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
- 1825 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
What is the Import Procurement Cycle ? and what are the customization steps in SAP ?
What are the greenhouse gases in earth's atmosphere?
Are there any special considerations to be taken into account for combusting ammonia?
What are the frequently asked technical questions in chemical engineering during PI?
What are some characteristics of bulk solids that can affect their ability to flow properly?
What is a good approximation for the heat transfer coefficient of hydrocarbons inside 3/4" tubes?
Can large temperature differences in vaporizers cause operational problems?
What are the applications of screen analysis in the chemical industry?
I am a student of class 12. With PCMB group. But I Am not good at math. So I wanted to ask whether Chemical engineering can be a good option for me.???
Explain what is the significance of the minimum flow required by a pump?
what is isochronus and droop speed?
what r the question asked in interview of gate,is it related to course?
What are the specialized grinding methods?
DEAR SIR, IS IT ANY BARC TECHNICAL OR INTERVIEW QUESTION BOOK IN CHEMICAL ENGG LAST YEARS IN MARKET? ALSO GIVE THE PATTERN HOW TO PREPARE AND WHAT TYPE OF QUESTION THEY ASKED?
Hi, Please give me chemical engineering paper for IOCL exam for entire written exam, GD and personel interview model questions to my email id. (chemistnathan@rediffmail.com) Rgds, Ragu
