Gus Distributors had 100,000 common shares outstanding at the beginning of the year, January 1. On May 13, Gus distributed a 5% stock dividend. Gus retired 1,200 shares on August 1. What is the weighted-average number of shares for calculating Gus' EPS?
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Gus Distributors had 100,000 common shares outstanding at the beginning of the year, January 1. On May 13, Gus distributed a 5% stock dividend. Gus retired 1,200 shares on August 1. What is the weighted-average number of shares for calculating Gus' EPS?
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- A company had stock outstanding as follows during each of its first three years of operations: 4,000 shares of 9%, $100 par, cumulative preferred stock and 37,000 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 $27,000 $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 2 36,000 $fill in the blank 5 $fill in the blank 6 $fill in the blank 7 $fill in the blank 8 3 55,880 $fill in the blank 9 $fill in the blank 10 $fill in the blank 11 $fill in the blank 12Seacrest Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year 1 $37,500 Year 2 12,000 Year 3 45,000 Determine the dividend per share for preferred and common stock for each year. Round all answers 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
- Sabas Company has issued and outstanding 49,000 shares of $100 par, 8% preferred stock and 101,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 $467,000 474,000 543,000 Year 3 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: Year 1 Year 2 Year 3 Preferred stock Common stock $ $ $ $ $Windborn Company has 20,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 20Y1 $80,000 20Y2 20,000 20Y3 120,000 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'.