phillip rocn and mud is trying to determine the maximum amount of cash dividends

what is maximum amount of dividends per share in the firm could pay in terms of cash availability what is the maximum amount of dividends per share

the cash divi by how much should the stock go down on the es-dividend date? What new price of the stock be? are distributed quarterly. Based solely on the impact of u Intermediate Problems in its balance 13. The Western Pipe Company has the following capital section sheet. Its stock is currently selling for $5 per share. m Common stock (50,000 shares at $1 par) Capital in excess of par Retained earnings $50,000 50,000 100,000 $200,000 The firm intends to first declare a 10 percent stock dividend and then a 20-cent cash dividend (which also causes a reduction of retained earning after the second transaction. Phillips Rock and Mud is trying to determine the maximum amount of cas Show the capital section of the balance sheet after the first transaction and dividends it can pay this year. Assume its balance sheet is as follows Assets Cash Accounts receivable Fixed assets 312,500 800,000 987,500 $2,100,000 Total assets Liabilities and Stockholders' Equity Accounts payable Long term payable.... Common stock (250,000 shares at $2 par) .. 445,000 280,000 500,000 875,000 ..$2,100,000 Total liabilities and stockholders' equity