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FINANCIAL ACCOUNTING

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Calculate the preferred and common dividend per share (in $) for the company. (If there is no answer, enter NONE.)

Company	Common Stock Shares	Preferred Stock	Dividend	Declared Arrears	Preferred Div./Share	Common Div./Share
Shares	Div. or Par	Cum.
a personal electronics manufacturer	9,000,000	1,000,000	$100 8%	no	$6,000,000	none	$	$

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Calculate the preferred and common dividend per share (in $) for the company. (If there is no answer, enter NONE.) Company a personal electronics manufacturer Common Stock Shares 8,000,000 Preferred Stock Shares 1,000,000 Div. or Par $100 7% Cum. ho Dividend $6,000,000 Declared Arrears none $ Preferred Div./Share $ Common Div./Share
Calculate the preferred and common dividend per share (in $) for the company. (If there is no answer, enter NONE.) Company CommonStock Shares Preferred Stock Dividend Declared Arrears PreferredDiv./Share CommonDiv./Share Shares Div. or Par Cum. a personal electronics manufacturer 9,000,000 1,000,000 $100 6% no $5,000,000 none $
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The owners’ equity accounts for Vulcano International are shown here: Common stock ($.50 par value) $ 20,000 Capital surplus 210,000 Retained earnings 587,300 Total owners’ equity $ 817,300 a-1. If the company declares a 4-for-1 stock split, how many shares are outstanding now? (Do not round intermediate calculations.) a-2. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b-1. If the company declares a 1-for-5 reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.) b-2. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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