Business, 23.11.2019 03:31, dhernandez081

Chauncey corporation began business on june 30, 2016. at that time, it issued 20,000 shares of $50 par value, six percent, cumulative preferred stock and 90,000 shares of $10 par value common stock. through the end of 2018, there had been no change in the number of preferred and common shares outstanding.
required
a. assume that chauncey declared dividends of $69,000 in 2016, $0 in 2017, and $354,000 in 2018. calculate the total dividends and the dividends per share paid to each class of stock in 2016, 2017, and 2018. round to two decimal places.
year preferred
stock common
stock preferred
per share common
per share
2016 answer answer answer answer
2017 answer answer answer answer
2018 answer answer answer answer
b. assume that chauncey declared dividends of $0 in 2016, $120,000 in 2017, and $186,000 in 2018. calculate the total dividends and the dividends per share paid to each class of stock in 2016, 2017, and 2018. round to two decimal places.
year preferred
stock common
stock preferred
per share common
per share
2016 answer answer answer answer
2017 answer answer answer answer
2018 answer answer answer answer

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 10:10, AdamFrost

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?

Answers: 3

continue

Business, 22.06.2019 11:00, pum9roseslump

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?

Answers: 1

continue

Business, 22.06.2019 12:40, notorius315

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

Answers: 2

continue

Business, 22.06.2019 20:30, jessicaisbaehood

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions

Answers: 3

continue

Do you know the correct answer?

Chauncey corporation began business on june 30, 2016. at that time, it issued 20,000 shares of $50 p...