User Account

All Pages

What is the total amount of the dividend

Assignment Help Accounting Basics
Reference no: EM133029020

Question - CT, Inc. has 10,000 shares of 8% P50 par preference shares and 100,000 shares of P4par ordinary shares outstanding. Two years' preference dividends are in arrears. It declared cash dividends large enough to pay preference dividend in arrears, the preference dividends for the current period, and a P1.50 dividend to ordinary. What is the total amount of the dividend?

a. P270,000

b. P260,000

c. P255,000

d. P225,000

Reference no: EM133029020

Questions Cloud

Determine the dollar AIC : Determine the dollar AIC and the dollar cash flow that DVR Inc. would have to pay under a currency swap where it borrows ¥1,750,000,000
Maintain good working relationships : -Using the STAR method, as outlined in the Youtube Video shown in class, answer the following Competency based questions
Prepare the December shareholders equity section : Prepare the December 31, 2021 shareholders' equity section. Assume 2021 net income was $450,000 and comprehensive income was $455,000
Explain the role of an operational plan : Explain the role of an operational plan in achieving the organisation's objectives - Discuss what stakeholders may be involved in the development and management
What is the total amount of the dividend : The preference dividends for the current period, and a P1.50 dividend to ordinary. What is the total amount of the dividend
Minimize conflict and increase performance output : USA-based multinational organizations must work with expatriate employees in other nations and in-country national employees.
What is the balance in the bad debt expense account at year : Received a cheque from a customer whose account was previously written off: 2880. What is the balance in the bad debt expense account
Development and management of operations plan : Manage business operational plans - development and management of operations plan including escalation points, colleagues and specialist resource managers
Find a data breach case in the past five years : Find a Data Breach case in the past five years (other than Uber) and provide answers to the following questions:

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