When dividend is paid, cash balance under assets and retained earnings under Shareholders equity (SE) will reduce.
Assets and SE will reduce when dividend is paid.
When dividend is paid, cash account is credited and dividend account is debited. Dividend account is closed by debiting Retained earnings and crediting dividend account.
Cash reduces and dividend account has a debited and subsequent closed with retained earnings.
”Paid dividends" how this affects asset, liability, SE how this affects cash, dividend Need URGENT help...
where does dividend payable go in the cash flow statement? I know "dividends paid" go under financing activities, but what about dividends payable? Does it go under operating or financing activities? or both???? can someone help me with this question please!!! thanks in advance.
I NEED URGENT HELP PLEASE, MY ASSIGNMENT IS DUE IN HALF AN HOUR. THANK YOU IN ADVANCE!! I need Answers for all 3 columns; Preferred, Common and Total. Current Attempt in Progress E. MacGill Inc. paid out cash dividends at the end of each year as follows: Year Dividends 2018 $525,000 2019 $567,000 2020 $676,000 Assume that MacGill had issued 98,000 common shares and 23,000,9%, non-cumulative preferred shares with a share capital of $1,380,000. How much cash would be paid...
Really need help thanks, 2 decimals A stock just paid a dividend of $1.82. The dividend is expected to grow at 27.55% for five years and then grow at 3.60% thereafter. The required return on the stock is 12.23%. What is the value of the stock?
Depreciation is a NON-CASH expense that affects how much income tax is paid. true or false?
I need help with the bottom portion PREFERED DIVIDENDS Show the effects of each transaction on the balance sheet equation, and prepare journal entries to receord the transactions. Ref. Liabilities Equity Assets (a) On January 1, Garden Stateissued 10,000 shares of $10 Preferred Stock (+SE) Cash (+A) 190,000 100,000 par cummaltive preferred stock for $19 per share. The Additional Paid-in Capital (+SE) 90,000 stock pays a cumulative annual dividend of 7% of par value. Date Account Debit Credit 1-May Cash...
a stock just paid a dividend of 3.00 . based on a reliable forecast, dividends will grow at 25% for the next two years and 5% forever after that. assuming a discount rate of 12% ,stock is worth? the answer is 63.14 but i dont know how to get to it so please help
Really need help with this, thanks. Round to 2 decimals "A stock just paid a dividend of $2.18. The dividend is expected to grow at 20.21% for three years and then grow at 4.97% thereafter. The required return on the stock is 11.85%. What is the value of the stock? A stock just paid a dividend of $1.82. The dividend is expected to grow at 27.55% for five years and then grow at 3.60% thereafter. The required return on the...
I need assistance solving this proiblems Calculate the cash dividends required to be paid for each of the following preferred stock issues: Required: a. The semiannual dividend on 7% cumulative preferred, $60 par value, 13,600 shares authorized, issued, and outstanding. b. The annual dividend on $1.75 cumulative preferred, 60,000 shares authorized, 36,000 shares issued, 31,800 shares outstanding. Last year's dividend has not been paid. c. The quarterly dividend on 10.0% cumulative preferred, $90 stated value, $108 liquidating value, 36,000 shares...
Really need help with this, thanks. Round to 2 decimal "A stock just paid a dividend of $2.56. The dividend is expected to grow at 27.03% for two years and then grow at 3.01% thereafter. The required return on the stock is 13.16%. What is the value of the stock? The risk-free rate is 1.49% and the market risk premium is 6.41%. A stock with a β of 1.24 will have an expected return of ____%."
Show impact of accounting equation for the following transactions: A=L +SE 1.Paid previously declared cash dividend 2. Issued stock dividend 3. accrued interest expense 4. sold merch on account 5.Payment on A/P 6. Collected on A/R 7. Wrote off an collectible account 8 Declared a cash dividend 9 Purchased treasury stock