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Question - Dividends Per Share
Lightfoot Inc., a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 3% stock, $20 par, and 38,000 shares of $50 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $6,900; second year, $11,400; third year, $65,720; fourth year, $120,220.
Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".
These 15 year bonds pay 7% annually on a $1,000 par value. If the bond is purchased at market price, what is the expected rate of return
The contract rate of interest is 10%. Market rate of interest is 12%. Calculate the amount of interest paid in 2017. Show details of your calculations
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If I used the above straight-line bond amortization table how or explain the journal entry - The second interest payment on December 31, 2018
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Average storage bin usage for various inventories was estimated to be 200 per day. The costs and cost drivers were determined to be as follows:
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