Dividends received by common stock-holders

Assignment Help Accounting Basics
Reference no: EM13122777

Berman Inc. has 1,000 shares of 8%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2009, and December 31, 2010. The board of directors declared and paid a $3,000 dividend in 2009. In 2010, $12,000 of dividends are declared and paid.

What are the dividends received by the common stockholders in 2010?

Reference no: EM13122777

Questions Cloud

Probability that plane did not catch up one after two hours : The second plane's speed is also normally distributed with mean and standard deviation 500and 10,respectively. What is the probability that plane 2 did not catch up to plane one after two hours of flight?
Focus your attention and time : In today's society all too often people have to wear many different hats. Responsibilities stem from work, family, friends, household, school, etc. It is no wonder that attention must be divided among so many different areas.
Illustrate what is the price of this stock today given : it reaches the industry average of 2 percent dividend growth, after which the company will keep a constant growth rate forever. Illustrate what is the price of this stock today given a required return of 12 percent?
The use of visual elements : While APA-style citation and format is required, you do have the flexibility in the design of your Course Project to include a visual element. How does the use of visual elements enhance or detract from the presentation of research? Will you add grap..
Dividends received by common stock-holders : The board of directors declared and paid a $3,000 dividend in 2009. In 2010, $12,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2010?
Compare mean score from population of all student : Her students this semester can be considered a sample from the population of all students she might teach, so she compares their mean score with 72.
Question about graphing linear equations : I need a response to this question: You are tutoring a friend who is just learning how to graph linear equations with two variables. How will you describe at least two methods of graphing lines?
Widgets for production : Kasten, Inc. budgeted 10,000 widgets for production during 2010. Kasten has capacity to produce 12,000 units. Fixed factory overhead is allocated to production. The following estimated costs were provided:
What is the major problem with assumption : Assume that your students are a sample of all fourth graders in your state and you can use your student data to test some ideas. What is the major problem with your assumption.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Fasb codification-inventory research

What is the formal definition in the glossary of the term "Inventory?" What is the Codification topic number for inventory? What types of entities are not covered by the guidance in the Inventory Topic? (Provide the Codification reference for your ..

  Important concept for management-financial statements

Why do you think present value is an important concept for management to understand? Do you think it should be used for all financial statements items, why or why not?

  Probability calculations for aircraft alternator

A certain airplane has two independent alternators to provide electrical power. The probability that a given alternator will fail on a 1-hour flight is .02. What is the probability that

  Eitf reporting implications for reporting

Assess how a company's accounting and financial reporting is likely to be impacted by the work being done by the EITF on this issue.

  Define difference between sales journal and accounts

Can you distinguish between accuracy of tests of gross accounts receivable and tests of the realizable value of receivables?

  What is the ending oaa balance

If the beginning balance in OAA is $3,900, and the following transactions occur, what is the ending OAA balance?

  Character of income-partnership interest

How much income must Dave report for the tax year and what is the character of the income? What is Dave's basis in his partnership interest at the end of the tax year?

  What is the amount of depletion

In January, 2012, Yoder Corporation purchased a mineral mine for $5,100,000 with removable ore estimated by geological surveys at 2,000,000 tons.

  Calculate the npv and profitability index

Calculate the NPV, and the Profitability Index (PI) for this project. Should this project be undertaken?

  Calculate net income-balance in retaining earnings

Calculate the amount of additional investment that the stockholders made during 2011. Assuming that the corporation declared and paid $10,000 in dividends during 2011, calcuate the amount of net income earned by the corporation during 2011.

  Writing the page memorandum

Write down a one-half page memorandum (at least 2 paragraphs) to Terrio explaining why the $6,000 loss on sale of Blackhawk stock is

  Discuss why a buyer may want to order on a bill

Discuss why a buyer may want to order on a bill and hold basis. Why might a seller want to classify an order as bill and hold if it does not meet the above criteria?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd