Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

The Rago Corporation had the following stock outstanding from 2009 through 2012:
Preferred stock: $100 par value, 8 percent cumulative, 5,000 shares authorized, issued, and outstanding
Common stock: $10 par value, 100,000 shares authorized, issued, and outstanding
The company paid $30,000, $30,000, $94,000, and $130,000 in dividends during 2009, 2010, 2011, and 2012, respectively. The market price per common share was $7.25 and $8.00 per share at the end of years 2011 and 2012, respectively.
Required:
1. Determine the dividends per share and the total dividends paid to common stockholders and preferred stockholders in the years 2009, 2010, 2011, and 2012. If an amount is zero, enter "0". Round per share amounts to two decimal places.
2. Perform the same computations, with the assumption that the preferred stock was noncumulative. If an amount is zero, enter "0". Round per share amounts to two decimal places.
3. find out the 2011 and 2012 dividends yield for common stock, using the dividends per share computed in requirement 2. Round your answers to one decimal place.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M927562

Have any Question? 


Related Questions in Basic Finance

Sorenson inc has sales of 4056000 a gross profit margin of

Sorenson Inc. has sales of $4,056,000, a gross profit margin of 38.55 percent, and inventory of $1,139,000. What are the company's inventory turnover ratio and days' sales in inventory? (Round inventory turnover ratio to ...

An investor has two bonds in her portfolio bond c and bond

An investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a face value of $1,000, and has a yield to maturity of 8.4%. Bond C pays a 10% annual coupon, while Bond Z is a zero coupon ...

In terms of pumping performance how should engineers

In terms of pumping performance, how should engineers determine the use of radial flow pumps and axial flow pumps?

Task - task covers study schedule weeks 5-shy12

Task - Task covers study schedule weeks 5-­12 inclusive. Q2-­1 Naming cells in spreadsheets Critically evaluate a YouTube video on naming cells in spreadsheets. What are the advantages of naming cells in formulas Paste a ...

A and b play a game in which each has 3 coins a 5p a 10p

A and B play a game in which each has 3 coins a 5p, a 10p and a 20p respectively.- Each selects a coin without the knowledge of the others choice. If the sum of the coins is an odd amount A win's B's coins. If the sum is ...

Part aemu electronics is an electronics manufacturer

Part A Emu Electronics is an electronics manufacturer located in Box Hill, Victoria. The company's managing director is Shelly Chan, who inherited the company from her father. The company originally repaired radios and o ...

Assignment1 describe the role that the winners curse may

Assignment 1. Describe the role that the "winner's curse" may play in the underpricing of IPOs. 2. a. Does a rights offer cause a share price decrease? Why or why not? b. How are existing shareholders affected by a right ...

Impact of a recession explain why interest rates tend to

Impact of a Recession: Explain why interest rates tend to decrease during recessionary periods. Review historical interest rates to determine how they reacted to recessionary periods. Explain this reaction.

Assume you work for an oil company that deals with oil

Assume you work for an oil company that deals with oil contracts and you are responsible for constructing those oil contracts. Assume you have an oil contract that has the following characteristics: Zero initial cost and ...

Essay questions1 npvaccording to the text the npv rule

Essay Questions 1. NPV According to the text, the NPV rule states that "An investment should be accepted if the NPV is positive and rejected if it is negative." What does an NPV of zero mean? If you were a decision-maker ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate