Reference no: EM132589020
Questions -
Q1. On December 31, 2018, Adelphi Corporation has outstanding 1,000 shares of $100 par value, 7% cumulative and nonparticipating preferred stock, and 15,000 shares of $10 par value common stock. Preferred dividends were paid in 2016 but were not paid in 2017. During 2018, Alpha distributed $45,000 in dividends. Use this information to determine for 2018 the dollar amount of dividends that will be distributed per Common Share. Round answer to closest cent.
Q2. On December 31, 2018, Adelphi Corporation has outstanding 1,000 shares of $100 par value, 7% cumulative and nonparticipating preferred stock, and 15,000 shares of $10 par value common stock. Preferred dividends were paid in 2016 but were not paid in 2017. During 2018, Alpha distributed $45,000 in dividends. Use this information to determine for 2018 the dollar amount of dividends that will be distributed per Common Share. Round answer to closest cent.
Q3. On March 1, 2019, Baltimore Corporation had 100,000 shares of common stock outstanding with a par value of $5 per share. On March 1, Baltimore Corporation authorized a 20% stock dividend when the market value was $20 per share. Use this information to calculate the amount either (debited) or credited to retained earnings. Enter as a negative number if retained earnings is debited and a positive number if retained earnings is credited.
Q4. The Common Stock account for Baltimore Corporation on January 1, 2018 was $75,000. On July 1, 2018 Baltimore issued an additional 5,000 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income was $123,500. Use this information to determine for December 31, 2018 the amount of Earnings per Share (rounded to the nearest cent).
Q5. For the FY 2018, Dorchester Company's balance sheet included the following current items: cash $47,000, accounts receivable $111,000, inventories $76,000, prepaid expenses $25,000, accounts payable $92,000, and accrued expenses $55,000. Use this information to determine the Current Ratio. (Round & enter your answers to one decimal place.)
Q6. For the FY 2018, Frederick Company had net sales of $1,200,000 and net income of $70,000, paid income taxes of $20,000, and had before tax interest expense of $15,000. Use this information to compute the Times Interest Earned Ratio. (Round your answers to one decimal place)
|
Geographically dispersed teams collaborate effectively
: How do geographically dispersed teams collaborate effectively? find at least three tools on the market that teams can use to collaborate on a geographically
|
|
How much money should anderson receive from the liquidation
: If only Hammond is personally insolvent, how much money should Anderson receive from the liquidation
|
|
Security architecture and design
: Consider the reputation service and the needs of both individual consumers and large organizations that are security conscious.
|
|
Hash function to ensure security of online communication
: Explain how can we use Hash function to ensure the security of online communication? How can we use Hash functions for intrusion and virus detections?
|
|
Compute the Times Interest Earned Ratio
: Frederick Company had net sales of $1,200,000 and net income of $70,000, paid income taxes of $20,000, Compute the Times Interest Earned Ratio
|
|
Biometric system evaluation
: Identify the correct advantages of each biometric method. identify the correct advantages and disadvantages of each listed biometric type.
|
|
What are total assets at the end of may
: May 15: First customer paid her $4,500 to keep books for the company for the next 3 months. What are total assets at the end of May
|
|
Qualitative trial project
: critiquing and analyzing qualitative methodologies and results, looking for research gaps, and selecting theoretical frameworks.
|
|
What level of sales would generate a net income
: What level of sales would generate a net income of $4.2m for the following year, knowing that operating costs will increase by 7.5%, and given a 35% tax rate
|