User Account

All Pages

How much is the total dividend payable to the ordinary share

Assignment Help Financial Accounting
Reference no: EM132869297

Question - The lonesome corporation had the following classes of share outstanding as of December 31, 2021?

6% cumulative Preference share capital, 100 par, 2,000 outstanding shares outstanding 200,000

Ordinary share capital, 20 par, 20,000 shares outstanding 400,000

No dividends were paid during 2020 and 2021. On December 31, 2021, 200,000 cash dividends were declared.

Required -

1. If the preference share is participating up to 10%, how much is the dividend per preference share?

2. If the preference share is fully participating, how much is the total dividend payable to the ordinary shareholders?

Reference no: EM132869297

Questions Cloud

How much is presented as part of the current liabilities : Tokwa Co, How much is presented as part of the current liabilities in relation to the loan in Tokwa's 2020 year-end financial statements?
Complete lecture activity australian bicycles : Complete lecture Activity Australian Bicycles step 1 and 2 Australian Bicycles is a small bicycle company that builds and sell specialist racing bicycles
What is the npv of a project for green landscaping inc : Green Landscaping cost of capital is 6.63 percent. What is the NPV of a project if the initial costs are $2,385,824 and the project life is estimated as 11 year
References required experience from 2020 pandemic : Almost all the individuals were experiencing a different circumstance during the past ten months. Think about a situation during these days where your values
How much is the total dividend payable to the ordinary share : If the preference share is fully participating, how much is the total dividend payable to the ordinary shareholders
How will you track each students performance : How will you track each students performance? Will it done electronically, mentally, in a paper, worksheet or some other way?
Market power by pooling-negotiating or vertical integration : Based on your analysis of Harley-Davidson to date and its merger, Find ways to enhance market power by pooling and negotiating or vertical integration.
Complexity of modifiable risk factor behaviour : Identify a health behaviour theory that may be appropriate to explain the behaviour, and can be used as the basis for an intervention to modify that behaviour
Define quality in mental health care services : What kind of outcomes would you use to measure quality in a mental health setting? what are someof those things you want to consider on how your agency defines

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compute the company return on assets

Compute the company's return on assets, profit margin, and asset turnover, both with and without the new product line.

  The total variable cost at the activity level

Hettinger Hospital bases its budgets on patient-visits.- The total variable cost at the activity level of 9,000 patient-visits per month should be:

  Illustrate what amount of loss will black corporation

At the time of the liquidating distribution, the land had a fair market value of $100,000. Illustrate what amount of loss will Black Corporation recognize on the distribution of the land?

  What is earl inc return on equity

If Earl Inc.'s cost of debt is 3%, what is Earl Inc.'s return on equity for 2018? Earl Inc. had return on assets for 2018 of 8% and a debt/equity ratio of 0.8.

  What is its present value

An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $400 at the end of Year 5, what is its present value

  Prepare the journal entries to record the exchange

Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance.

  How should cottesloe ltd account for the vesting condition

How should Cottesloe Ltd account for the vesting conditions? Cottesloe Ltd has granted its managing director 50 000 share options conditional

  Find what are major components of comprehensive income

Why do stock-based compensations become more important? What is a cash dividend? What is the stock dividend, and stock split? What are the main effects of each?

  Explain the significance of roa and roe

Explain the significance of ROA and ROE. How are they different from each other? What insight do they provide to the user of the financial statements?

  What amount must kook corporation include income statement

The facility was completed in early 2020. What amount must Kook Corporation include in its 2020 income statement as income from the government?

  Compute the post-closing trial balance

Prepare the closing entries. Use J14 for the journal page. Post the closing entries. Use the three-column form of account. Income Summary is account No. 350. Prepare a post-closing trial balance.

  What is the change in net working capital

At the end of the year, the current assets were $122,418 and the current liabilities were $103,718. What is the change in net working 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