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ia this correct? ilm/takeAssignment/takeAssignment Main.do?invokerStake AssignmentSessionLocator assignment-take&inprogress=false Calculator A company had stock outstanding as follows during each of its first three years of operations: 3,000
ia this correct? ilm/takeAssignment/takeAssignment Main.do?invokerStake AssignmentSessionLocator assignment-take&inprogress=false Calculator A company had stock outstanding as follows during each of its first three years of operations: 3,000 shares of 8%, $100 par, cumulative preferred stock and 57,000 shares of $10 per common stock. The amounts distributed as dividends are presented below. Determine the total and per share dividends for each class of stock for each year by completing the schedule. Round dividends per share to the nearest cent. Enter " o no dividends are paid. Preferred Common Dividends Total Per Share Total Per Share 1000 24,000 24,000 48.630 30.000 $30 0.53 Show Me How Calculator Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10% (issued at face amount) $950,000 Preferred $1 stock, $10 par 950,000 Common stock, $25 par 950,000 Income tax is estimated at 40% of income. ch Determine the earnings per share on common stock, assuming that the income before bond interest and income tax is (a) $399,000, (b) 5494,000, and (c) $589,000. Enter answers in dollars and cents, rounding to two decimal places. were sn't e net re a. Earnings per share on common stock b. Earnings per share on common stock c. Earnings per share on common stock n't exis ervice stry M stry on Do. Bible han Re. Remember to take interest, income tax and dividends into consideration
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