The board of directors of mountain hotels has declared a dividend of $1,900,000. The company has 100,000 shares of preferred stock that pay $1.20 per share and 1,350,000 shares of common stock. After first finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock (in$) round your answer to the nearest cent? 

Q: A company had stock outstanding as follows during each of its first three years of operations: 1,000…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: If you own 11,000 shares of stock of Nike and it pays a dividend of $0.28 per share, then what is…

A: When the company receives profits and distributes them among the shareholders. The share of profit…

Q: Answer the following question correctly and show your Complete Solution (Given, Required, Equation,…

A: Dividend per share is the amount of dividend that a company is giving to its every shareholder. It…

Q: The board of directors of a human resources outsourcing company has declared a dividend of…

A: The dividend is paid to shareholders from the retained earnings of the business.

Q: Murphy's, Incorporated, has 32,250 shares of stock outstanding with a par value of $1 per share. The…

A: Number of shares outstanding before stock Dividend = 32,250Market price per share before stock…

Q: What will be the amount of shares outstanding and the share price after the stock dividend.

A: Total number of shares outstanding  = shares*(1+stock dividend) =200000*(1+10%) = 220000 shares…

Q: OMG Inc. has 5 million shares of common stock outstanding, 4 million shares of preferred stock…

A: Debt is the obligation for the company reported in the balance sheet of the company.

Q: The Mark Company has $250,000 to pay dividends. The company has 25,000 shares of 8%, $50 par,…

A: Scenario 1: Preferred stock is nonparticipating and cumulative.1.Dividends in arrears: Since the…

Q: The New Dance LLC. has 200 shares of oustanding; cumulative preferred stock that calls quarterly…

A: Preferred stock is a type of combination of debt and equity and has preference over common stock in…

Q: OMG Incorporated has 4 million shares of common stock outstanding, 3 million shares of preferred…

A: WACC or Weighted average cost of capital is the sum of market value weighted cost of the capitals…

Q: Curtain Company paid dividends of $6,500, $12,500, and $20,500 during Year 1, Year 2, and Year 3,…

A: The correct option with proper explanation are as followsCumulative preference share holders have…

Q: 16. Wondrous Company acquired 40,000 ordinary shares on September 30 for P6,600,000 to be held for…

A: In this question, we will first determine the total new shares, then find the cost per share, and…

Q: A corporation purchases 31,000 shares of its own $10 par common stock for $39 per share, recording…

A: STATEMENT OF SHAREHOLDERS EQUITYStatement of Shareholders Equity is also Known as Changes in…

Q: First Time Corporation conducted an IPO, issuing 2 million common shares with a par value of P0.25…

A: Calculation of equity account and market capitalization end of first year are as follows

Q: the company's preferred stock pays an annual dividend of 4.5 percent and is currently selling for…

A: The price a firm must pay for the revenue it will receive from issuing and selling preferred stock…

Q: d Contractors has 4.5 million shares of common stock outstanding, 1 million shares of preferred…

A: The Weighted Average Cost of Capital (WACC) of a company is the total cost of capital, including…

Q: Calculate the total Dividends AND the Dividends per share that the Preferred and Common Shareholders…

A: Preference Shares are shares that are given preference over and above equity shares. While…

Q: A land developer declared a dividend of 9,500,000 for its common stock. Suppose these are 570,000…

A: Formula: Dividend per share = Total Dividend / Number of shares of common stock

Q: The board of directors of Mountain Hotels has declared a dividend of $1,700,000. The company has…

A: Preferred dividends = 100,000 shares x $1.30 = $130,000

Q: Swilley Furniture Company has 50,000 shares of cumulative preferred 2% stock, $75 par, and 100,000…

A:

Q: Suppose that you own 2,700 shares of Nocash Corp. and the company is about to pay a 15% stock…

A: The division of a company's current shares into multiple shares is referred to as a stock split. The…

Q: If Dakota Company issues 1,500 shares of $6 par common stock for $75,000, O Common Stock will be…

A: Journal entry: A journal entry is used to record day-to-day transactions of the business by debiting…

Q: Determining Cash Dividends to Preferred and Common Shareholders Sinclair Company has outstanding…

A: DECLARATION OF DIVIDENDSDividend is the amount paid by the Corporation its shareholders in return…

Q: A corporation has $1,730,000 to distribute in dividends and did not distribute dividends the…

A: A dividend is a kind of gift that a business delivers to its shareholders, whether it be cash or…

Q: Park Place Co. has the following shares of stock outstanding. 5,000 shares of $1 par value common…

A: The dividend is declared to the shareholders from the retained earnings of the business. The…

Q: Your corporation currently has 200,000 shares of stock outstanding that sells for $50.00 per share.…

A: Number of shares before split = 200,000 Price per share before split = $ 50 Split ratio = five-…

Q: The board of directors of Smith Enterprises announced a dividend of P1.75 per share on August 2. The…

A: The dividend is paid to shareholders from the retained earnings of the business.

Q: OMG Incorporated has 4 million shares of common stock outstanding, 3 million shares of preferred…

A: ParticularsNumber of sharesMarket priceCommon share4,000,000.00$17.00Preferred…

Q: eventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares…

A: Introduction:- Dividends derived from portion of a company's profits. Which are distributed to…

Q: 1. Determine the amount of dividends to be paid to each class of shareholder for each of the…

A: Dividend refers to that portion of the net income of the company which the company paid to its…

Q: The company’s preferred stock pays an annual dividend of 4.5 percent and is currently selling for…

A: Characteristics of a preferred stock are known. The cost of the preferred stock is to be determined.…

Q: Your answer is partially correct Blue Spruce Corp. hus 5.000 preferred shares outstanding ($2.00…

A: Common stock:Common stock is the type of security that represents the ownership of the equity of the…

Q: Amigo Software Inc. has total assets of $834,000, current liabilities of $155,000, and long-term…

A: A type of publicly traded security that provides ownership and voting rights to its holder is term…

Q: Please give me answer

A: Given Data: This table summarizes the initial financial position, the repurchase details, and the…

Q: Stephanie's C'.lfes, lnc., Declared a dividend of $ 1.30 per share for record holders on Tuesday,…

A: Formula: Total Dividend amount = Dividend per share x Total outstanding shares. Multiplying total…

Q: A. Calculate the dividends paid to the preferred stockholders. B. Calculate the dividends paid to…

A: A. $120,000 B. $30,000

Q: e board of directors of a human resources outsourcing company has declared a dividend of…

A: Preferred shares are preferred in dividend payments and also on the liquidation also they are…

Q: OMG Inc. has 4 million shares of common stock outstanding, 3 million shares of preferred stock…

A: A fixed dividend rate is frequently attached to preference shares, which indicates that the dividend…

Q: The board of directors of Mountain Hotels has declared a dividend of $1,500,000. The company has…

A: The dividend is declared to all the shareholders from the retained earnings of the business. The…

Q: The Anderson Company has a net profits of $16 million, sales of $271 million, and 6.1 million shares…

A: Earning per share is amount of earnings available to company for giving the dividend to…