Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par common.During its first four years of operations, the following amounts were distributed as dividends: first year, $30,000; second year, $76,000; third year, $100,000; fourth year, $100,000.This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.XOpen spreadsheetDetermine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".Preferred stock (dividends per share)Common stock (dividends per share)1st Year2nd Year3rd Year4th Year

The distribution of profits by a company to its eligible shareholders is called dividend. The amount…

Answered: Determine the dividends per share on…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Compute the gains or loss of the investment of C for 100 shares with par value of P5 at the beginning of the year which was sold at P10 per share the end of the year and D for 100 shares also with par value of P5 and was sold at P3 at the end of the year.
What is the total annual dividend received from owning 100 shares of stock A, if Company A issues a $0.20 quarterly dividend to its shareholders? total annual dividend = [ ? ] Round to the nearest hundredth. Enter
Suppose a stock had an initial price of $50 per share, paid a dividend of $1.05 per share during the year, and had an ending share price of $37. Compute the percentage total return. Enter the answer in 4 decimals e.g. 0.1234.
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 $fill in the blank 12
The following table contains prices and dividends for a stock. All prices are after the dividend has been paid. If you bought the stock on January 1 and sold it on December 31, what is your realized return? Hint: Make sure to round all intermediate calculations to at least five decimal places. (Click on the following icon in order to copy its contents into a spreadsheet.) Jan 1 Mar 31 Jun 30 Sep 30 Dec 31 Price 10.09 11.09 10.59 11.19 11.09 Dividend 0.16 0.16 0.16 0.16 Your realized return is%. (Round to one decimal place.)
If the stock split three for two during the year. The number of shares is 6000000 and the price is 10$ before the split. How the number of shares and price will change after the split?
A company had stock outstanding as follows during each of its first three years of operations: 4,000 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". Year 1 23 Dividends $30,000 40,000 62,810 Total Preferred Per Share Total Common Per Share
You purchased 200 shares of preferred stock on January 1 for $14.36 per share. The stock pays an annual dividend of $1.26 per share. On December 31, the market price is $16.69 per share. What is your percent return for the year if you hold on to the stock? The correct answer is 25%. How was that found? Please do not answer in Excel format
A company had stock outstanding as follows during each of its first three years of operations: 1,000 shares of 8%, $100 par, cumulative preferred stock and 43,000 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 $6,000 $ $ $ $ 2 8,000 $ $ $ $ 3 15,680 $ $ $ $
Determine Fisher’s return on stockholders’ equity if its Year 1 earnings after tax are $9,000(000). Round your answer to two decimal places. %
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 55,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. 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 $22,500 30,000 59,400 $ Total Preferred Per Share Total Common Per Share

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