Bridgeport Corporation has outstanding 10,700 shares of $100 par value, 6% preferred stock and 65,500 shares of $10 par value common stock. The preferred stock was issued in January 2020, and no dividends were declared in 2020 or 2021. In 2022, Bridgeport declares a cash dividend of $325,000. (a) Assume that the preferred are noncumulative. How much dividend will the preferred stockholders receive? Preferred stockholders would receive   $enter a dollar amount How much dividend will the common stockholders receive? Common stockholders would receive   $enter a dollar amount (b) Assume that the preferred are cumulative. How much dividend will the preferred stockholders receive? Preferred stockholders would receive   $enter a dollar amount How much dividend will the common stockholders receive? Common stockholders would receive   $enter a dollar amount

Q: Vaughn Manufacturing has 10,800 shares of 8%, $100 par value, cumulative preferred stock outstanding…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: On December 31, 2020, Berclair Inc. had 280 million shares of common stock and 7 million shares of…

A: Earning per share means earning per share given by company to it's share holders.  Formula  Earning…

Q: The shareholders’ equity of Kramer Industries includes the data shown below. During 2022, cash…

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Q: Lily Corporation has 3,000 shares of 8%, $115 par value preferred stock outstanding at December 31,…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: Outstanding stock of the Crevusse Corporation included 40,000 shares of $5 par common stock and…

A: Preferred stock holder means those stock holder who will be getting dividend before the common…

Q: ogo Inc. has the following shares outstanding: 40,000, $ 0.80, no par value…

A: The question is based on the concept of Financial Accounting. As per the Bartleby guidelines we are…

Q: Sunland Inc., has 1400 shares of 6%, $50 par value, cumulative preferred stock and 49146 shares of…

A: Annual preferred dividend = 1,400 x $50 x 6% = $4,200

Q: Concord Corporation has 6500 shares of 5%, $100 par value, cumulative preferred stock and 13000…

A: Annual dividend to preferred stock=No. of share×Par value×5%=6500×$100×5%=$32,500

Q: ABC Inc had 10,000 shares of 6%, $20 par value preferred stock and 15,000 shares of $25 par value…

A: Solution: Annual preferred dividends = 10000*$20*6% = $12,000 Amount of dividend received by…

Q: Palestine Corporation has $800,000 of 6% preferred stock, and $3,200,000 of common stock…

A: The company raises the finance from various sources, one of them is common stock. The investor who…

Q: At the beginning of 2020. Gothic Architecture has issued1,900 shares of 6%, $50 par value cumulative…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: Wok N Roll, Inc. began on January 1, 2018 by issuing 100,000 shares of $1 par value common stock and…

A:

Q: On January 1, 2021, Gibson Industries had outstanding 440,000 common stock shares ($1 par) that…

A: Numerator (Basic EPS): = Net income = $650,000 Preferred dividends = $50,000 [(10% x $100) x 5,000].…

Q: California Adventures issues 5,000 shares of 8%, $100 par value preferred stock at the beginning of…

A: Cumulative preferred stock are those share if the company is unable to pay the dividend during any…

Q: Answer all questions. Ch.10-1

A: Please find the answer in the attched pic

Q: Waterway Inc., has 3700 shares of 5%, $50 par value, cumulative preferred stock and 99400 shares of…

A: Introduction Preferred dividends are paid before the payment of dividends on common stock.…

Q: On December 31, 2020, Berclair Inc. had 500 million shares of common stock and 20 million shares of…

A:

Q: On December 31, 2020, Berclair Inc. had 360 million shares of common stock and 4 million shares of…

A: Calculation of weighted Shares Outstanding during the year   PARTICULAR OUTSTANDING PERIOD…

Q: On December 31, 2023, Contreras Corp. has 1,500 shares outstanding of $20 par value 6% preferred…

A: As per IAS 33, Earnings per share  In case of cumulative Preferred Dividend the arrears of dividend…

Q: Swifty Corporation, has 14100 shares of 4%, $100 par value, cumulative preferred stock and 61000…

A: Cumulative preference shares are those shareholders whose dividend has been accumulated and paid in…

Q: Remington, Inc., has $800,000 of 4% preferred stock and $1,200,000 of common stock outstanding, each…

A: Answer a) In case of noncumulative and nonparticipating preferred stockholders, dividends only for…

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A: EPS termed as Earnings per share which refers to the monetary value of the earnings per outstanding…

Q: On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of…

A: Calculation of Weighted average number of common shares outstanding: Months No. of months…

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A: The calculation of annual preferred dividend has been made as follows: Annual preferred…

Q: On January 1, 2021, Tonge Industries had outstanding 460,000 common shares ($1 par) that originally…

A: Numerator / Denominator =  Earning per share Basic $ 550,000 / 463,000 =…

Q: On December 31, 2020, Berclair Inc. had 360 million shares of common stock and 12 million shares of…

A: For calculating the Basic earnings per share and Diluted Earnings per share for Berclair company : =…

Q: Waterway, Inc., has 4900 shares of 3%, $100 par value, cumulative preferred stock and 39200 shares…

A: A dividend is the payment of a part of a company's value to a certain group of shareholders…

Q: Kingdom Corporation has the following.  Preferred stock, $10 par value, 9%, 50,000 shares issued  In…

A: The dividend is the return to the shareholders for their investment in the company. It is…

Q: On December 31, 2020, Ainsworth, Inc., had 600 million shares of common stock outstanding. Twenty…

A: Compute the numerator:   Net loss ($140) Preferred stock dividend (20 x 100 x 8%) ($160) Total…

Q: Windsor Corporation issued 119,000 shares of $19 par value, cumulative, 9% preferred stock on…

A: cumulative preference shares: there type of shares where if dividend is not declared  in first year…

Q: On December 31, 2020, Berclair Inc. had 440 million shares of common stock and 3 million shares of…

A: Diluted earnings per share (diluted EPS) is calculated under the assumption that all convertible…

Q: On December 31, 2020, Berclair Inc. had 600 million shares of common stock and 3 million shares of…

A: Introduction Convertible bond: An investment fixed-income corporate bonds asset known as a…

Q: Inc., has 2300 shares of 5%, $50 par value, cumulative preferred stock and 100000 shares of $1 par…

A: Stockholders are the Persons of entities whom the company issues its ownership rights in the form of…

Q: Flatfish Limited reported the following items in shareholders' equity on December 31, 2020: Share…

A: Dividend is the return which is paid to the shareholders for investing in the business entity and…

Q: Vaughn, Inc. has 9900 shares of 8%, $100 par value, cumulative preferred stock and 99000 shares of…

A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

Q: Coronado, Inc. has 3500 shares of 4%, $50 par value, cumulative preferred stock and 70000 shares of…

A: Introduction: Dividends: Dividends are given to shareholders of the company. Its a kind of return on…

Q: (a) Assume that the preferred are noncumulative. How much dividend will the preferred stockholders…

A: Solution are as follows

Q: Splish Brothers Inc. has 10,800 shares of 8%, $100 par value, cumulative preferred stock outstanding…

A: Determine the amount of preferred dividend to be paid each year.

Q: Bration has outstanding 9,600 shares of $100 par value, 6% preferred stock and 57,000 shares of $10…

A: In case of noncumulative preference shares the Dividend  which is in arrears  will not be paid to…

Q: Outstanding stock of the Marigold Corporation included 20600 shares of $5 par common stock and 10300…

A: Calculations:   2019 Preferred Dividend payable (10,300 x $10) x 7% $7,210 Dividends paid…

Q: Marigold, Inc. has 10500 shares of 4%, $100 par value, noncumulative preferred stock and 105000…

A: A dividend is the transfer of a portion of a company's earnings to a certain group of shareholders,…

Q: Champion Incorporated curently has 23,300 common shares outstanding with a carrying value of…

A:

Q: A) M. Sunland Corporation has 20,000 shares of 8%, $100 par value, cumulative preferred stock…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: Sunland Inc., has 1200 shares of 6%, $50 par value, cumulative preferred stock and 49492 shares of…

A: Dividend means the amount given to shareholder of the company as profit distribution by company.…

Q: McNabb Corp. had $100,000 of 7%, $20 par value preferred stock and 12,000 shares of $25 par value…

A: a.

Q: Farber Company has 24,000 shares of $1 par common stock issued and outstanding. The company also has…

A: In case of cumulative preference shares the divided that are in arrears are to be paid when company…

Q: Whispering Corporation has 8,700 shares of $100 par value, 9%, preferred stock and 48,300 shares of…

A: Formula: Preferred dividend = Preferred shares x PAR value x Preferred rate

Q: ABC Corporation has the following information extracted from the financial statements: - Preferred…

A: Cumulative preferred stock: The cumulative Preferred stock is a type of preferred stock with a term…

Q: During 2020, Goodfellow has the following transactions involving its common and preferred stock: a.…

A: The company will increase the financial position by issuing shares, bonds, debentures, etc., These…

Q: Vaughn, Inc., has 9000 shares of 5%, $100 par value, noncumulative preferred stock and 90000 shares…

A: The preferred stockholders get the dividend before the dividend is paid to common stockholders.

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.