**Dividends Calculation for Preferred and Common Stockholders****Given:**- 27,000 shares cumulative preferred stock ($5.25 dividend per share)- 54,000 shares common stock- Dividends paid: - 2016: $10,800 - 2017: $0 - 2018: $440,000**Question:**- How much will preferred and common stockholders receive each year? (Leave no cells blank - be certain to enter "0" wherever required.)**Table: Dividends Received by Preferred and Common Stockholders**| | 2016 | 2017 | 2018 ||---------------------|-----------|----------|-----------|| **Preferred stockholders** | _________ | ________ | _________ || **Common stockholders** | _________ | ________ | _________ |**Explanation:**- **Preferred stockholders:** They are entitled to a cumulative dividend of $5.25 per share each year. If they do not receive their full dividends in one year, the unpaid dividends carry forward to the next year.- **Common stockholders:** They only receive dividends after the preferred stockholders have been paid their due cumulative dividends for the current and any previous years.**Steps to Calculate:**1. Calculate the annual dividend due to preferred stockholders: - Annual dividend per preferred share = $5.25 - Total preferred shares = 27,000 - Total annual preferred dividends = 27,000 x $5.25 = $141,7502. Distribute the dividends paid among preferred and common stockholders for each year: - **2016:** - Total dividends paid: $10,800 - Since the total is less than the preferred dividend requirement of $141,750, all $10,800 goes to preferred stockholders. - Shortfall of preferred dividends = $141,750 - $10,800 = $130,950 carried forward to 2017. - **2017:** - Total dividends paid: $0 - Preferred dividend shortfall: $130,950 + $141,750 (current year) = $272,700 carried forward to 2018. - **2018:** - Total dividends paid: $440,000 - Preferred dividend requirement = $272,

Solution:- Dividend is the amount of return granted to shareholders of a company.

Given: 27,000 shares cumulative preferred stock ($5.25 dividend per share): 54,000 shares common stock. Dividends paid: 2016, $10,800; 2017, 0; and 2018, $440,000. How much will preferred and common stockholders receive each year? (Leave no cells blank - be certain to enter "0" wherever required.) 2016 2017 2018 Preferred stockholders Common stockholders

Given: 27,000 shares cumulative preferred stock ($5.25 dividend per share): 54,000 shares common stock. Dividends paid: 2016, $10,800; 2017, 0; and 2018, $440,000. How much will preferred and common stockholders receive each year? (Leave no cells blank - be certain to enter "0" wherever required.) 2016 2017 2018 Preferred stockholders Common stockholders

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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Question 1- Texas Instruments (TXN) (please include your Excel spreadsheet file!) Actual data for Texas Instruments common stock! Suppose on December 31, 2011 you purchased TXN stock at $29.11 per share. You hold TXN until December 31, 2021 when you sold it at $188.47 per share. During this holding period, you received the following annual dividends per share. Year Annual DPS Year Annual DPS 2012 $0.72 2017 $2.12 2013 $1.07 2018 $2.63 2014 $1.24 2019 $3.21 2015 $1.40 2020 $3.72 2016 $1.64 2021 $4.21 Using the above TXN stock data and using Excel spreadsheet, determine the average annual return for your TXN investment. Question 2 TXN stock price on December 31, 2020 was $162.70 per share. Calculate the 2021 annual "holding period return" (HPR). Show all work. Question 3 Using the table above, determine the average annual growth rate for TXN dividends per share for the period 2012-2021. Show formula, input, & calculation. Excel is optional.
D
Given: 23,000 shares cumulative preferred stock ($4.25 dividend per share): 46,000 shares common stock. Dividends paid: 2016, $9,200; 2017, 0; and 2018, $310,000. How much will preferred and common stockholders receive each year? (Please be sure to show how you got to the number you did)
Requirement 1. Compute AustinAustin Company's earnings per share for 20182018. Assume the company paid the minimum preferred dividend during 20182018. Round to the nearest cent. Select the formula, then enter the amounts to calculate the company's earnings per share for 20182018. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) ( - ) / = Earnings per share ( - ) / = Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts remaining Clear All Check Answer Data Table 2018 2017 Income Statement—partial: Net Income $6,660 $20,000 Dec. 31, 2018 Dec. 31, 2017 Balance Sheet—partial: Total Assets $200,000 $265,000 Paid-In Capital: Preferred Stock—9%, $6 Par Value;…
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Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December 31, 2020. Preferred shares, $4.38 non-cumulative, 35,000 shares authorized and issued* Common shares, 70,000 shares authorized and issued* $2,240,000 1,120,000 *All shares were issued during 2018. During its first three years of operations, Garda World Security Corporation declared and paid total dividends as shown in the last column of the following schedule.
The following financial information is available for Flintlock Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income BIU T₂ T² Ix !!! 111 2022 lil $2,532 298 40 504 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. Comment on your findings. W 2021 $2,591 144 611 40 555 트 M II á TT ¶ O Word(s)
Preferred shares, $4.55 non-cumulative, 52,000 shares authorized and issued* $ 3,328,000 Common shares, 87,000 shares authorized and issued* 1,392,000 *All shares were issued during 2018. 2. Calculate the dividends paid per share to both the preferred and the common shares in 2020. (Round the final answers to 2 decimal places.)
6. How much will be in arrears at the end of 2018? ____________________ 7. How should the scrip dividend and related interest be recorded?
Question-based on, "Stockholders equity section". I have tried it but got it incorrect.
Preferred shares, $4.55 non-cumulative, 52,000 shares authorized and issued* $ 3,328,000 Common shares, 87,000 shares authorized and issued* 1,392,000 *All shares were issued during 2018. 2. Calculate the dividends paid per share to both the preferred and the common shares in 2020 assuming preferred shares are cumulative. (Round the final answers to 2 decimal places.)
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