Calculate the cash dividends required to be paid for each of the following preferred stock issues: Required: The semiannual dividend on 10% cumulative preferred, $44 par value, 12,900 shares authorized, issued, and outstanding. The annual dividend on $1.75 cumulative preferred, 120,000 shares authorized, 72,000 shares issued, 63,600 shares outstanding. Last year's dividend has not been paid. The quarterly dividend on 12.0% cumulative preferred, $80 stated value, $109 liquidating value, 78,000 shares authorized, 67,600 shares issued and outstanding. No dividends are in arrears.

a. The semiannual dividend on 10% cumulative preferred, $44 par value, 12,900 shares authorized, issued, and outstanding.

Figures are annualized:

= 10% * 44 * 12,900

= $56,760

Semi-annual dividends = 56,760 / 2

= $‭28,380‬

b. The annual dividend on $1.75 cumulative preferred, 120,000 shares authorized, 72,000 shares issued, 63,600 shares outstanding. Last year's dividend has not been paid.

= Dividend per share * Shares outstanding

= 1.75 * 63,000

= $110,250

Cumulative dividends have to be paid eventually and so accumulate. If dividend was not paid last year, total dividend is:

= 110,250 * 2

= $220,500

c. The quarterly dividend on 12.0% cumulative preferred, $80 stated value, $109 liquidating value, 78,000 shares authorized, 67,600 shares issued and outstanding. No dividends are in arrears.

Dividend = Dividend rate * Stated value * Number of shares outstanding

= 12% * 80 * 67,600

= $‭648,960‬

Quarterly dividend = ‭648,960‬/4

= $‭162,240‬

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )