Please explain how to calculate this to get an answer like the key above for number 72, 73, 104, 105, 112, 116, 119, and 121

Chapter : CORPORATIONS: DIVIDENDS, RETAINED EARNINGS, AND INCOME REPORTING

72. Outstanding stock of the Apex Corporation included 20,000 shares of $5 par common stock and 5,000 shares of 6%, $10 par noncumulative preferred stock. In 2007, Apex declared and paid dividends of $2,000. In 2008, Apex declared and paid dividends of $6,000. How much of the 2008 dividend was distributed to preferred shareholders?

73. Outstanding stock of the Bell Corporation included 20,000 shares of $5 par common stock and 10,000 shares of 6%, $10 par noncumulative preferred stock. In 2007, Bell declared and paid dividends of $4,000. In 2008, Bell declared and paid dividends of $12,000. How much of the 2008 dividend was distributed to preferred shareholders?

104. What is the return on common stockholders equity ratio for Greenwich?

105. What is the earnings per share for Greenwich?

112. West, Inc. has a net income of $400,000 for 2008, and there are 200,000 weighted- average shares of common stock outstanding. Dividends declared and paid during the year amounted to $80,000 on the preferred stock and $120,000 on the common stock. The earnings per share for 2008 is

116. Abbott Corporation splits its common stock 4 for 1, when the market value is $40 per share. Prior to the split, Abbott had 50,000 shares of $10 par value common stock issued and outstanding. After the split, the par value of the stock

119. Jennifer Company reports the following amounts for 2008: The 2008 rate of return on common stockholders' equity is

121. Milner Corporation had 200,000 shares of common stock outstanding during the year. Milner declared and paid cash dividends of $200,000 on the common stock and $160,000 on the preferred stock. Net income for the year was $880,000. What is Milners earnings per share?

72. Outstanding stock of the Apex Corporation included 20,000 shares of $5 par common stock and 5,000 shares of 6%, $10 par noncumulative preferred stock. In 2007, Apex declared and paid dividends of $2,000. In 2008, Apex declared and paid dividends of $6,000. How much of the 2008 dividend was distributed to preferred shareholders? a. $4,000 b. $7.000 c. $3,000 d. None of the above . 73. Outstanding stock of the Bell Corporation included 20,000 shares of $5 par common stock and 10,000 shares of 6%, $10 par noncumulative preferred stock. In 2007, Bell declared and paid dividends of $4,000. In 2008, Bell declared and paid dividends of $12,000. How much of the 2008 dividend was distributed to preferred shareholders? a. $8,000 b. $14,000 c. $6,000 d. None of the above Use the following information for questions 104-105. The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance figures. Stockholders' equity-common $150,000 Total stockholders' equity 200,000 Sales 100,000 Net income 25,000 Number of shares of common stock 10,000 Common stock dividends 10,000 Preferred stock dividends 4,000 104. What is the return on common stockholders' equity ratio for Greenwich? a. 16.7% b. 14.0% c. 12.7% d. 10.5% 112 105. What is the earnings per share for Greenwich? a. $2.50 b. $2.10 c. $1.50 d. $1.10 West, Inc. has a net income of $400,000 for 2008, and there are 200,000 weighted average shares of common stock outstanding. Dividends declared and paid during the year amounted to $80,000 on the preferred stock and $120,000 on the common stock. The earnings per share for 2008 is a. $2.00. b. $.60 c. $1.60 d. $1.00. 116. Abbott Corporation splits its common stock 4 for 1, when the market value is $40 per share. Prior to the split, Abbott had 50,000 shares of $10 par value common stock issued and outstanding. After the split, the par value of the stock remains the same is reduced to $2 per share. c. is reduced to $2.50 per share. d. is reduced to $10 per share. 119. Jennifer Company reports the following amounts for 2008: Net income $125,000 Average stockholders' equity 500,000 Preferred dividends 35,000 Par value preferred stock 100,000 The 2008 rate of return on common stockholders' equity is a. 18.0%. b. 22.5% c25.0% d. 31.3%. a. 121. Milner Corporation had 200,000 shares of common stock outstanding during the year. Milner declared and paid cash dividends of $200,000 on the common stock and $160,000 on the preferred stock. Net income for the year was $880,000. What is Milner's earnings per share? a. $2.60 b. $3.40 c. $3.60 d. $4.40