Janus Associates, Inc has 325,000 shares of $100 par value, 6% cumulative preferred stock and 3,500,000 shares of common stock. Although no dividend was declared last year, a $5,750,000 dividend has been declared this year. a. What are the dividends due the preferred shareholders? b. What is the dividend per share of common stock?
a. $3,900,000
b. $0.53
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The Dayton Corporation began the current year with a retained earnings balance of $32,000 . During the year, the company corrected an error made in the prior year, which was a failure to record depreciation expense of $3,000 on equipment. Also, during the current year, the company earned net income of $12,000 and declared cash dividends of $7,000 . Compute the year-end retained earnings balance
a. $34,000 b. $37,000 c. $41,000 d. $44,000
Angiogenesis
A. brings nutrients and oxygen to a tumor. B. is the growth of blood vessels into the tumor. C. is directed by additional mutations in tumor cells. D. All of these. E. None of these.
Deserts and tropical forests seem to be opposites, but they have this trait in common.
A. They are good vacation spots so are an economic stimulator. B. They separate markets, thereby increasing transportation costs. C. They are hospitable to insects. D. They have small populations on their edges.
Use job titles in the To: and From: lines of a memo when writing to someone with a(n) higher rank in the hierarchy of your organization. _________________________
Answer the following statement true (T) or false (F)