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PLEASE GIVE ANSWER QUICKLY! Sailors Incorporation. a freight forwarder, a well-established company. The owner of the company Jack is interested in drawing certain figures regarding

PLEASE GIVE ANSWER QUICKLY!

Sailors Incorporation. a freight forwarder, a well-established company. The owner of the company Jack is interested in drawing certain figures regarding the performance of the company. The following accounts and their balances were extracted of the Sailors Inc., a freight forwarder, at December 31, 2009 the end of current fiscal year: Rs. 3% cumulative preferred stock, Rs.100 par value 15, 00,000 Paid in capital in excess of par (preferred stock) 1, 80,000 Common stock Rs.10 par 6, 75,000 Paid in capital in excess of par (common stock) 1, 25,000 Retained earnings 21, 06,500 There are 5, 00,000 shares authorized for common stock 67,500 shares issued ,and 50,000 shares authorized for cumulative preferred stock 15, 000 shares issued. Required: Use the above information to answer questions from (a) to (e). Follow all the steps for calculation a) If company declared total cash dividend of $70,000. Calculate dividend per share of preferred stock as well as common stock b) If company declared stock dividend of 10% when market value was Rs. 12. Calculate total monetary value of such dividend. c) If company earned net income of Rs.5, 00,000. Calculate EPS. d) Prepare stock holders equity section of balance sheet December 31, 2009. e) Calculate Book value/share of common stock. Company did not declare dividend for 1 full year

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