The company showed profit of 1500000 it authorized payment

Assignment Help Accounting Basics
Reference no: EM13601797

The company showed profit of $1,500,000. It authorized payment of $200,000 in dividends. They have the following stock outstanding 50,000 shares of common stock 500 shares of $200 par value, 5% cumulative preferred stock.What was the company's dividend per share of common stock?

Reference no: EM13601797

Questions Cloud

Hg wells once said statistical thinking will one day be as : h.g. wells once said statistical thinking will one day be as necessary for efficient citizenship as the ability to read
Your firm usually uses about 200 to 300 tons of steel per : your firm usually uses about 200 to 300 tons of steel per year. last year you purchased 100 tons more steel than needed
Dan is working to get through his general education : 1. dan is working to get through his general education requirements at a local community college. as a result he is
Alson in moving from point a in a particular circuit to : in moving from point b in a particular circuit to point a an electron gains 4 aj of potential energy. what is the
The company showed profit of 1500000 it authorized payment : the company showed profit of 1500000. it authorized payment of 200000 in dividends. they have the following stock
Find the probability that the group receives exactly 15 : 1. an industrial engineer who is studying the clerical staffing of a physicians group practice must decide whether
Moving a charge from point a where the potential is 380v to : moving a charge from point a where the potential is 380v to point b where the potential is 190 v takes 4.1times10-4 j
You currently pay 10000 per year in rent to a landlord for : you currently pay 10000 per year in rent to a landlord for a 100000 house which you are considering purchasing. you can
A manufacturing company produces and sells 20000 units of : a manufacturing company produces and sells 20000 units of a single product. total products costs are 14 per unit. if

Reviews

Write a Review

Accounting Basics Questions & Answers

  Interest using the acquisition method

On January 1, 2009, Glenville Co. acquired 80,000 of the 100,000 shares outstanding in Acron Corp. for $500,000. The fair value of Acron's net assets was $600,000 and Glenville will account for its interest using the acquisition method.

  Explain how an auditor defines

Explain how an auditor defines or describes what a material misstatement would be for a particular client from both a qualitative and quantitative perspective.What is the audit risk model discuss each of the risk factors in this model and the rela..

  Record entries for any items on the bank reconciliation

1. on march 31 2013 home decorating pavilion received a bank statement containing a balance of 9750. the balance in the

  Problem on straight line method of depreciation

Abbey Ltd purchased machinery on 1 October 2010 for $80 000. The estimated useful life of the machinery is 5 years, with an estimated residual of $5000. The entity's balance date is 30 June, and it uses the straight line method of depreciation. On..

  Prepare the investments section of the balance sheet

Common stock of Ely Inc. (30% ownership), cost $210,000, equity $270,000. Prepare the investments section of the balance sheet.

  Determine the depreciation

A Kubota tractor acquired on January 9 at a cost of $75,000 has an estimated useful life of 20 years. Assuming that it will have no residual value, determine the depreciation for each of the first two years:

  Calculate the amount of after-tax cash flow available to

shawn bates was working to establish a business enterprise with four of his wealthy friends. each of the five

  The supplies count on december 31 2011 reflected 240

data not yet recorded at december 31 2011 included a. the supplies count on december 31 2011 reflected 240 remaining

  Management has studied work patterns in the housekeeping

your hospital has been approached by a major hmo to perform all their ms-drg 470 cases major joint procedures. they

  A company normally sells a product for 20 per unit variable

a company normally sells a product for 20 per unit. variable per unit costs for this product are 2 direct materials 4

  Net cash flow from operating activities

Prepare a report of net cash flow from operating activities.

  Define the concept of a real option

Define the concept of a real option. Discuss some of the various real options a firm can be confronted with when investing in real projects.

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