subject
Business, 01.12.2021 01:20 kaylynn77

Lightfoot Inc., a software development firm, has stock outstanding as follows: 32,000 shares of cumulative preferred 1% stock, $150 par and 108,000 shares of $165 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $27,000; second year, $57,000; third year, $70,000; fourth year, $117,000. Calculate the dividends per share on each class of stock for each of the four years.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:50
He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800
Answers: 1
question
Business, 22.06.2019 11:50
Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.
Answers: 2
question
Business, 22.06.2019 14:00
How many months does the federal budget usually take to prepare
Answers: 1
question
Business, 22.06.2019 16:30
On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
Answers: 1
You know the right answer?
Lightfoot Inc., a software development firm, has stock outstanding as follows: 32,000 shares of cumu...
Questions
question
Mathematics, 24.05.2020 04:01
question
Mathematics, 24.05.2020 04:01
question
History, 24.05.2020 04:01
Questions on the website: 13722361