Question
QUESTION 1 PT ABC announced dividends to be distributed to preferred and common stockholders. Preferred shares owned by shareholders are 15,000 shares with a par
QUESTION 1 PT ABC announced dividends to be distributed to preferred and common stockholders. Preferred shares owned by shareholders are 15,000 shares with a par price of Rp. 1,300. PT ABC distributed dividends of Rp 100 per share. Preferred shares owned by PT ABC are cumulative. The common shares owned by PT ABC are 25,000 with a par price of Rp. 1,700. The company distributes a dividend of Rp 130 for each common share. PT ABC's net profit is Rp 5,000,000. REQUESTED: a. How much dividend will be paid to preferred and common stockholders in 2021? b. If PT ABC does not distribute dividends in 2020, how much dividend should be paid to shareholders in 2021? c. If PT ABC's net profit in 2021 is IDR 4,000,000, how is the dividend distribution at PT ABC? d. If PT ABC does a 4:1 stock split. What is the impact of this transaction on PT ABC?
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