ch17 quiz

Kuhns Corp. has 200,000 shares of preferred stock outstanding that is cumulative and 100,000 common stock outstanding. The preferred dividend is $3.00 per share and has not been paid for three years. If Kuhns earned $1 million this year, what could be the maximum payment to the preferred stockholders on a per share basis?   a. $5.00 per share b. $15.00 per share c. 6.00 per share d. 9.00 per share

At the beginning of last year an investor purchased 300 shares of common stock from MRP Corporation at $20 per share. During the year, the firm paid dividends of $1 per share. At the end of the year, the investor sold the 300 shares at $21 per share. What is the rate of return?a.) 20%b.) .1%c.) 10.00%d.) 1.10%

Rogers has just completed their financial statements for the year ended 30 June 20X6. They are reporting a net profit of $1,250,000 for the current year, and they have $1 million 50 cent shares in issue. The current market price of Rogers' shares is $3.50. Rogers has paid total dividends during the year ended 30 June 20X6 of $1,500,000.       What is the dividend yield (to one decimal place) for the year ended 30 June 20X6?

Last year, Damian Lillard paid $39.25 for shares of Gatorade. Afterwards, he received a dividend of $1.39 per share. What is Damian Lillard’s capital gains yield if, at the end of the year, Gatorade shares closed at $44.65? a. 13.76% b. 12.09% c. 17.30% d. 3.54% e. 11.49%