Reference no: EM13862463
Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike Corp. has declared the following annual dividends over a six-year period ended December 31 of each year: 2009, $24,000; 2010, $10,000; 2011, $126,000; 2012, $100,000; 2013, $125,000; and 2014, $125,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% stock, $90 par, and 100,000 shares of common stock, $4 par.
1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears on January 1, 2009. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0".
2. Determine the average annual dividend per share for each class of stock for the six year period. Round your answers to two decimal places.
3. Assuming a market price of $100 for the preferred stock and $5 for the common stock, calculate the average annual percentage return on initial shareholders' investment, based on the average annual dividend per share (a) for preferred stock and (b) for common stock. Round your answers to one decimal place.
What is the maximum transfer capability of system
: What is the maximum transfer capability of the following system to supply a constant PQ load at 0.8 lag power factor. How much can this transfer capability be increased by installing capacitor banks
|
Explain why some production costs
: Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..
|
Review the news headline regarding exploding air bags
: Based on the news headline, outline and explain two (2) other types of torts a business may be liable for and explain why. (Do not use the video example as one of your own suggestions.) Then, explore some of the steps a company may take to avoid liab..
|
Determine total dividends and the per-share dividends
: Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. Th..
|
Discount rate to compute the npv
: Use a 5 percent discount rate to compute the NPV of each of the following series of cash receipts and payments.
|
Determine the equation for the unit formulation
: Determine the equation for the unit formulation and If a company took 100 hours to assemble their first unit and 90 hours to assemble the second unit.
|
What are the internal challenges that peter loscherfaces
: How did Siemens get itself into this situation? What are the internal challenges that Peter Loscherfaces? Critically evaluate Loscher's performance in responding to the challenges they identified
|
Assumed for legitimate business purposes
: Anna transferred land with an adjusted basis to her of $20,000 and a fair market value of $56,000 to Elm Corporation in exchange for 100% of Elm Corporation’s only class of stock. The land was subject to a liability of $26,000, which Elm assumed for ..
|