Preferred shares, $4.55 non-cumulative, 52,000 shares authorized and issued* $ 3,328,000 Common shares, 87,000 shares authorized and issued* 1,392,000 Required: Part A 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders.
Q: Operating profits move in the same direction as sales when variable costing is used if selling…
A: Introduction:- Variable costing varies in respective of units production Which is used for making…
Q: Units sold = 8700 games units Selling price per unit = $ 69 Variable expenses = $ 49 Fixed expenses…
A: Formula: Net income = Total Revenues - Total Expenses
Q: Fiona Sporty uses a purchases journal, a cash payments journal, a sales journal, a cash receipts…
A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…
Q: Required Informatlon Problem 25-49 (LO 25-2) (Algo) [The following Information applies to the…
A: Casey made a taxable gift = of $7.4 million each to both Stephanie and Linda. Total gift value =…
Q: On September 1, 2021, Daylight Donuts signed a $254,000, 9%, six-month note payable with the amount…
A: Solution... Principal amount = $254,000 Rate of interest = 9% Time period = 6 months
Q: The following data are for the year ended December 31, 2021: Beginning Inventory 170,000 units…
A: Absorption costing: The absorption costing method refers to the technique of charging all costs,…
Q: The following preliminary unadjusted trial balance of Ranger Co., a sports ticket agency, does not…
A: Unadjusted Trial Balance Unadjusted trial balance is prepared at the end of the financial year after…
Q: 7. During March, a company's Department X equivalent unit product costs, computed under the weighted…
A: WIP inventory = Work-in-process inventory The question says that 4000 units are in WIP at March 31.…
Q: Cameron Corporation purchase land for $434,000. Later in the year, the company sold a different…
A: Introduction: Statement of cash flows: All cash in and out flows are shown in cash flow statements.…
Q: Trident Repairs & Service, an electronics repair store, prepared the following unadjusted trial bal-…
A: The adjustment entries are prepared to adjust the revenue and expenses of the current period.
Q: Allowing only the treasurer to sign checks is an example of segregation of duties. establishment of…
A: Internal Control procedures in the banking company are used to ensure the safety of the assets of…
Q: Calculate the goodwill /gain on bargain purchase, show your workings. Prepare the journal entries in…
A: Answer:
Q: Sequoia purchased the rights to cut timber on several tracts of land over a 15-year period. It paid…
A: One amongst two accounting systems for allocating the costs of extracting natural resources such as…
Q: The manufacturer of a product that has a variable cost of $2.50 per unit and total fixed cost of…
A: The break-even point (BEP) appears to be an accounting term that refers to the point where a…
Q: Dwight Donovan, the president of Benson Enterprises, is considering two investment opportunities.…
A:
Q: Under the fair value option for debt investment, entities report all changes in fair value in…
A: Lets understand the basics. Fair value option means a option in which change in fair value in debt…
Q: You have been hired by Ashton Corporation, a retailer, to assist in preparing the annual cash…
A: The cash budget is prepared to estimated the cash requirements during the period. It tells about the…
Q: Give me a formula of sensitivity analysis under of cost volume profit analysis(CVP). Thank youuu:)
A: The sensitivity analysis of the CVP model demonstrates how the model will change when any of its…
Q: Stuart Electronics is considering investing in manufacturing equipment expected to cost $350,000.…
A: (Note - We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Very Cherry had a total sales of P500,000,000 in 2021 and it had P260,000,000 worth of fixed assets…
A: Sales at 100% capacity = Current Sales/ current operating capacity
Q: ILLUSTRATION 2: N Stock of Finished Goods January 1st 12,660 December 31st 17,845 Stock of Raw…
A: The trading and P&L Account is a part of the final account that determines the gross and net…
Q: Paid the Gazette $200 to place an employment advertisement for an accounting clerk. solve this…
A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…
Q: The following information has been extracted from the records of Marie Company about one of its…
A: Inventory methods: Inventory methods are the accounting techniques applied by manufacturing entities…
Q: costs assigned to units in inventory are typically lower under absorption costing than under vanable…
A: As per the guidelines, only one question is allowed to be solved so I am answering the first…
Q: McCallum Tool Company has two departments, assembly and finishing. The assembly department takes…
A: Solution Work in process means goods are in process. Goods are partially completed .
Q: In this problem, i need a construction of transaction here for numbers 1-9
A: Journal entries are used to record the transactions of a business in chronological order. Post that…
Q: SydMel Ltd commences operations on 1 July 2020. One year later, on 30 June 2021, the entity prepares…
A: The calculation of the deferred tax while taking consider the accounting profit with the adjustment…
Q: Purchased merchandise from Jones Company on credit for $4,330. Credit terms were 2/10, n/30 Paid…
A: Accounting: Accounting is a technique to recognize the company's monetary transactions in various…
Q: On the internet and in the news you see many articles on non-profit companies and their contribution…
A: A non-profit organization is normally treated as a normal corporate corporation, with the added…
Q: Hurtt’s Java Seeds is an independent roaster of specialty coffee beans. The company budgets 2 months…
A: Standard Production Cost=Direct material+Direct labor+Variable Overhead+Fixed Overhead
Q: 1. A brand new bulldozer was bought for P 5.50 million with a salvage value of P 500,000 after six…
A: Depreciation can be termed as wear and tear of an asset due to which a portion of cost of the asset…
Q: AM Express Inc. is considering the purchase of an additional delivery vehicle for $43,000 on January…
A: The correct answer for the above mentioned question is given in the following steps for your…
Q: What are The challenges and strategies of organisational budgeting?
A: Organizational Budgeting: There are many types of organizational tools that are used for planning…
Q: Apnl 1 Paid rent, P 5.000. 3 Pertormed delivery services for P1.000: P600 in cash and PAC0 on…
A: Trial Balance: It is a bookkeeping worksheet where debit and credit balance of all ledgers are…
Q: Problem 5 Mighty Muffler, Inc. operates an automobile service facility, which specializes in…
A: Lets understand the basics. Variable cost is a cost which change with the level of output. On other…
Q: S1 – All dispositions of real properties classified as capital assets are subject to capital gains…
A: Capital Gain: It is the growth in the value of a capital asset that results in the realisation of a…
Q: 1. A company uses the indirect method to determine its cash flows from operating activities. Use the…
A: Introduction: Statement of cash flows: All cash in and out flows are shown in cash flow statements.…
Q: Pitfeld Sound Center paid 200.000 tor a group purchase of land, bulding, and equipment A the time of…
A: Cost of the Land = Total amount paid x Market value of the Land / Total market value of the assets…
Q: General Computers Inc. purchased a computer server by taking a loan of $36,500 at 3.50% compounded…
A: The question is based on the concept of Financial Accounting.
Q: Ridley Corporation is in the process of adjusting and correcting its books at the end of 2020. In…
A: JF stands for Journal entries which refers to book of accounts or the original book of account and…
Q: Identify the correct statement with respect to manufacturing and merchandising companies in general…
A: Manufacturing is the process of converting the raw material into finished goods and it includes cost…
Q: . The payroll register of Seaside Architecture Company indicates $970 of social security and $257 of…
A: Lets understand the basics. Journal is required to make to record event and transaction that…
Q: Predictive validation is an ideal case of criterion-related validity and it is accordingly most…
A: The utmost straightforward method/way to determine if a test can be used to make meaningful…
Q: How do you prepare determine the cash generated/used in investing activities and financing…
A: Answer:
Q: The Lucky Ole Sun manufactures dried grapes. The following data are available for the year 2020…
A: In this question, we will find out the value of closing inventory for The Lucky ole Sun using the…
Q: On January 1, 2019, Penn Incorporated paid $350,000 for 70% of Sylvania Company's outstanding…
A: Consolidated accounting reports are those that reports the combined assets and liabilities of both…
Q: Kelly’s company currently has 300 pounds of iron in their inventory. Using LIFO, the unit cost of…
A: Cost = Cost per unit * number of units In the given question, Cost per unit = 5$ per pounds…
Q: Twenty metrics of liquidity solvency and profitability the comparative financial statements
A: As per protocol allowed to answer first three sub parts and post the remaining in the next…
Q: Determine the dollar sales for June given the following seasonal sales distribution: Month %…
A: Seasonal Sales: Seasonal sales relate to any time of the retail fiscal calendar year during which a…
Q: cord July
A: Answer Good will = P-(A-L) given P= 70,000,000 A= 115,000,000 L=52,500,000
52,000 shares authorized and issued* | $ | 3,328,000 | |
Common shares, | |||
87,000 shares authorized and issued* | 1,392,000 | ||
Required:
Part A
1. Calculate the total dividends paid in each year to the preferred and to the common shareholders.
Step by step
Solved in 3 steps
- ements What is the total Wealth Accumulation of the following investment assuming the available after tax reinvestment rate is 5%? IRR 10.70% O $4,690,000 O $4,821,078 O $4,848,844 $4,905.989 n 0 $ 1 S 2 $ 3 $ AS 5 $ Investment $ (3,000,000) 240,000 250,000 260,000 266,000 3,674,000Year 2018 2019 2020 2021 Beginning-of-Year Price $ 120 144 108 120 Dividend Paid at Year-End $4 4 An investor buys three shares of XYZ at the beginning of 2018, buys another two shares at the beginning of 2019, sells one share at the beginning of 2020, and sells all four remaining shares at the beginning of 2021. a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Round your year-by-year rates of return and final answers to 2 decimal places. Do not round other calculations.) Answer is complete but not entirely correct. Arithmetic average rate of return Geometric average rate of return 2.08% 123%P12-6Alternative dividend policies in the last 10 years, a company has had thanks to the earnings per share that are presented in the following table: Year Earnings per share2006 $ 4.002005 3.802004 3.202003 2.802002 3.202001 2.402000 1.201999 1.801998 -0.501997 0.25 to. If the company's dividend policy was based on a constant pay ratio of 40 percent for all years with positive earnings and 0% for years that did not achieve these gains, what would the annual dividend be for each year?b. If the company had a dividend payment of $ 1 per share, increasing $ 0.10 per share whenever the dividend payment decreased to less than 50 percent for two consecutive years, what annual dividend would it pay each year?
- QUESTION 9 Use the data in the table shown below. What is the geometric average return over the span of three years? Date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 O a. 28.7% O b.7.5% c.9.5% O d. 8.9% Price $43.00 $45.60 $42.60 $52.50 Dividend $0.80 $0.80 $0.90How much is the consolidated profit in 2021?A. 301,000B. 336,000C. 310,000D. 320,000Whatiseachofthefollowinginvestmentsworthtodayassuminganannualdiscountrateof 7%? 1.(a) A3-yearmaturity“B”ratedcorporatebondwith4%annualinterestpaymentsanda principal value of £1,000
- Soppose the price and dividend dats for Ford Motor Company and find as follows Price Dividond Dato December 31, 2022 January 26, 2023 December 30, 2023 April 28, 2023 July 29, 2023 $10.74 $0.15 October 28, 2023 O-40.6% O-45.08% $14.92 -42.8% $13.69 $0.15 Date Assume that you purchased Ford Motor Company stock at the closing price on December 31, 2022 and sold it at the closing price on December 30, 2023. Your realized annual return is for the year 2023 is closest to: $9.14 $0.15 $8.02 $0.15 $7.72 December 31. January 26 2023 December 30, 2023 April 28, $9.14 $0.15 2023 July 29, 2023 $10.74 $0.15 October 28, 2023 O-40.6% O-45.08% $14.92 O-42.8% $13.69 $0.15 O-47.3% Assume that you purchased Ford Motor Company stock at the closing price on December 31, 2022 and sold it at the closing price on December 30, 2023. Your realized annual return is for the year 2023 is closest to: $8.02 $0.15 $7.721. How much is the net share in the profit or loss of the associate (investment income) in 2021? P480,000 P825,000 P420,000 P135,000 2. How much is the carrying amount of the investment as of December 31, 2021? P7,815,000 P8,025,000 P7,680,000 P7,125,000Calculate the end-of-year return for the following investment purchased for $14 at the beginning of 202X. Distributions and Prices Changes 202X Per-share income distributions: $0.20 Per-share capital gains distributions: $0.40 Year-end NAV: $15.25 Year-end market price: $15.00 If required, round your answer to two decimal places. a. 10.67% b. 11.43% c. 10.49% d. 13.21%
- XYZ stock price and dividend history are as follows: Beginning-of- $ 104 Year 2018 Year Price 2019 2020 2021 115 90 105 Dividend Paid at Year-End $ 2 2 2 2 An investor buys three shares of XYZ at the beginning of 2018, buys another one shares at the beginning of 2019, sells one share at the beginning of 2020, and sells all three remaining shares at the beginning of 2021. Required: a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Arithmetic time-weighted average returns Geometric time-weighted average returns % % b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2018, to January 1, 2021. (Negative amounts should be indicated by a minus sign.) Date Cash Flow 01/01/2018 01/01/2019 01/01/2020 01/01/2021XYZ stock price and dividend history are as follows: Year Beginning-of-Year Price Dividend Paid at Year-End 2018 $ 110 $ 3 2019 113 3 2020 100 3 2021 105 3 An investor buys four shares of XYZ at the beginning of 2018, buys another two shares at the beginning of 2019, sells one share at the beginning of 2020, and sells all five remaining shares at the beginning of 2021. Required: a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2018, to January 1, 2021. (Negative amounts should be indicated by a minus sign.) b-2. What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return, you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus…ABC Analysis Stock Number Annual $ Volume Percent of Annual $ Volume J24 12,500 46.2 R26 9,000 33.3 L02 3,200 11.8 M12 1,550 5.8 P33 620 2.3 T72 65 0.2 S67 53 0.2 Q47 32 0.1 V20 30 0.1 Σ = 100.0