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Holt Compary paid out cash dividends at the end of each year as follows: (a) Assume that Holt had 240,000 common shares and 10,000, 58

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Holt Compary paid out cash dividends at the end of each year as follows: (a) Assume that Holt had 240,000 common shares and 10,000, 58 , non-cumulative preferred shares. How much cash would be paid out in 2018, 2019, and 2020 to each class ot shares? Assume that Hole had 110,000 common shares, and 6,000, 33 , cumulative preferred shares that were three years in arrears as at January. 1, 2018. How moch casti would be paid out in 2018. 2019 and 2020 to exch class of shares? Prince Obscrvation incorporated on May 1,2020 , and was authorited to iswue 500,000 commonshares and 100,000,5% non. participatinit convertible preferred thares. During the remainder of 2020 , the compamy entered into the following transactions: 1. Issued 34,000 common shares in exchanged for $782,000. 2. issued 5,000 preterfed shares in enchange for $65,000 3. Repurchased 4,000 comnon shares for $24 per share in the open market. The company entered into no other transactions that atfected sharehoiders equity during 2020. Provide the journal entries for each of the transiactions. (Credit account tities are autamatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the accoumt tifles and enter ofor the amounts.) Prince Observation generated $772,000 in net income in 2020 and did not declare any dividends during 2020. Prepare the stareholders' equity'section of the statement of financial position as of December 31,2020 . OCloud Corporation's suite of software products and services provides secure and scalsble solutions for global companies. The following is an extract from the company's 2020 and 2019 comparative income statements and statement of financial position. Th: market price of OCloud's common shares was $40.21 and $38,40 on June 30,2020 , and June 30,2019 , respectiveiv. OCloud declared dividends per common share of $0.473 and $0.412 for 2020 and 2019 , respectively. Calculate the return on shareholders' equity for OCloud in 2020 . Note that OCloud's articles of incorporation authorize only common shares. The average return for the shares listed on the Toronto Stock Exchange in a comparable period was 19.8%. (Round answer to 1 decimal place, eg. 15.2\%) Returnonshareholder's equity Calculate carnings per share for the years 2020 and 2019. (Round answers to 2 decimal places, es. 15.27) Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. (Round answers to 1 decimal place, es. 15.2X)

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