Dividends per share (PS is non cumulative, non participating, Supply the answer. Round off answer to 2 decimal places. 2021 The Shareholders' Equity section of ABC Corp shows the following for years 2020 and 5% Preference Share, P25 par Ordinary shares, P10 P93,500 37,500 Dividends declared for2020 amounted P4,000 and P7,000 on 2021. Give the dividend share for ordinary shares on 2021. (format P1.23)
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- Hyde Corporations capital structure at December 31, 2018, was as follows: On July 2, 2019, Hyde issued a 10% stock dividend on its common stock and paid a cash dividend of 2.00 per share on its preferred stock. Net income for the year ended December 31, 2019, was 780,000. What should be Hydes 2019 basic earnings per share? a. 7.80 b. 7.09 c. 7.68 d. 6.732. Calculate the dividends paid per share to both the preferred and the common shares in 2023 assuming preferred shares are cumulative. (Round the final answers to 2 decimal places.) Preferred shares Common shares Dividends Paid per ShareRequired:1. Indicate the amount of annual dividend on each issue of the preferred shares by completingthe last column of the above table 2. Assume that there are one year of dividends in arrears at the beginning of 2020, and Essexdeclared total dividends of $40,000 in 2020. What is the amount of dividends that thecommon shareholders will receive in 2020?
- 1. As of Dec. 31, 2020, DM Corporation has 10% Preference shares (cumulative and participating) with outstanding shares of 6,000, P100 par; Ordinary shares of10,000 with P40 par value and retained earnings of P800,000. Dividends were in arrears since 2018. Dividends declared for 2020 amounted to P400,000. How much is the dividends per share on Preference share at the end of 2020? a. P48 b. P66.67 c. P11.20 d. P252. On December 1, 2019, Bobcat Corporation received a donation of 2,000 shares with P 50 par value from a shareholder. On that date, the share market value was P 350. The shares were originally issued for P 250 per share. By what amount would this donation cause shareholder’s equity to decrease? a. P700,000 b. P500,000 c. P200,000 d. P03. Miami Heat Inc. began operations in January2017, and reported the following results for each of its three years of operations. 2017 net loss-P 300,000;2018 net loss-P 30,000; 2019 Profit-P 3,950,000 At December 31, 2019, the…2. HAWKEYE Corporation has the following shareholders' equity accounts as of December 31, 2021: 6% Preference shares, P10 par - P200,000; Ordinary shares, P10 par - P300,000; Accumulated profits - P80,000. Dividends have not been declared for the years 2019 to 2021. The whole amount of the accumulated profits of P80,000 was declared gs dividend on December 31, 2021. How much dividend per share shall an ordinary shareholder have if the preference share is cumulative and participating up to 21%? (Present your answer for this problem in 2 decimal places, example X.XX) *How many are the ordinary shares outstanding after reflecting the foregoing transactions for the year 2019? To input answers, kindly follow the sample format below(no peso sign, with comma, no space): ex. 100,000
- SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $396,800 in 2023 and $335,800 in 2022. Equity and Liabilities. Share capital-common (121,500 shares issued) Retained earnings (Note 1) Accrued liabilities. Notes payable (current) Accounts payable. Total equity and liabilities 2023 2022 $1,431,000 $1,431,000 398,000 8,700 79,700 56,400 $1,973,800 268,900 6,100 59,200 182,500 $1,947,700 Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023.1. On December 31, 2021 and 2020, Go Company had 100,000 ordinary shares and 10,000 cumulative preference shares of 6%, P100 par value. No dividends were declared on either the preference or ordinary share in 2021 or 2020. Net income for the current year was P800,000. What amount should be reported as basic earnings per share? a. 7.40 b. 8.50 c. 7.50 d. 7.90 2. JAX Company had 200,000 ordinary shares of P20 par value and 20,000 shares of P100 par, 6% cumulative, convertible preference share capital outstanding for the entire year ended December 31, 2021. Each preference share is convertible into 4 ordinary shares. The net income for 2021 was P840,000. What amount should be reported as diluted earnings per share? a. 2.80 b. 1.90 c. 3.00 d. 3.20 3. Laura Company carried a provision of P2,000,000 in the draft financial statements on December 31, 2021 in relation to an unresolved court case. On January 31, 2022, when the financial statements on December 31, 2021 had not yet been authorized…On December 31, 2021, XYZ Corporation had 200,000 Ordinary shares and 20,000 cumulative 5% preference shares, P100 par No dividends were declared on either the preference share or ordinary share in 2021 and 2020 Net income for the current year was P1,800,000. What amount should be reported as basic earnings per share?
- The financial statements of Friendly Fashions include the following selected data (in millions):($ in millions) 2021 2020Sales $ 10,043 $ 11,134Net income $ 312 $ 818Stockholders’ equity $ 1,850 $ 2,310Average shares outstanding (in millions) 675 –Dividends per share $ 0.31 –Stock price $ 6.20 –Required:1. Calculate the return on equity in 2021.2. Calculate the dividend yield in 2021.3. Calculate earnings per share in 2021.4. Calculate the price-earnings ratio in 2021.5. During 2021, CAPTAIN AMERICA Company had two classes of shares issued and outstanding for the entire year. Additional information are as follows: Ordinary share capital, par P10 - P1,000,000; 7% Preference share capital, P100 par, cumulative - P500,000. The net income for the year amounts to P500,000. What is the basic earnings per share? (PRESENT YOUR ANSWER IN TWO (2) DECIMAL PLACES, example: xxXx)The share price for A LTD at 1st July 2019 was $4.40 and at the 31st June 2020 was $5.17. you have collected the following per share dividend data for 2019 and 2020 $0.03, paid 31st March 2019 $0.04, paid 31st September 2019 $0.05, paid 31st March 2020 $0.06 to be paid 31st September 2020 determine the return on A LTD share for the year ending 30 December 2020