How much total cash is distributed to common stockholders

Assignment Help Financial Accounting

Reference no: EM132771455

Assume that on December 31, 2019, The Villages Company has outstanding 9,000 shares of $25 par, 5% cumulative, preferred stock and 50,000 shares of $5 par common stock. The Villages was unable to declare a dividend in 2017 or 2018 but wants to declare a $95,000 dividend for 2019. As of December 31, 2019, the fair market value of the preferred shares is $32 per share and the fair market value of the common shares in $22 per share.

REQUIRED:

Problem A. How much total cash is distributed to preferred stockholders?

Problem B. How much total cash is distributed to common stockholders

Reference no: EM132771455

Questions Cloud

What will the eliminating entries : On June 1, 2020 A Corp sold inventory to B Corp with the cost of 50,000 and selling price of 100,000. What will the eliminating entries

What is job evaluation : What is job evaluation, how does it differ from job analysis and how is it used in establishing an equitable internal job structure?

What is the eligibility for the fnp certification : The ANCC Family Nurse Practitioner board certification examination is a competency based examination that provides a valid and reliable assessment of the.

Which statement relating to reporting period ending at dec : Disposal costs would be £10,000. Which of the following statement relating to the reporting period ending at 31 December 2017 is correct?

How much total cash is distributed to common stockholders : How much total cash is distributed to common stockholders. Assume that on December 31, 2019, The Villages Company has outstanding 9,000 shares of $25 par

What standard and isolation precautions : You have a patient with a suspected skin infection on his leg. What standard and isolation precautions do you need to follow? Why?

Weaknesses of caterpillar competitive advantages : Analyze the strengths and weaknesses of Caterpillar's competitive advantages.

Understanding of disease transmission and human evolution : How has COVID-19 changed our understanding of disease transmission and human evolution?

Plan for either work or in your personal life : Think about the last event you had to plan for either work or in your personal life.

User Account

All Pages