I don't understand this. Please explain
Cumulative preferred stock means, preferred stockholders will be eligible for a fixed dividends per year. if any of the year dividends not paid to preferred stockholders, it will accumulate to next year.
in given case, preferred stock dividend per year will be : 1,000*8%*$50 = $4,000
but, in first year total dividend declared is $3,000 only. so entire amount will give to preferred stockholders and balance will pay in next year.
in 2nd year 4,000 for 2nd year dividend plus $1,000 for 1st year dividend, total 5,000 will declare to preferred stockholders
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I don't understand this. Please explain 2 HEP Corporation has 1,000 shares of 8%, $50 par...
How come you put 8,000 for common stock if it's non
cumulative but leave it blank if it is cumulative?
3/25 Payment date common stock Draends 100,ooo common stock 100,000 2 HEP Corporation has 1,000 shares of 8%, $50 par value cumulative preferred stock and 50,000 shares of $10 par value common stock outstanding. Sox.099 4/Shorex Shore x 1000 shares = 4,000 (es) Allocate the dividends for the following years: lings 2011 2012 2013 Dividends declared $3,000 $6,000 $12,000 Preferred...
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Wade's outstanding stock consist of 40,000 shares of non-cumulative 7.5% preferred stock with a 10 par value and also 10,000 shares of common stock with a $1 par value. During its first four years of operation the corporation declared and paid the following total cash dividens 2011 2012 2013 2014 $ 10,000.00 $ 35,000.00 $ 100,000.00 $ 196,000.00 $341,000.00 Determine the distribution of dividends between common & preferred stockholders each year and in total. Determine the distribution of...
Cash Dividends Kerry Company has 1,000 shares of $100 par value, 10% preferred stock and 9,800 shares of $10 par value common stock outstanding. The preferred stock is cumulative and nonparticipating. Dividends were paid in 2012. Since 2012, Kerry has declared and paid dividends as follows: 2013 $ 0 2014 11,300 2015 22,800 2016 27,200 Required: 1. Determine the amount of the dividends to be allocated to preferred and common stockholders for each year 2014 to 2016. If an amount...
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help and explain. i don't understand the in arrears calculations
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Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: Year 1 $37,500 Year 2 7,500 45,000 Year 3 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter 'o'....
Dividends Per Share Sandpiper Company has 25,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: 20Y1 $25,000 20Y2 5,000 2013 37,500 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter 'O'. Preferred Stock (dividends per share) Common Stock (dividends per share) 2011 0 A 20Y2 A 0 t...
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Problem 9 Hoosiers, Inc. has 500,000 shares of no-par common stock and 50,000 shares of $100 par, 10% cumulative preferred stock. For each year below indicate dividends distributed to common and preferred stock. Distributed to Common Stock Distributed to Preferred Stock Total Dividends Distributed $750,000 at the end of 2012 $400,000 at the end of 2013 $550,000 at the end of 2014 $900,000 at the end of 2015
Problem 9 Hoosiers, Inc. has 500,000 shares of no-par common stock and 50,000 shares of $100 par, 10% cumulative preferred stock. For each year below indicate dividends distributed to common and preferred stock. Total Dividends Distributed Distributed to Common Stock Distributed to Preferred Stock $750,000 at the end of 2012 $400,000 at the end of 2013 $550,000 at the end of 2014 $900,000 at the end of 2015
Please show all calculations.
Problem 9 Hoosiers, Inc. has 500,000 shares of no-par common stock and 50,000 shares of $100 par, 10% cumulative preferred stock. For each year below indicate dividends distributed to common and preferred stock. Distributed to Common Stock Distributed to Preferred Stock Total Dividends Distributed $750,000 at the end of 2012 $400,000 at the end of 2013 $550,000 at the end of 2014 $900,000 at the end of 2015
Dividends Per Share Seacrest Company has 30,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1 $37,500 20Y2 12,000 45,000 20Y3 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter 'o'. Preferred Stock (dividends per share) Common Stock (dividends per share) 20Y1 х X 20Y2 X х 2013...