Hacienda Tile Company has 100,000 shares of common stock issued and outstanding and 1,000 shares of 8%,

Question:

Hacienda Tile Company has 100,000 shares of issued and outstanding and 1,000 shares of 8%, $100 preferred stock issued and outstanding. Hacienda had cash flows from operating activities of $120,000. Cash flows used for investments in property, plant, and equipment totaled $45,000, of which 60% of this investment was used to replace existing capacity. A cash of $0.20 per share was declared and paid on .
Determine the for Hacienda Tile Company.

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...