User Account

All Pages

What is the total amount of dividend paid

Assignment Help Accounting Basics
Reference no: EM131961859

Question - A company has $10 par common stock outstanding with a total par value of $4,000,000 and 5%, $50 par cumulative, nonparticipating preferred stock with a total par value of $3,000,000. No dividend was declared on the stock in the last year. In the current year, the company earned a net income of $1,700,000 and dividends paid, included a dividend of $3 per share on the common stock. What is the total amount of dividend paid to shareholders in the current year?

Reference no: EM131961859

Questions Cloud

Does your company use price discrimination : Does your company use price discrimination? Explain how the practice works of direct and indirect price discrimination works and estimate
Post a response of the given scenario : Management would like to just implement one of Deming's points each year. First, which of the points do you think is most important and why?
What is the gross profit percentage : Question - If net sales are $560,000, Cost of goods sold ($200,000) and Gross profits are $360,00? What is the gross profit percentage
Value of marginal product : How is Apple Inc. marginal product of labor related to the value of its marginal product? Provide a chart if applicable
What is the total amount of dividend paid : No dividend was declared on the stock in the last year. What is the total amount of dividend paid to shareholders in the current year
Why education should be a priority in the developing world : Outline the most significant obstacles to obtaining an education in developing countries. why education should be a priority in the developing world.
If autonomous government spending increases : If autonomous government spending increases by 100, by how much will output Y increase
How do you interpret the two regressions : In a regression of average wages (W, $) on the number of employees (N) for a random sample of 30 firms. How do you interpret the two regressions?
Why has the price of eggs risen : Why has the price of eggs risen? What does this have to do with substitution and income effect

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