Definition Definition Type of stock which is granted priority over dividend distributions as compared to common stockholders. Preferred stocks also do not carry any voting rights. Notably, in a case where a company is going to be liquidated, preferred stockholders have a priority claim on the value of assets of the company as quoted in the balance sheet, as compared to the common stockholders.
Chapter 15, Problem 11C
1.
To determine
Identify the number of preferred shares were authorized and issues at the end of 2012.
2.
To determine
Identify the number of preferred shares were authorized and issues at the end of 2012 and identify the par value per share.
3.
To determine
Identify the term the company used for its additional paid in capital and state the amount at the end of 2012.
4.
To determine
Identify the number of treasury stock held by the company at the end of 2012 and state the average cost per share.
5.
To determine
Identify the number of shares that company reacquire in 2012 and state the average cost per share.
6.
To determine
Describe the Company’s 2008 equity plan. Identify the weighted average fair value of the share options the company granted in 2012. State the stock based compensation of company for 2012 and where it was reported. Identify the number of share options were granted and exercised in 2012, and identify the number of outstanding options at the end of 2012. State the weighted average price per share were the options exercised in 2012.
Suppose a stock had an initial price of $40 per
share, paid a dividend of $1.50 per share
during the year, and had an ending share price
of $50. Compute the percentage of total return.
A) 27.5%
B) 28.75%
C) 30.5%
??
what are the net sales for the year?
Chapter 15 Solutions
Intermediate Accounting: Reporting and Analysis (Looseleaf)