Partlow Company has the following stockholders’ equity:
Paid-in-capital
Preferred stock, 5%,$15par, 7000 shares authorized, 5,500 shares...
Partlow Company has the following stockholders’ equity:
Paid-in-capital
Preferred stock, 5%,$15par, 7000 shares authorized, 5,500 shares
issued.
82,500
common stock, $0.30 par, 1,200,000 shares authorized and
issued
360,000
paid-in-capital in excess of par-common
400,000
Total paid in capital
842,500
Retained Earning
260,000
Total stockholder's Equity
1,102,500
Requirements:
Is Partlow’s preferred stock cumulative or noncumulative? How
can you tell?
Partlow declares cash dividends of $30,000 for 2010. How much
of the dividends goes to preferred. How much goes to common?
Partlow...
Preferred Stock 5% $11 Par Value 5,500 shares authorized 4000
shares issued and outstanding
Common Stock...
Preferred Stock 5% $11 Par Value 5,500 shares authorized 4000
shares issued and outstanding
Common Stock $.20 Par Value 2,000,000 shares authorized
1,650,000 shares issued and outstanding
Requirement 1. Sapphire declares cash dividends of $ 28,000 for
2018. How much of the dividends goes to preferred? stockholders?
How much goes to common? stockholders? ?(Complete all input boxes.
Enter? "0" for any zero? amounts.) Sapphire?'s dividend would be
divided between preferred and common stockholders in this?
manner:
Total Dividend
Dividend to...
Brazee Company has the following paid-in capital:
Preferred stock, 6%, $5 par value, 100,000 shares authorized,...
Brazee Company has the following paid-in capital:
Preferred stock, 6%, $5 par value, 100,000 shares authorized,
40,000 shares issued and outstanding
$2,000,000
Common stock, $9 par value, 300,000 shares authorized, 220,000
shares issued and outstanding
$1,980,000
If the company pays a $70,000 dividend, and the preferred stock
is cumulative and two years' dividends are in arrears, what is the
amount the common stockholders will receive?
Multiple Choice:
A) $34,000
B) $46,000
C) $58,000
D) $70,000
Stockholders'
Equity:
5.5% preferred stock, $50 par
value, callable at $101 per share,
1200 shares
authorized………………..…..…………………….…….………….…………..…………….……………………......
Stockholders'
Equity:
5.5% preferred stock, $50 par
value, callable at $101 per share,
1200 shares
authorized………………..…..…………………….…….………….…………..…………….……………………...
$40,000
Common Stock, $1.5 par
value, 200000 shares
authorized……………………….....………………………………………………..…
216,000
Additional paid-in
capital:
Preferred
Stock…………………………...…………………….……...…………………………………………..
######
Common
Stock……………………………………………………….…………………..……….….…………………..
######
318,000
Retained
Earnings…………………………………………………...……...…………………………………………………………..
226,800
Total
stockholders' equity
$800,800
Questions:
How many shares of preferred stock
have been issued?
What is the total annual dividend
requirement on the outstanding preferred stock?
How many shares of common stock
have been isued?
What is the...
Preferred stock— $25 par value, 10,000 shares authorized, 5,200
shares issued and outstanding
$
130,000
Common...
Preferred stock— $25 par value, 10,000 shares authorized, 5,200
shares issued and outstanding
$
130,000
Common stock—$10 par value, 100,000 shares authorized, 80,000
shares issued and outstanding
800,000
Total paid-in capital
$
930,000
Retained earnings
550,000
Total stockholders’ equity
$
1,480,000
The number of issued and outstanding shares of both preferred and
common stock have been the same for the last two years. Dividends
on preferred stock are 8 percent of par value and have been paid
each year the...
At January 1, AAA Corporation had the following shareholders'
equity:
Share capital
$1 Preferred shares, noncumulative...
At January 1, AAA Corporation had the following shareholders'
equity:
Share capital
$1 Preferred shares, noncumulative
25,000 shares authorized, 8,000 shares issued
$160,000
Common Shares, 1,000,000 shares authorized
50,000 shares issued
750,000
910,000
Retained Earnings
425,000
Total Shareholders' Equity $1,335,000
On March 12, when the preferred shares have a market value of
$19, the bond of directors declared and paid a 10% preferred stock
dividend. On July 31, the board declared a 2-for-1 stock split on
the common shares. During...
Preferred shares,a authorized 100,000 shares; issued 33,000
shares $ 1,155,000
Common shares (unlimited authorized, 51,000 issued)...
Preferred shares,a authorized 100,000 shares; issued 33,000
shares $ 1,155,000
Common shares (unlimited authorized, 51,000 issued)
1,275,000
Contributed surplus 107,000
Total paid-in capital 2,537,000
Retained earnings 2,962,600
Total shareholders’ equity $ 5,499,600
a The preferred shares have a $2 dividend rate, are cumulative,
and participate in distributions in excess of a $3 dividend on the
common shares. Q. No dividends were paid in 2018 or 2019. On
December 31, 2020, Ayayai wants to pay a cash dividend of $5 per...
A
company has the following Stock Information:
Preferred stock, 6.5%, $50 par value, 100,000 shares
authorized,...
A
company has the following Stock Information:
Preferred stock, 6.5%, $50 par value, 100,000 shares
authorized,
20,000 shares issued and outstanding
1,000,000
Common Stock, $9 par value, 300,000 shares authorized,
175,000 shares issued and outstanding
1,980,000
The board of directors declared a cash dividend in the amount
of $80,000. (round to the nearest 2 decimal places)
a How much will the Preferred Stockholders receive in
total?
b How much will the Common Stockholders receive in
total?
c...
Sarasota Corp. has been authorized to issue 20,400 shares of
$100 par value, 6%, noncumulative preferred...
Sarasota Corp. has been authorized to issue 20,400 shares of
$100 par value, 6%, noncumulative preferred stock, and 1,140,000
shares of no-par common stock. The corporation assigned a $4 stated
value to the common stock. On December 31, 2022, the ledger
contained the following balances pertaining to stockholders’
equity. Preferred Stock $154,000 Paid-in Capital in Excess of Par
Value—Preferred Stock 21,400 Common Stock 1,980,000 Paid-in Capital
in Excess of Stated Value—Common Stock 1,550,000 Treasury Stock
(4,100 common shares) 32,800 Retained...
TFlounder Corporation has outstanding
9,300 shares of $100 par value, 6% preferred stock and 62,300
shares...
TFlounder Corporation has outstanding
9,300 shares of $100 par value, 6% preferred stock and 62,300
shares of $10 par value common stock. The preferred stock was
issued in January 2020, and no dividends were declared in 2020 or
2021. In 2022, Flounder declares a cash dividend of $328,000.
(a) Assume that the preferred are
noncumulative.
How much dividend will the preferred stockholders
receive?
Preferred stockholders would receive
$enter a dollar amount
How much dividend will the common stockholders receive?
Common...