The preferred stock has 557,740 shares authorized, with a par value of $100 and an annual $3.75 per share cumulative dividend preference. On Jan 1, 557,649 shares of preferred are issued and 546,024 shares are outstanding. There were also 1.8 billion shares of $1 par value common stock authorized, of which 924.6 million are issued and 844.8 million are outstanding. There was also $1M outstanding dividend liability on preferred stock.
Required:
During the year, if $5M of dividend were declared by the board, the amount distributed to preferred stockholders is $
Answers: 1
Business, 21.06.2019 20:40
Alocal club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?
Answers: 2
Business, 22.06.2019 06:40
As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget
Answers: 3
Business, 22.06.2019 20:10
Your sister is thinking about starting a new business. the company would require $375,000 of assets, and it would be financed entirely with common stock. she will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an roe of 13.5%. how much net income must be expected to warrant starting the business? a. $41,234b. $43,405c. $45,689d. $48,094e. $50,625
Answers: 3
Business, 23.06.2019 02:00
What percentage of hard rock's profit is derived from retail shop sales?
Answers: 1
The preferred stock has 557,740 shares authorized, with a par value of $100 and an annual $3.75 per...
Chemistry, 02.03.2021 22:50
Chemistry, 02.03.2021 22:50
Mathematics, 02.03.2021 22:50
English, 02.03.2021 22:50
Chemistry, 02.03.2021 22:50
Mathematics, 02.03.2021 22:50
Engineering, 02.03.2021 22:50
Mathematics, 02.03.2021 22:50
English, 02.03.2021 22:50
Mathematics, 02.03.2021 22:50