 Issued 5,000 shares of common stock at $15.50 per share. Jun. 10 Issued 15,000 shares of common stock for equipment without a readily determinable value. The stock is currently trading at $15 per share. Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Cash v May 1 875,000 Preferred Stock v Additional Paid-in Capital from Preferred Stock May 23 Cash 77,500 Common Stock 25,000 Additional Paid-in Capital from Common Stock…story < Bookmarks 0 C Dashboard eBook 20Y1 2012 20Y3 Window Help 20Y1 2012 2013 v2.cengagenow.com Show Me How Preferred Stock (dividends per share) $100,000 40,000 150,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. D C Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends: Common Stock (dividends per share) Check My Work 10 more Check My Work uses remaining. * 98 . Tue Apr 25 5:15 PM C CengageNOWv2 | Online teaching and learning resource from Cengage Learning +0 Next