Interested to Buy Any Domain ? << Click Here >> for more details...
ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.34 : A biochemical engineering company has stock P = 20,000 shares of M % preferred stock of Q = $100 par and N number of shares of $20 par common stock. In year 1 : $10,000 is distributed as dividend. In year 2 : $25,000 is distributed as dividend. Let (Total Dividend) = (Dividend for Preferred Stock) + (Dividend for Common Stock). (a) In year 1, calculate the amount distributed as dividend for preferred stock, when no dividend was distributed for common stock. (b) In year 2, the amount distributed for common stock was $5000. Find the values of M and N, when the dividend per share for common stock is $0.05.
- 1 Answers
- 1870 Views
- I also Faced
- E-Mail Answers
Answer Posted / kangchuentat
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.34 : (a) (Dividend for Preferred Stock) = (Total Dividend) - (Dividend for Common Stock) = $10,000 - 0 = $10,000. (b) N = (Dividend for Common Stock) / (Dividend Per Share for Common Stock) = ($5000) / ($0.05) = 100,000. (Dividend for Preferred Stock) = (Total Dividend) - (Dividend for Common Stock) = $25,000 - $5,000 = $20,000 = PQ (M / 100). Then M = (20,000)(100) / PQ = (2,000,000) / [ (20,000)(100) ] = 1. Finally M = 1, N = 100,000. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Who built the first production scale pla (polylactic acid) facility?
what is defferance between tubular & automotive plate battery
What are the strategies acquired to cure tube vibration and exchangers in a shell?
Explain the different types of equipments for the conveyance of solids?
Calculate the line size for a cooling water line with a volumetric flowrate of 1200m3/h of water. Density of water = 1000kg/m3
friends....i have been searching the model paper for HPCL officer trainee for chemical eng....tat apptitude section...if u people got any information regarding tat...please send me to my mail...my id is: maruthu.flower@gmail.com...pls send me wtever information u knew....thank u....
Explain how can one estimate how the friction factor changes in heat exchanger tubes with a change in temperature?
Can any one send me the sample test papers of IOCL entry exam to be held on 6th july 2008. Also plz send the interview questions that cud probably be asked........i wud be highly obliged if u can send a few test paers and other stuff @ inderjeetd@gmail.com.........Inderpreet
how did you spend today
What are the problems that are associated with the expansion joints?
any meter avilable for measureing the Transformer Losses. ( like Voltmeter for voltage & ammiter for currenr )if yes plz give the make & supplier address, Email, Phone number.
How can metals be removed from aqueous waste streams?
What is the practical particle size limit for pneumatic conveying?
In Pressure Sfety Valve(PSV) 2" by pass line why given for process units.
What are the various utilities of the process plant?
