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If a company has stock outstanding as follows: 25,000 shares of 1% nonparticipating, cumulative preferred stock of $100 par, and 250,000 shares of $50 par common; how do I calculate the dividends per share on each class of stock for each of the five years for dividends distributed of: first year,...
Calculate the dividends per share on each class of stock for each yr
Fiji INC. a developer of radiology equipment, has a stock outstanding as follows: 25,000 shares od 1% cumulative preferred stock of $100 par, and 250,000 shares of $50 par common. During its first five years of operations, the following amounts were distributed as dividends: first year none;...
Net income = $182 ... Year1... Year2 Preferred stock, $5 par, 15%... $120... $120 Common stock, $10 par... $220... $220 Additional paid-in capital-common stock... $110... $110 Retained earnings... $1050... $940 Ttl stockholders' equity... $1500... $1390
Quark company earned $90,000 in income and paid cash dividends of $10,000 to preferred shareholders during the current year. Quark had 12,500 weighted-average shares of common stock outstanding for the year. Calculate the company's earnings per share.
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