There are 10,000 shares of $10 par value common stock, 10,000 shares of 7 percent nonparticipating cumulative preferred stock, and 10,000 shares of $50 par value common stock outstanding for Belton, Inc. The total cash dividend announced this year is $72,000, and if the preferred stock dividend is one year overdue, the following amounts will be payable to prefer and common stockholders, respectively: A. $21,000 and $51,000 B. $70,000 and $2,000 C. $27,000 and $45,000 D. $60,000 and $12,000 E. None of the above

Faccone Academy Surplus had 60,000 shares of common stock and 9,000 shares of 20%, $15 par value preferred stock outstanding through December 31, 2024. Income from continuing operations for 2024 was $711,000, and loss on discontinued operations (net of income tax saving) was $36,000. Compute Faccone's earnings per share for 2024, starting with income from continuing operations. Round to the nearest cent. (Enter all EPS amounts to the nearest cent, $X.XX. Use parentheses or a minus sign for amounts reducing the income from continuing operations.) Now, compute Faccone's earnings per share for 2024, starting with income from continuing operations. Earnings per Share of Common Stock (60,000 shares outstanding): Income From Continuing Operations Loss From Discontinued Operations Net Income

A company had stock outstanding as follows during each of its first 3 years of operations: 4,000 shares of 8%, $100 par, cumulative preferred stock and 44,000 shares of $10 par common stock. The amounts distributed as dividends are presented in the following schedule. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. If necessary, round dividends per share to the nearest cent. If your answer is zero, please enter "0". Year 1 2 3 Dividends $24,000 32,000 38,280 Preferred Total Preferred Per Share $ Common Total Common Per Share

A company had stock outstanding as follows during each of its first three years of operations: 3,000 shares of 10%, $100 par, cumulative preferred stock and 33,000 shares of $10 par common stock. The amounts distributed as dividends follow. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. Round dividends per share to the nearest cent. If your answer is zero, please enter "0".       Preferred Common Year Dividends Total Per Share Total Per Share 1 $22,500   $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 2 30,000 $fill in the blank 5 $fill in the blank 6 $fill in the blank 7 $fill in the blank 8 3 43,230 $fill in the blank 9 $fill in the blank 10 $fill in the blank 11 $fill in the blank 12