Dividends per sharemichelangelo inc a software development

Assignment Help Accounting Basics

Reference no: EM13578686

Dividends Per Share:Michelangelo Inc., a software development firm, has stock outstanding as follows: 30,000 shares of cumulative 2%, preferred stock of $25 par, and 38,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $5,700; second year, $8,100; third year, $66,160; fourth year, $133,940.

Calculate the dividends per share on each class of stock for each of the four years. Round all answers to the nearest cent. If no dividends are paid in a given year, enter "0".

	1st Year	2nd Year	3rd Year	4th Year
Preferred	$	$	$	$
Common	$	$	$	$

Reference no: EM13578686

Questions Cloud

What would be the effect on the u201cnet increase or : 1. journalize the six adjusting entries required at march 31 based on the data presented.2. what would be the effect on

Colie company had an increase in inventory of 120000 the : colie company had an increase in inventory of 120000. the cost of goods sold was 490000. there was a 30000 decrease in

Assume a company sells a given product for 85 per unit how : 1assume a company sells a given product for 85 per unit how many units must be sold to break even if the variable

Tell what accounts are affected in order and by how much : sales were 64000. cost of merchandise sold was 60 of its sales price. 60 of the sales were on open account. note record

Dividends per sharemichelangelo inc a software development : dividends per sharemichelangelo inc. a software development firm has stock outstanding as follows 30000 shares of

A randomized controlled trial is run to evaluate the : question a randomized controlled trial is run to evaluate the effectiveness of a new drug for asthma in children. a

Altidore inc operates a calendar-year-end business that : scenario altidore inc. operates a calendar-year-end business that suffers from dramatic seasonal variation in taxable

On july 1 2014 linden company purchased the copyright to : on july 1 2014 linden company purchased the copyright to norman computer tutorials for 140000. it is estimated that the

What are the four things that must be done to remove the : what are the four things that must be done to remove the bonds from the books in an early retirement?no words

User Account

All Pages