Year 20Y1 2012 2013 2014 2015 2016 Dividends $ 24,000 48,000 108,000 132,000 168,000 210,000 Total 0000 Per Share Total 000000 Per Share 2. Determine the average annual dividend per share for each class of stock for the six-year period. If required, round your answers to two decimal places Average annual dividend for preferred per share per share Average annual dividend for common 3. Assuming a market price per share of $98 for the preferred stock and $24 for the common stock, determine the average annual percentage return on inits dividend per share (a) for preferred stock and (b) for common stock.
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- Sunbird Theatre Inc. owns and operates movies theaters throughout Florida and Georgia. Sunbird Theatre Inc. has declared the following annual dividends over a six-year period: 2011, $20,000; 2012, $36,000; 2013, $70,000; 2014, $90,000; 2015, $100,000 and 2016, $150,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 100,000 shares of cumulative, preferred 1% stock, $30 par, and 400,000 shares of common stock, $20 par. Instructions 1. Calculate the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears on January 1, 2011. Summarize the data in tabular form, presented in the Excel template. 2. Calculate the average annual dividend per share for each class of stock for the six-year period. 3. Assuming a market price per share of $37.50 for the preferred stock and $30.00 for the common stock, calculate the average annual percentage return on…Sunbird Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Sunbird Theatre Inc. has declared the following annual dividends over a six-year period: 2011, $20,000; 2012, $36,000; 2013, $70,000; 2014, $90,000; 2015, $100,000 and 2016, $150,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 100,000 shares of cumulative, preferred 1% stock, $30 par, and 400,000 shares of common stock, $20 par.Partridge Theatre Inc. owns and operates movie theaters throughout Texas and Oklahoma. Partridge Theatre Inc. has declared the following annual dividends over a six-year period: 2009, $9,000; 2010, $20,000; 2011, $40,000; 2012, $60,000; 2013, $75,000; and 2014, $114,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 20,000 shares of cumulative, preferred 1% stock, $75 par, and 100,000 shares of common stock, $5 par. Required: 1. Calculate the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears on January 1, 2009. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0". Use number format 1,000.00 for your answers.
- During 2018, Baird Corporation reported after-tax net income of $3,620,000. During the year, the number of shares of stock outstanding remained constant at 9,780 of $100 par, 10 percent preferred stock and 398,000 shares of common stock. The company’s total stockholders’ equity is $19,600,000 at December 31, 2018. Baird Corporation’s common stock was selling at $52 per share at the end of its fiscal year. All dividends for the year have been paid, including $5.00 per share to common stockholders. Required Compute the earnings per share. (Round your answer to 2 decimal places.) Compute the book value per share of common stock. (Round your answer to 2 decimal places.) Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) Compute the dividend yield. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).)Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $16,000; Year 2, $48,000; Year 3, $72,000; Year 4, $88,000; Year 5, $112,000; and Year 6, $140,000. During the entire period ending December 31 of each year, the outstanding stock of the company was composed of 20,000 shares of cumulative, 2% preferred stock, $100 par, and 100,000 shares of common stock, $25 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Year TotalDividends Total Per Share Total Per Share Year 1 $ 16,000 $ $ $ $ Year 2 48,000…Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: 20Y1, $48,000; 20Y2, $96,000; 20Y3, $216,000; 2014, $276,000; 20Y5, $336,000; and 20Y6, $432,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 30,000 shares of cumulative, preferred 4 % stock, $100 par, and 100,000 shares of common stock, $20 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of 20Y1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0". Year 20Y1 2012 2013 20Y4 20Y5 20Y6 Total Dividends $ 48,000 96,000 216,000 276,000 336,000 432,000 Preferred Dividends Total 48,000 ✓ 96,000 ✓ 216,000 ✓ Per Share 1.6 ✔ 3.2 7.2 Common…
- Superior has provided the following information for its recent year of operation: The common stock account balance at the beginning of the year was $17,000 and the year-end balance was $18,500. The additional paid-in capital account balance increased $4,200 during the year. The retained earnings balance at the beginning of the year was $95,000 and the year-end balance was $96,000. Net income was $43,000. How much did Superior sell its common stock for during the year?Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $32,000; Year 2, $96,000; Year 3, $152,000; Year 4, $176,000; Year 5, $224,000; and Year 6, $280,000. During the entire period ending December 31 of each year, the outstanding stock of the company was composed of 40,000 shares of cumulative, 2% preferred stock, $100 par, and 100,000 shares of common stock, $25 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0".Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $24,000; Year 2, $48,000; Year 3, $114,000; Year 4, $138,000; Year 5, $168,000; and Year 6, $216,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 20,000 shares of cumulative preferred 3% stock, $100 par, and 100,000 shares of common stock, $15 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Year TotalDividends Total Per Share Total Per Share Year 1 $ 24,000 $fill in the blank 1 $fill in the blank 2…
- Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $24,000; Year 2, $48,000; Year 3, $114,000; Year 4, $138,000; Year 5, $168,000; and Year 6, $216,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 20,000 shares of cumulative preferred 3% stock, $100 par, and 100,000 shares of common stock, $15 par. Determine the average annual dividend per share for each class of stock for the six-year period. If required, round your answers to two decimal places. Average annual dividend for preferred $ per share Average annual dividend for common $ per share Assuming a market price per share of $208 for the preferred stock and $19 for the common stock, determine the average annual percentage return on initial shareholders' investment, based on the average annual dividend per share for preferred stock and…Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $80,000; Year 2, $90,000; Year 3, $150,000; Year 4, $150,000; Year 5, $160,000; and Year 6, $180,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 250,000 shares of cumulative, preferred 2% stock, $20 par, and 500,000 shares of common stock, $15 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Year TotalDividends Total Per Share Total Per Share Year 1 $ 80,000 $fill in the blank 1 $fill in the blank…Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $80,000; Year 2, $90,000; Year 3, $150,000; Year 4, $150,000; Year 5, $160,000; and Year 6, $180,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 250,000 shares of cumulative, preferred 2% stock, $20 par, and 500,000 shares of common stock, $15 par. Required: 1. Determine the total dividends and the per-share dividends declared each class of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Total Dividends $80,000 90,000 150,000 150,000 160,000 Preferred stock Common stock 180,000…