Reference no: EM132993217
Riverbed Company's ledger shows the following balances on December 31, 2020. 6% Preferred Stock-$10 par value, outstanding 20,100 shares$ 201,000
Common Stock-$100 par value, outstanding 31,700 shares3,170,000
Retained Earnings579,000
Problem 1: Assuming that the directors decide to declare total dividends in the amount of $ 399,000, determine how much each class of stock should receive under each of the conditions stated below. One year's dividends are in arrears on the preferred stock.
(a) The preferred stock is cumulative and fully participating. (Round the rate of participation to 4 decimal places, e.g.1.4278%. Round answers to 0 decimal places, e.g. $38,487.)
(b) The preferred stock is noncumulative and nonparticipating. (Round answers to 0 decimal places, e.g. $38,487.)
(c) The preferred stock is noncumulative and is participating in distributions in excess of a 9% dividend rate on the common stock. (Round the rate of participation to 4 decimal places, e.g.1.4278%. Round answers to 0 decimal places, e.g. $38,487.)
How you would communicate to the client
: Write a new patient encounter report explaining the concepts below and how you would communicate to the client and perhaps her daughter
|
What is the capital of Amy after Lorna retirement
: After the adjustment, Lorna received P15,000 for her capital interest. What is the capital of Amy after Lorna's retirement
|
What would be the bond price if comparable debt yields
: A $1,000 bond has a coupon of 6 percent and matures after twelve years. What would be the bond's price if comparable debt yields 7 percent?
|
Crisis and risk management plan
: Identify possible areas of deficiency in a typical hospital, and provide a comprehensive crisis and risk mitigation plan that ensures quality care
|
Determine how much each class of stock should receive
: Assuming that the directors decide to declare total dividends in the amount of $ 399,000, determine how much each class of stock should receive
|
What is the cost of Job at the end of the month
: During the month, Jobs JB111 and JB115 were completed but not billed to customers. What is the cost of Job JB120 at the end of the month
|
Compute what should be the price of the bond
: If the current rate of interest on comparable debt is 8 percent, what should be the price of this bond? Assume that the bond pays interest annually.
|
What is the potential gain in AUD dollar
: Is there any arbitrage profit possible? Set up an arbitrage scheme with the extra cash, disregarding bid-ask spread. What is the potential gain in AUD dollar
|
What amount should be included in profit or loss
: What amount should be included in profit or loss in 20X9 in result of the reclassification on the equipment property, plant and equipment
|