he board of directors of a human resources outsourcing company has declared a dividend of $3,000,000. The company has 900,000 shares of preferred stock that pay $0.60 per share and 1,800,000 shares of common stock. (a) What are the dividends (in $) due the preferred shareholders? $ (b) What is the dividend per share (in $) of common stock? (Round your answer to the nearest cent.) $

he board of directors of a human resources outsourcing company has declared a dividend of $3,000,000. The company has 900,000 shares of preferred stock that pay $0.60 per share and 1,800,000 shares of common stock. (a) What are the dividends (in $) due the preferred shareholders? $ (b) What is the dividend per share (in $) of common stock? (Round your answer to the nearest cent.) $

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
The board of directors of a human resources outsourcing company has declared a dividend of $2,000,000. The company has 600,000 shares of preferred stock that pay $0.90 per share and 1,700,000 shares of common stock. (a) What are the dividends (in $) due the preferred shareholders? $ (b)What is the dividend per share (in $) of common stock? (Round your answer to the nearest cent.) $
The board of directors of Mountain Hotels has declared a dividend of $1,700,000. The company has 100,000 shares of preferred stock that pay $1.30 per share and 1,350,000 shares of common stock. After first finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock (in $). (Round your answer to the nearest cent.) 2$
A corporation purchases 31,000 shares of its own $10 par common stock for $39 per share, recording it at cost. What will be the effect on total stockholders' equity? (Round your answer to the nearest whole number - zero decimal places; if this event causes a decrease in stockholder's equity, enter the amount as a negative number, if this transaction causes increase in stockholder's equity, enter the answer as a positive number.) Your Answer: Answer
A company has just paid an ordinary share dividend of 32 cents and expected to pay a dividend of 33.6 cents in one year’s time. The company has a cost of equity of 13%. What is the market price of the company’s shares to the nearest cent on an ex dividend basis? $3.20 $4.41 $2.59 $4.20 Use the following information to answer questions 18 and 19 Bill plans to open a service centre. The equipment will cost $50,000. Bill expects the after-tax cash inflows to be $15,000 annually for 8 years, after which he plans to scrap the equipment and retire. What is the project’s regular payback period? 2.67 years 3.33 years 3.67 years 4.33 years Assume the required return is 10%. What is the project’s discounted payback period? 4.25 years 5.25 years 6 years the project does not payback on discounted basis.
PLEASE START FROM SECTION C INSTRUCTIONS: Answer the following questions, using spreadsheet financial functions to do the calculations. Use the following information about SV Inc. to calculate the company’s Cost of Capital. The stock of SV Inc. sells for $50, and last year’s dividend was $2.10. A flotation cost of 10% would be required to issue new common stock. SVs’ preferred stock pays a dividend of $3.30 per share, and new preferred could be sold at a price to net the company $30 per share. Security analysts are projecting that the common dividend will grow at a rate of 7% a year. The firm can issue additional long-term debt at an interest rate (or a before-tax cost) of 10%, and its marginal tax rate is 35%. The market risk premium is 6%, the risk-free rate is 6.5%, and Supreme Ventures’ beta is 0.83. In its cost-of-capital calculations, SV Inc. uses a target capital structure with 45% debt, 5% preferred stock, and 50% common equity. REQUIRED: SECTION A Calculate the…
I really need help on calculating the earning per share here As a stockholder of Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $15 million, liabilities of $10 million, after-tax earnings of $2.85 million, and 2.10 million outstanding shares of common stock. Calculate the earnings per share of Bozo Oil’s common stock. Note: Round your answer to 2 decimal places. Assuming a share of Bozo Oil’s common stock has a market value of $40, what is the firm’s price-earnings ratio? Note: Round your intermediate calculation to 2 decimal places and final answer to the nearest whole number. Calculate the book value of a share of Bozo Oil’s common stock. Note: Round your answer to 2 decimal places.
A food corporation declared a dividend of 29,000,000 pesos for its common stock. Suppose there are 150,000 shares of common stock, how much is the dividend per share? (Show your complete solution. Then, encircle your finalanswer.)
A. Read and carefully analyze each problem. Answer the following problem. 1. Find the dividend of the stockholder if his Par Value (in Pesos) is 58, Dividend (%) is 3.5% and number of shares is 550. 2. A land developer declared a dividend of P10,000,000 for its common stock. Suppose there are 600,000 shares of common stock, how much is the dividend per share? 3. A certain company gave out P25 dividend per share for its common stock. The market value of the stock is P92. Determine the stock yield ratio. 4. Find the amount of the semi-annual coupon for a P250,000 bond which pays 7% convertible semi-annually for its coupons. 5. Determine the amount of a semi-annual coupon paid for a 3% bond with a face value of P80,000 which matures after 15 years.
The board of directors of Clear Communications has declared a dividend of $2,500,000. The company has 240,000 shares of preferred stock that pay $2.10 per share and 2,600,000 shares of common stock. After finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock.
A. Read and carefully analyze each problem. Answer the following problem. 1. Find the dividend of the stock holder if his Par Value (in Pesos) is 58, Dividend (%) is 3.5%and number of shares is 550. 2. A land developer declared a dividend of P10,000,000 for its common stock. Suppose there are 600,000 shares of common stock, how much is the dividend per share? 3. A certain company gave out P25 dividend per share for its common stock. The market value of the stock is P92. Determine the stock yield ratio. 4. Find the amount of the semi-annual coupon for a P250,000 bond which pays 7% convertible semi-annually for its coupons. 5. Determine the amount of a semi-annual coupon paid for a 3% bond with a face value of P80,000 which matures after 15 years.
Bauer Software's current balance sheet shows total common equity of $5,125,000. The company has 520,000 shares of stock outstanding, and they sell at a price of $27.50 per share. By how much do the firm's market and book values per share differ? (Round your intermediate and final answers to two decimal places.)