Solution-Compute the amount of cash dividends per share

Compute the amount of cash dividends per share

Assignment Help Accounting Basics

Reference no: EM132676903

Question - ABC Company paid cash dividends totaling $150,000 in 2012 and $75,000 in 2013. In 2014, ABC intends to pay cash dividends of $800,000. Compute the amount of cash dividends per share to be received by common stockholders in 2014 under each of the following assumptions. Treat each case independently. There were no dividends in arrears as of January 1, 2012.

Case Assumption -

(1) 25,000 shares of common; 100,000 preferred shares of $3 cumulative dividend per preferred share.

(2) 25,000 shares of common; 50,000 preferred shares of $3 noncumulative dividend per preferred share.

(3) 25,000 shares of common; 70,000 preferred shares of 6 percent, $100 par cumulative preferred shares.

Reference no: EM132676903

Questions Cloud

Calculate the amount that Huey is required : The second nephew, Dewey, received Uncle Goofy's automobile, which was worth $35,000, when he died. Calculate the amount that Huey is required

Calculate the balance of the decommissioning obligation : Calculate the balance of the decommissioning obligation at each 31 December, from 20X5 to 20X8. Calculate the present value of the decommissioning obligation

Describe three items that the organization can use : List and describe three items that the organization can use to analyze their specific requirements prior to selecting a payroll solution

Calculate late filing penalty for missing filing deadline : Calculate the late filing penalty for missing the filing deadline and explain any possible additional costs to the employer related to this oversight

Compute the amount of cash dividends per share : In 2014, ABC intends to pay cash dividends of $800,000. Compute the amount of cash dividends per share to be received by common stockholders

Leadership roles and responsibilities in your organization : How can you apply the conclusions of your assessment and analysis to leadership roles and responsibilities in your organization?

Explanation of the appropriate accounting considerations : Evaluate the following situations and an explanation of the appropriate accounting considerations for each. If journal entry is required then appropriate entry

Organizational structure-job design will impact plan overall : Identify how organizational structure and job design will impact plan overall. What are your team's specific suggestions with respect to structure-job design.

The path to information value : We have learned from "The Path to Information Value" that 70% (seventy percent) of managers and executives say data are "extremely important"

User Account

All Pages

Compute the amount of cash dividends per share

Reference no: EM132676903

Reference no: EM132676903

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT