n September 6, 2020, the board of directors of Peterson Manufacturing voted to distribute $4,600,000 to the firm's stockholders.If the firm has issued 75,000 shares of 4% preferred stock with a par value of $10 and 1,870,000 shares of common stock outstanding, calculate the following. (Round all answers to the nearest cent.) 1. Dividend per share of preferred stock: $ 2. Dividend per share of common stock:

The board of directors of Wayne Co. declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15, 2020. The dividend is to be paid on August 15, 2020, to stockholders of record on July 31, 2020. The effects of the journal entry to record the payment of the dividend on August 15, 2020, are to decrease liabilities and decrease assets. increase stockholders' equity and decrease assets. decrease stockholders' equity and decrease liabilities. increase stockholders' equity and increase liabilities.

Maple Forest Corporation designs and produces a line of golf equipment and golf apparel. Maple Forest has 100,000 shares of common stock outstanding as of the beginning of 2024. Maple Forest has the following transactions affecting stockholders' equity in 2024. March 1 Issues 63,000 additional shares of $1 par value common stock for $60 per share. Purchases 5,800 shares of treasury stock for $63 per share. Declares a cash dividend of $1.90 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) May 10 June 1 July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,900 shares of treasury stock purchased on May 10 for $68 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

Splish Brothers Inc. has 10,800 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No dividends were declared in 2020 or 2021.If Splish Brothers wants to pay $395,000 of dividends in 2022, what amount of dividends will common stockholders receive? Dividends allocated to common stock   $enter Dividends allocated to common stock in dollars

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Dulcinea Corporation had $1,000,000 of net income in 2022. On January 1, 2022, there were 225,000 shares of common stock outstanding.  On April 1, there were 12,000 additional shares issued.  On July 1, Dulcinea issued a 10% stock dividend and on September 1, Dulcinea bought 20,000 shares of treasury stock.         The market price of the common stock averaged $30 during 2022.  The tax rate is 30%.   During 2022, there were 10,000 shares of cumulative, convertible preferred stock outstanding.  The preferred is $100 par, pays $4 per share in dividends per year and each share of preferred stock is convertible into two shares of common stock.   Dulcinea issued $5,000,000 of 5% convertible bonds at face value ten years earlier.  All bonds remained outstanding throughout 2022.   Each $1,000 bond is convertible into 10 shares of common stock.   Required:   Calculate the weighted average number of shares outstanding for 2022 to be used to calculate basic earnings per share. Compute basic…

Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 100 shares of preferred stock and 2,600 shares of common stock have been issued. The following transactions affect stockholders’ equity during 2021:   March   1   Issue 2,600 additional shares of common stock for $14 per share.  April   1   Issue 200 additional shares of preferred stock for $36 per share.  June   1   Declare a cash dividend on both common and preferred stock of $0.45 per share to all stockholders of record on June 15. June   30   Pay the cash dividends declared on June 1.  August   1   Purchase 200 shares of common treasury stock for $11 per share.  October   1   Reissue 100 shares of treasury stock purchased on August 1 for $13 per share.    Nautical has the following beginning balances in its stockholders’ equity accounts on January 1, 2021: Preferred Stock, $1,000; Common Stock, $2,600; Additional Paid-in Capital, $19,100; and…

On January 3, 2022 you purchased 275 shares of Bird House, Inc. at $61.38 per share. Since then, you have received the following dividends per share: $0.17 (January 17), $0.17 (April 16). $0.19 (July 18). $0.19 (October 17), $0.19 (January 20). The current price of the stock is $63.09. What is the Capital Gains (Loss) Yield in percent (%)? (recurring content question) 1.71% -2.71% 2.21% O 2.79% O 2.71%

Question-based on, "common stockholders".   I have tried it but no answer yet.

On June 30, 2020, when ABC shares were selling for $ 65 each, the equity accounts had the following balances:               Common shares (par value $ 50: 50,000 issued) $ 2,500,000                Capital contributed in excess of par value 600,000                Retained earnings 4,200,000 A 100% share dividend is declared and distributed, the balance of the Common Shares account after recording the dividend will be: a. $2,500,000 b. $7,300,000 c. $3,100,000 d. $5,000,000