hat is the dividend per share on the preferred stock?
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Can you answer dividend per share (b.)
The
Stockholders’ Equity | ||||||
Paid-in capital | ||||||
170,000 shares authorized, 47,000 shares issued and outstanding | $ | 705,000 | ||||
Common stock, $12 stated value, 220,000 shares authorized, 47,000 shares issued and ?? shares outstanding | 564,000 | |||||
Paid-in capital in excess of par—Preferred | 37,000 | |||||
Paid-in capital in excess of stated value—Common | 141,000 | |||||
Total paid-in capital | $ | 1,447,000 | ||||
320,000 | ||||||
(33,000 | ) | |||||
Total stockholders’ equity | $ | 1,734,000 | ||||
Note: The market value per share of the common stock is $26, and the market value per share of the preferred stock is $19.
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What is the dividend per share on the preferred stock?
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- The year end balance sheet of CP, In., include the following stockholders’ equity section (with certain details omitted). Stockholders’ equity: Capital stock: 7% cumulative preferred stock, $100 par value……………. $15,000,000 Common stock, $5 par value, 5,000,000 shares Authorized, 4,000,000 shares issued and outstanding…… 20,000,000 Additional paid in capital: Common stock……………………………………………………………… 44,000,000 Retained earnings………………………………………………………… 64,450,000 Total stockholders’ equity…………………………………………… $143,450,000 From this information, I must compute the answers to the following question. How many shares of preferred have been issued? What is the total amount of the annual dividends to which preferred stockholders are entitled? What was the average issuance price per share common stock?Fuerman Incorporated had the following common stock record during the current calendar year Outstanding, beginning of year Additional shares issued 6/30 2,850,000 230,000 Additional shares issued 9/30 230,000 A 12% stock dividend was paid on December 1. What is the number of shares to be used in computing basic EPS? Multiple Choice 3,320,800 3,022,500 3,449,600 3,385,200Reporting Stockholders' Equity Using the following accounts and balances, prepare the “Stockholders’ Equity” section of the balance sheet. 90,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $30 par $1,890,000 Paid-In Capital from Sale of Treasury Stock 76,000 Paid-In Capital in Excess of Par—Common Stock 252,000 Retained Earnings 850,000 Treasury Stock 38,000 Balance Sheet Stockholders' Equity Paid-in capital: Common Stock, $30 Par (90,000 Shares Authorized, 63,000 Shares Issued) $fill in the blank 2 Excess of Issue Price Over Par fill in the blank 4 Paid-in capital, common stock $fill in the blank 5 From Sale of Treasury Stock fill in the blank 7 Total paid-in capital $fill in the blank 8 Retained Earnings fill in the blank 10 Total $fill in the blank 11 Treasury Stock fill in the blank 13 Total stockholders' equity
- Following is the stockholders' equity section from ABC Company's balance sheet as of Dec 31, Yr 1: STOCKHOLDERS' EQUITY Common stock: $0.45 par value, authorized 600,000 shares; 175,000 shares issued: $78,750 Additional paid-in capital: 532,000 Retained earnings: 79,500 Treasury stock: (180,000) Total stockholder's equity: $510,250 a) At the time the common stock was sold, what was the cost of each common stock sold? b) Compute the average price at which ABC Company issued its common stock shares: c) Compute the number of common stock shares outstanding as of Dec 31, Yr 1.Reporting Stockholders' Equity Using the following accounts and balances, prepare the “Stockholders’ Equity” section of the balance sheet. 30,000 shares of common stock authorized, and 1,000 shares have been reacquired. Common Stock, $60 par $1,080,000 Paid-In Capital from Sale of Treasury Stock 43,000 Paid-In Capital in Excess of Par—Common Stock 378,000 Retained Earnings 594,000 Treasury Stock 22,000 Balance Sheet Stockholders' Equity Paid-in capital: $ Paid-in capital, common stock $ Total paid-in capital $ Total $ Total stockholders' equity $Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for OMR 11.50 per share. Common stock, OMR 5 par, 100,000 shares authorized, 40,000 shares issued OMR 200,000 Paid in capital in excess of par—common 120,000 Retained earnings 290,000 Total stockholders' equity OMR 610,000 If the company declared and issued 10% stock dividend? What will the number of issued shares Select one: a. 20,000 shares b. 44,000 shares c. 40,000 shares d. 4,000 shares
- The stockholders' equity section of Cullumber Company's balance sheet at December 31 is presented here. Cullumber Company Balance Sheet(Partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 8,000 shares authorized, 4,000 shares issued and outstanding $320,000 Common stock, no par, 700,000 shares authorized, 500,000 shares issued 2,500,000 Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (6,000 common shares) Total stockholders' equity 2,820,000 1,858,000 4,678,000 31,200 $4,646,800 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? shares (b) Assuming there is a stated value, what is the stated value of the common stock? $ per share (c) What is the par value of the preferred stock? 6A $ per share (d) If the annual dividend on preferred stock is $16,000, what is the dividend rate on preferred stock? % (e) If dividends of…The year end balance sheet of CP, In., include the following stockholders’ equity section (with certain details omitted). Stockholders’ equity: Capital stock: 7% cumulative preferred stock, $100 par value……………. $15,000,000 Common stock, $5 par value, 5,000,000 shares Authorized, 4,000,000 shares issued and outstanding…… 20,000,000 Additional paid in capital: Common stock……………………………………………………………… 44,000,000 Retained earnings………………………………………………………… 64,450,000 Total stockholders’ equity…………………………………………… $143,450,000 From this information, I must compute the answers to the following question. 1. What is the amount of legal capital and the amount of total paid-in capital? 2. What is the book value per share of common stock, assuming no dividends in arrears? 3. Is it possible to determine the fair market value per share of common stock from the stock-holders' equity section? ExplainSabas Company has issued and outstanding 49,000 shares of $100 par, 8% preferred stock and 101,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 $467,000 474,000 543,000 Year 3 Determine the dividend per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividend per share: Year 1 Year 2 Year 3 Preferred stock Common stock $ $ $ $ $
- The stockholders’ equity section of the balance sheet for Mann Equipment Co. at December 31, Year 1, is as follows: Stockholders’ Equity Paid-in capital Preferred stock, ? par value, 5% cumulative,260,000 shares authorized, 56,000 shares issued and outstanding $ 672,000 Common stock, $20 stated value, 310,000 sharesauthorized, 56,000 shares issued and outstanding 1,120,000 Paid-in capital in excess of par—Preferred 46,000 Paid-in capital in excess of stated value—Common 196,000 Total paid-in capital 2,034,000 Retained earnings 410,000 Total stockholders’ equity $ 2,444,000 Note: The market value per share of the common stock is $42, and the market value per share of the preferred stock is $28. Required What is the par value per share of the preferred stock? What is the dividend per share on the preferred stock? What is the number of common stock shares…Reporting Stockholders' Equity Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. 80,000 shares of common stock authorized, and 10,000 shares have s have Common Stock, $70 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock Stockholders' Equity Pald-in capital: Paid-in capital, common stock From Sale of Treasury Steck Common Steck, 70 Par (00,000 Shares Authorized 56.000 Shares Issued) Excess of Issue Price Over Par Total paid-in capital Betained Camings $3,920,000 78,000 1,512,000 2,195,000 44,000 Total Treasury Steck Total stockholders' equity Balance Sheet 1920.000 70.000 X 2.195.000 44.000 been been reacquired.