User Account

All Pages

Determine dividends per share for preferred and common stock

Assignment Help Accounting Basics
Reference no: EM131939060

Question - Oceanic Company has 25,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $5 par common stock.

The following amounts were distributed as dividends:

Year 1 $100,000

Year 2 20,000

Year 3 150,000

Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.

Reference no: EM131939060

Questions Cloud

Journalize the entries required on june : Journalize the entries required on June 8, July 13, and August 12. For a compound transaction, if an amount box does not require an entry, leave it blank
How well do you know your patients : One aspect of patient-centered care is fostering a culturally sensitive and diverse clinic environment that makes patients feel more welcome. What are some ways
What is steven net pay : Steven McFarland's weekly gross earnings for the week ended April 22 were $1,906, what is Steven's net pay
How does proposed corporate tax rate reduction impact : How does a proposed corporate tax rate reduction impact your capital structure decisions in your opinion?
Determine dividends per share for preferred and common stock : Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places
Democracies as a means to empower different groups : Devolution the process by which power is granted to lower levels of government, occurs in both new democracies dealing with issue of inclusion
Compute the standard error of the average : Compute the standard error of the average. Use the standard error to set a 95% confidence interval for the mean pulse rate of distance runners.
What is quantity standard and the price standard : What is the quantity standard and the price standard in your peer’s example?
Journalize the entries to record the transactions : Declared cash dividends of $3.00 per share on preferred stock and $0.06 per share on common stock. Journalize the entries to record the transactions

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd