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can you please answer these quickly Question 27 of 46 Current Attempt in Progress Wildhorse Corporation has the following shareholders' equity on December 31, 2021:
can you please answer these quickly
Question 27 of 46 Current Attempt in Progress Wildhorse Corporation has the following shareholders' equity on December 31, 2021: Shareholders' equity Share capital $10 convertible preferred shares, 10,000 shares authorized, 5000 shares issued $550000 Common shares, no par value, 200,000 shares authorized, 80000 shares issued 2000000 Total share capital 2550000 Retained earnings 445000 Total shareholders' equity $2995000 If 590 preferred shares are converted into common shares what is the dollar value of the common shares issued? If 590 preferred shares are converted into common shares what is the dollar value of the common shares issued? O $14750 O $7542 O $50000 $64900 Question 28 of 46 - 71 TIT Concord Corporation has the following shareholders equity on September 30, 2021: Shareholders' equity Share capital $10 preferred shares, cumulative 10,000 shares authorized, 6800 shares issued $6800000 Common shares, 200,000 shares authorized, 10800 shares issued 216000 Total share capital 7016000 Retained earnings 580000 Total shareholders' equity $7596000 On September 15, 2021, Concord Corporation declared a $165000 dividend to be paid on October 15 to shareholders of record on September 30. Assuming there were no dividends in arrears, the total amount of the dividend paid to the preferred shareholders in On September 15, 2021, Concord Corporation declared a $165000 dividend to be paid on October 15 to shareholders of record on September 30. Assuming there were no dividends in arrears, the total amount of the dividend paid to the preferred shareholders in 2021 would be O $68000. O $165000. $0. O $142590. Question 32 of 46 - / 1 e At January 1, 2021, Concord Corporation had the following share capital: $3 Preferred shares, noncumulative, 500,000 shares authorized, 14500 shares issued $610000 Common shares, 1,000,000 shares authorized, 10000 shares issued 255000 $865000 On October 1, 2021, the company sold an additional 24000 common shares for proceeds of $336000. The corporation earned $131200 during the year. Assuming no dividends were declared or paid in 2021 to either preferred of common shareholders, earnings per share for 2021 would be (Round your answer to 2 decimal places.) $6.03. $8.20. $5.48. $5.14Step by Step Solution
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