In 2012, the board of directors of Sweet Bakery Corporation declared total dividends of $46,000. The company has 1500 shares of 2%, $80 par preferred stock. There are no dividends in arrears. How much of the $46,000 will be paid to preferred shareholders and how much will be paid to common shareholders?
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- According to a company press release, on January 5, 2012, Hansen Natural Corporation changed its name to Monster Beverage Corporation. According to Yahoo Finance, on that day the value of the company stock (symbol: MNST) was $15.64 per share. On January 5, 2018, the stock closed at $63.49 per share. This represents an increase of nearly 306%. A. Discuss the factors that might influence the increase in share price. B. Consider yourself as a potential shareholder. What factors would you consider when deciding whether or not to purchase shares in Monster Beverage Corporation today?As of 2017, Buttle Corp. has $10 par, 2% preferred stock, 13,000 shares outstanding, and $1 par common stock with 64,000 shares outstanding. The preferred stock is cumulative and preferred stockholders last received a dividend in 2014. If the company wants to distribute $4 per share to the common stockholders in 2017, what is the total amount of dividends that the company must pay at the end of the current year? Select one: a. None of these are correct. X b. $256,000 c. $263,800 d. $258,600 e. $7,800Can you please answer the financial accounting question?
- The Namleda Corporation has an income statement that indicates thatoperating income is $2,375,486 and pays interest of $100,000 and taxes of$900,000. The corporation currently has an average of 3 million shares ofcommon stock outstanding and 1 million shares of preferred stock, whichpays a dividend of $1.00 per share. What is the corporation’s approximateearnings per share?Please provide answer in text (Without image)Rick Co. had 35 million shares of $2 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Directors declared and distributed a 2% common stock dividend when the market value of its common stock was $67 per share. In recording this transaction, Rick would: Multiple Choice None of these answer choices are correct. Credit common stock for $46.90 million. Debit retained earnings for $46.90 million. Credit paid-in capital—excess of par for $46.90 million.
- Pet Boutique Corp, reported $4,365.410 of profit for 2023. On November 2, 2023, it declared and paid the annual preferred dividends of $283,560 On January 1, 2023, Pet Boutique had 111,410 and 567,000 outstanding preferred and common shares, respectively. The following transactions changed the number of shares outstanding during the year: Feb. 1 Declared and issued a 20% common share dividend. Apr.30 Sold 111,060 common shares for cash. May 1 Sold 45,550 preferred shares for cash. Oct. 31 Sold 32,760 common shares for cash. a. What is the amount of profit available for distribution to the common shareholders? Earnings available to common shareholders $ 4,081,850 Check my wark b. What is the weighted-average number of common shares for the year?The board of directors of a human resources outsourcing company has declared a dividend of $4,000,000. The company has 900,000 shares of preferred stock that pay $0.60 per share and 1,700,000 shares of common stock. A-what are the dividends in $ do the preferred shareholders?  B-what is the dividend per share in $ of common stock round your answer to the nearest cent.What is the company's book value per share on these financial accounting question?
- 5. The following information appears in the books of Great Corporation. | (see attached image for the given. Please answer it. Thank you so much!) The Board declared a cash dividend of P15 per share on November 15, 2014 to sharcholders of record as of December 15, 2014, payable on January 10, 2015. Direction: a) How many shares are entitled to dividends? ;b) Entries for the above transactions.¢) How much is free retained carnings?Manner, Inc. has 5,000 shares of 6%, $100 par value, noncumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at December 31, 2018. There were no dividends declared in 2017. The board of directors declares and pays a $55,000 dividend in 2018. What is the amount of dividends received by the common stockholders in 2018? Note: show calculation. Essay Toolbar navigation I UUse the following information to answer the questions 34 and 35. On January 1, 2020, Falcon Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $17 per share. On February 1, 2020, Falcon purchased 3,100 shares of treasury stock for $19 per share and later sold the treasury shares for $26 per share on March 2, 2020. 34 What amount of gain due to these treasury stock transactions should be reported on the income statement for the year ended December 31, 2020? A) $ 21,700 B) $ 3,100 C) $ 2,170 D) None of the above 35 The entry to record the sale of the treasury shares on March 2, 2020 is A) Cash $ 26,000 Common Stock Retained Earnings $ 24,000 $Jigs 2,000 Treasury Stock, Common $ 26,000 Treasury Stock, Common Gain on Treasury Stock, Common $ Treasury Stock, Common Paid-in Capital, Treasury Stock B) Cash C) Cash D) Cash E) None of the above Retained Earnings bome 6,000 $ $ $ $ $ $ $ · LA (8) 19,000 7,000…
