Click on the icon here in order to copy the contents of the data table below into a preadsheet.) Dividend per Periods of Case Туре Par value share per period dividends passed A Cumulative $70 $8.05 Noncumulative $130 4.5% C Noncumulative $60 $3.30 Cumulative $120 6.0% Cumulative $50 7.5% 5o3 21

Click on the icon here in order to copy the contents of the data table below into a preadsheet.) Dividend per Periods of Case Туре Par value share per period dividends passed A Cumulative $70 $8.05 Noncumulative $130 4.5% C Noncumulative $60 $3.30 Cumulative $120 6.0% Cumulative $50 7.5% 5o3 21

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Black Bear Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Black Bear Bike Corp. has declared the following annual dividends over a six-year period ended December 31 of each year: Year 1, $42,500; Year 2, $18,000; Year 3, $223,500; Year 4, $178,000; Year 5, $222,000; and Year 6, $222,000. During the entire period, the outstanding stock of the company was composed of 50,000 shares of cumulative preferred 2% stock, $80 par, and 100,000 shares of common stock, $4 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears on January 1, Year 1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share Year 1 $42,500 $ Year 2 18,000 Year 3…
Need help with 3 and 4 3. If two years’ preferred dividends are in arrears at the current date, what is the book value per share of common stock? 4. If two years’ preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $13,800, what total amount will be paid to the preferred and to the common shareholders?
Companies can issue different classes of common stock. Which of the following statements concerning stock classes is CORRECT? a. All common stock, regardless of class, must pay the same dividend. b. All firms have several classes of common stock. c. Some class or classes of common stock are entitled to more votes per share than other classes. d. All common stocks fall into one of three classes: A, B, and C. e. All common stocks, regardless of class, must have the same voting rights.
The cost of preferred stock is equal to the preferred stock dividend divided by the net proceeds per preferred share. 1) True 2) False
Holdup Bank has an issue of preferred stock with a $1.93 stated dividend that just sold for $27.73 per share. What is the bank's cost of preferred stock? Enter the answer with 4 decimals (e.g. 0.1234).
Which of the following statements is true when dividends are not declared on cumulative preferred stock? Select one: O a. The undeclared dividends are accrued as a liability. O b. The shareholders must be allowed to convert their shares to common stock. Oc. The undeclared dividends accrue interest until paid. d. The undeclared dividends are disclosed in a note to the financial statements. Clear my choice
Common stock is the only class of stock outstanding in Manley Corporation. Total stockholders' equity divided by the number of common stock shares outstanding is called book value per share. fair value per share. stated value per share. ☐ par value per share. eTextbook and Media
For the calculation of weighted average number of shares where does the (4) come from when you are doing (921,000/4) ?
Compute number of shares outstanding after the stock dividend. Number of shares outstanding
Declared interim dividends for preferred shareholders as well as $.80 per share to common stockholders. Using the info above and as a guide: Prepare the journal entries with narrations to record the following: The issuances of stock. Close out net income to retained earnings. Dividend declared. Close out dividend to retained earnings.
Cumulative preferred stock gives its owners a right to be paid both the current and all prior periods' unpaid dividends before any paid to common stockholders. True or False True False
With the given set of data, find the dividend of the five stockholders.

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