Sabas company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. the following amounts were distributed as dividends: year 1: $10,000 year 2: 45,000 year 3: 90,000 determine the dividends per share for preferred and common stock for the second year.

Second year dividends:

2.25 dividends per preferred share

 0 for common stock

$25,000 dividends in arrears

Explanation:

First we determinate the amount of preferred dividends

20,000 shares x $100 each x 2% = $40,000 per year

Then, we check if there are dividends in arrears:

Dividends declared on year 1 $10,000

first we pay preferred stock:

$40,000 - $10,000 = $30,000 in arrears

Second year dividends declared:

45,000 - 40,000 = 5,000 left

but, as there are dividends accumulated this also goes for preferred shares leaving:

30,000 - 5,000 = 25,000 in arrears

45,000 / 20,000 shares = 2.25 dividends per share

hi i’m a student too and i’ve had this app downalodes for a few weeks people do answer it you just gotta be patient and what is your question + subject i’ll you?

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.