Dividends per shareWindborn Company has 10,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $20 par common stock. The following amounts were distributedas dividends:20Y120Y220Y3Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.Preferred StockCommon Stock(dividends per share)(dividends per share)0. X20Y120Y220Y3Feedback$7,5004,00015,000Check My Work0.500.400.600.000.18m

Preference shares, also known as preferred stock, is an exclusive share option which enables…

Answered: Dividends per share Windborn Company…

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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Stair Step Company has 20,000 shares of $100 par, 2% cumulative preferred stock, and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: $30,000Year 2: 55,000Year 3: 90,000 Determine the dividends per share for preferred and common stock for the second year.
Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $20 F common stock. The following amounts were distributed as dividends: Year 1 $22,500 Year 2 7,500 Year 3 45,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. Preferred Stock Common Stock (dividends per share) (dividends per share) Year 1 Year 2 Year 3
A company had stock outstanding as follows during each of its first three years of operations: 3,000 shares of 8%, $100 par, cumulative preferred stock and 51,000 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 2 3 Dividends $18,000 24,000 54,450 $ $ Total Preferred Per Share Total Common Per Share
Dividend Per Share Windborn Company has 25,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends: Year 1 $187,500 Year 2 60,000 Year 3 225,000 Determine the dividend per share for preferred and common stock for each year. Round all answers to two decimal places. If an amount box does not require an entry, leave it blank. Year 1 Year 2 Year 3 Preferred stock (Dividend per share) 5. Common stock (Dividend per share) %24 %24
Dividends Per Share Windborn Company has 20,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1 $30,00020Y2 16,00020Y3 60,000Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. Preferred Stock(dividends per share) Common Stock (dividends per share)20Y1 $fill in the blank 1$fill in the blank 220Y2 $fill in the blank 3$fill in the blank 420Y3 $fill in the blank 5$fill in the blank 6
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Dividend Per Share Swilley Furniture Company has 50,000 shares of cumulative preferred 2% stock, $75 par, and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year 1 $45,000 Year 2 123,000 Year 3 130,000 Determine the dividend per share for preferred and common stock for each year. If an amount box does not require an entry, leave it blank. Round all answers to two decimal places. Year 1 Year 2 Year 3 Preferred stock (Dividend per share) Common stock (Dividend per share) %24 %24 %24
Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: $90,000 18,000 135,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. Preferred Stock (dividends per share) 20Y1 20Y2 20Y3 20Y1 20Y2 20Y3 $ Common Stock (dividends per share) 0
The Long Island Ducks has stock outstanding as follows: 12,000 shares of cumulative preferred 2% stock. $150 par and 50,000 shares of $10 par common. During the first four years of operations, the following were distributed as dividends: first year, $27,000; second year, $60,000; third year, $80,000; fourth year $90,000. Determine the amount of dividends allocated to preferred stockholders and to common stockholders for each of the four years.
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Sandpiper Company has 30,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: Year 1 $225,000 Year 2 45,000 Year 3 270,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'. Year 1 Year 2 Year 3 Preferred stock (Dividends per share) $ $ $ Common stock (Dividends per share)
Sabas Company has issued and outstanding 45,000 shares of $100 par, 5% preferred stock and 110,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 Year 3 $471,000 442,000 500,000 Determine the dividend per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividend per share: Preferred stock Common stock Year 1 Year 2 Year 3

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