Starlight Corp. declared $120,000 in dividends, to be shared among 40,000 common shares. • How much dividend per share will each shareholder receive?
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- 4. You own 100 shares in each of three companies. Each company pays a dividend. Gillette pays $1.15 per share in dividends. General Electric pays $.79 per share in dividends. Hershey Foods pays $ .84 per share in dividends. How much do you collect in dividends from all three companies? Explain how you got your answer.If the preference shares are cumulative and fully participating, how much is the dividends to be allocated to ordinary shareholders? 2.If the preference shares of OTSO CORP are cumulative and participating only up to 15%, how much is the dividends to be allocated to ordinary shareholders?Anzio, Inc., has two classes of shares. Class B has 15 times the voting rights as Class A. If you own 18% of the Class A shares and 27% of the Class B shares, what percentage of the total voting rights do you hold? Question content area bottom Part 1 The percentage of the total voting rights that you hold is enter your response here%. (Round to one decimal place.)
- A corporation has 800,000 ordinary shares outstanding, Recently, the corporation bought 100,000 shares of its own stock. At the end of the year, the corporation has P320,000 available to distribute to ordinary shareholders. What are the dividends paid per share? a. P0.40 b. P0.46 c. P2.19 d. P2.50A corporation purchases 10,000 shares of its own $20 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders' equity? Select one: O a. increase, $200,000 O b. increase, $350,000 Oc decrease, $200,000 O d. decrease, $350,000Origitech Corp has declared a dividend of $10,000. This dividend is payable to all 100 shareholders who hold ten shares apiece. What is the dividend price per share? Not enough information $10 $1,000 $100
- A shareholder purchased 1,000 shares in SJG Co on 1 January at a market price of GH¢2.50 per share. On 31December the shares had a market value of GH¢2.82 per share. The dividend paid during the period was GH¢0.27 per share. What is the total shareholder return?A firm has 500 stockholders, each of whom own $100 in shares. If the firm uses $10000 to repurchase shares, how many stockholders would remain, and what would be the value of their shares? Group of answer choices 400 shareholders with shares worth $100 400 shareholders with shares worth $120 500 shareholders with shares worth $80 400 shareholders with shares worth $80Andrews Company has $95,000 available to pay dividends. It has 2,000 shares of 10%, $100 par, preferred stock and 20,000 shares of $10 par common stock outstanding. The preferred stock is selling for $125 per share, and the common stock is selling for $20 per share. Required Question Content Area 1. Determine the amount of dividends to be paid to each class of shareholder for each of the following independent assumptions. If an amount box required no entry, leave it blank. a. Preferred stock is nonparticipating and noncumulative. Andrews CompanySchedule of dividends to be paid Preferred Common Preferred dividend Remainder to common Total Question Content Area b. Preferred stock is nonparticipating and cumulative. Preferred dividends are 2 years in arrears at the beginning of the year. Andrews CompanySchedule of dividends to be paid Preferred Common Dividends in arrears Current preferred dividend Remainder to common…
- All of the following statements pertain to dividends. Which of them is (are) true? a. Shareholders vote each year to declare and set the amount of the dividends to be paid.b. Dividends Payable is a current liability in the statement of financial position of the corporation.c. A 10% dividend on preference share capital means that each shareholder receives a cash dividend equal to 10% of the market value of the stock.d. All of these statements are true.Required information [The following information applies to the questions displayed below.] Raphael Corporation's common stock is currently selling on a stock exchange at $186 per share, and its current balance sheet shows the following stockholders' equity section: Preferred stock-5% cumulative, $_ par value, 1,000 shares $85,000 authorized, issued, and outstanding Common stock-$_ authorized, issued, and outstanding par value, 4,000 shares 200,000 330,000 Retained earnings 615,000 $ Total stockholders' equityYou own 87 shares of Costco Wholesale. They offer a $5.65 per share dividendHow much Current Income are you receiving from Dividends? DO NOT INCLUDE COMMAS OR
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