Red Inc., has the following information: 9% Preference share, 2,000 shares outstanding P220,000; Ordinary share, 6,000 shares outstanding P330,000. Dividends declared for the year was P 85,000. a. Compute for the dividends per share for Ordinary Share Capital if Preference share is non cumulative and participating up to an addition of 5%. b. how much will be the total dividends for the Preference share Capital?

Red Inc., has the following information: 9% Preference share, 2,000 shares outstanding P220,000; Ordinary share, 6,000 shares outstanding P330,000. Dividends declared for the year was P 85,000. a. Compute for the dividends per share for Ordinary Share Capital if Preference share is non cumulative and participating up to an addition of 5%. b. how much will be the total dividends for the Preference share Capital?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
Red Inc., has the following information: 9% Preference share, 2,000 shares outstanding P220,000; Ordinary share, 6,000 shares outstanding P330,000. Dividends declared for the year was P 85,000. Compute for the dividends per share for Ordinary Share Capital if Preference share is non cumulative and participating up to an addition of 5% how much will be the total dividends for the Preference share Capital?
3. A property holdings declared a dividend of P9 per share for the common stock. If the common stock closes at P76, how large is the stock yield ratio on this investment? a. 27. 17% c. 11.04% b. 27. 07% d. 11.84%
Things to do: 1. Compute the gains or loss of the investment of C for 100 shares with par value of P5 at the beginning of the year which was sold at P10 per share the end of the year and D for 100 shares also with par value of P5 and was sold at P3 at the end of the year.
22. Garnean Inc. issued $50,000 in common share dividends. Its net income for the year was $250,000. What is Garnean's dividend payout ratio? a.0.2 b.0.5 c.2.5 d.5
ZZZ Company had the following share capital at the end of the current year: Preference share capital, P100 par, 30,000 shares 3,000,000 Ordinary share capital, P50 par, 100,000 shares 5,000,000 Net income for the year 2,600,000 The preference dividend rate is 8% and the preference share is nonconvertible but cumulative and fully participating. After the ordinary share has been paid a dividend of P10 per share, the preference share shall participate in any additional dividend on a prorate basis with the ordinary share. Questions: 1. Compute for the basic earnings per ordinary share. 2. Compute for the basic earnings per preference share.
North Side Corp’s dividends for year 1, year 2, year 3, and expected share price for year 3 are: D1=$1.95, D2=$2.10, D3=$2.18, and P3=$95 respectively. What is the company’s current share price given the required return of 8 percent?
The following information is collected from the current annual report of XYZ Ltd: Earning of firm Rs. 9, 00,000 Number of equity shares 1, 50,000 Return on Equity 22.5% Cost of equity 15%What should be the dividend payout ratio so as to keep the share price at Rs. 48 byusing Walter Model? Also, determine the optimum dividend payout ratio and themarket price of share at the optimum dividend payout ratio. What will themaximum and minimum share price under this model?
Michelle Company had the following share capital issued and outstanding for the entire current year: 200,000 ordinary shares, P10 par 2,000,000 2,000 12% noncumulative preference shares, P100 par, convertible share into ordinary share 200,000 The net income for the year was P1,800,000, and the income tax rate for the year was 30%. In the computation of basic earnings per share, what is the amount to be used as earnings?
2. The market value of the stocks of Sun Corporation at the beginning of year 1 is P150 per share; at the beginning of year 2 is P180. It declares divided of P20 per share. What is the holding period return from the said investment?
A company has net income of $950,000; its weighted-average common shares outstanding are 190,000. Its dividend per share is $0.95, its market price per share is $98, and its book value per share is $91.00. Its price-earnings ratio equals: Multiple Choice 19.60. 7.00. 18.20. Next