Common proportional share

Assignment Help Accounting Basics

Reference no: EM131012743

Andrews Company has $80,000 available to pay dividends. It has 2,000 shares of 10%, $100 par, preferred stock and 30,000 shares of $10 par common stock outstanding. The preferred stock is selling for $125 per share, and the common stock is selling for $20 per share. Preferred stock is fully participating and cumulative. Preferred dividends are 1 year in arrears at the beginning of the year. I need to know the preferred 1) dividens in arrears 2) current preferred dividends 3) common proportional share 4)preferred remainder and common remainder.

Reference no: EM131012743

Questions Cloud

Calculate earnings per share and EPS : Suppose a company has no debt outstanding and a total market value of $90,000. Earnings before interest and taxes, EBIT, are projected to be $8,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 20 p..

How long will it take you to pay off the loan : You have an outstanding student loan with required payments of $600 per month for the next four years. The interest rate on the loan is 10% APR (monthly). Now that you realize your best investment is to prepay your student loan, you decide to prepay ..

Incorporates our agreement : Argot wrote Palm offering to sell him specified merchandise with the offer to remain open 30 days. Ten days later, Argot and Palm orally agreed on the terms of the sale, and Argot prepared a latter which he sent to Palm stating, "This incorporates o..

Incremental borrowing rate : Flying Monkey Enterprise and Planes Inc. separately approach you (Magical Financial Consultants) to design a lease. The specifics are as follows. Lessee: Flying Monkey Enterprise. Incremental borrowing rate is 12%. Lessor: Planes Inc. (A plane man..

Common proportional share : Andrews Company has $80,000 available to pay dividends. It has 2,000 shares of 10%, $100 par, preferred stock and 30,000 shares of $10 par common stock outstanding.

Harco is a retailer of appliances : Harco is a retailer of appliances. Harco buys its inventory from RST. Inc., the manufacturer. To finance its inventory, Harco buys appliances from RST on credit, signing a promissory note and giving RST a security interest in the inventory. RST pe..

Calculate the internal resultant normal force n : Beam AC has been cut at D, and the left section free-body diagram is shown. Calculate the internal resultant normal force N, shear force V , and bending moment at D, M. Use the sign convention for internal resultant loading in a beam.

A retail outlet of a large sporting goods company : Marsha has recently been hired to work in sales at a retail outlet of a large sporting goods company. Marsha receives a base salary and a bonus depending on the amount of sales that he makes in a month. She earns a bonus in any month that her sales a..

Powder surf is a manufacturer of snow board : Powder surf is a manufacturer of snow board. Powedersurf is an aggressive marketer, and new to this product line. Powedersurf has adopted several strategies to help it rapidly build market share. One approach was to make the designs and graphics of s..

User Account

All Pages