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The following information is available for Nablus Corporation :Common Shares 1,250,000 January 1, 2019 Shares outstanding (Beginning) 200,000 April 1, 2019 Shares issued (75,000) July
The following information is available for Nablus Corporation :Common Shares 1,250,000 January 1, 2019 Shares outstanding (Beginning) 200,000 April 1, 2019 Shares issued (75,000) July 1, 2019 Treasury shares purchased October 1, 2019 Shares dividend 20% 10,000 December 31, 2019 Shares issued ** Preference Shares:10%, $100, 1,000 shares issued ** Net Income for the year 2019: $2,500,000 **Dividends per common shares $1 per share, **Market price for common shares at December 31, 2019 $9.5 per share Compute: Income available for common shares 2,500,000 2,480,000 2,000,000 2.490,000 The following information is available for Nablus Corporation :Common Shares 1,250,000 January 1, 2019 Shares outstanding (Beginning) 200,000 April 1, 2019 Shares issued (75,000) July 1, 2019 Treasury shares purchased October 1, 2019 Shares dividend 20% 10,000 December 31, 2019 Shares issued ** Preference Shares:10%, $100, 1,000 shares issued ** Net Income for the year 2019: $2,500,000 **Dividends per common shares $1 per share, **Market price for common shares at December 31, 2019 $9.5 per share Compute: Income available for common shares 2,500,000 2,480,000 2,000,000 2.490,000
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