57,000/$12=4,750 hope this helps :)
Answer:
d. equals the dollar amount of outstanding U.S. Treasury bonds
Explanation:
The National debt is entirely represented by the total dollar amount of outstanding U.S. Treasury bonds, both those bonds that are held by the public (private citizens), or by other governments.
Currently, the U.S. National Debt is over 24 million, and the amount of debt that can be issued in the form of U.S. Treasury bonds is limited by the national debt ceiling.
Answer:
$1.45
Explanation:
First of all we need to know what is earnings available to common shareholders (EACS).
EACS is the part of earnings which is available to common shareholders after deducting preference dividend from net income after taxes.
We can understand the as follows
Net Profit after taxes $ xxxx
Less: Preference dividend (xxxx)
Earnings available to.common shareholders xxxx
From this amount is we divide number of common stocks / shares, we will get Earnings Per Share (EPS)
EPS = Earnings available to equity shareholders / number of common stock shares
Dividend Payout Ration to common stock (given) = 20%
It means the comapny is paying 20% of EPS to common stock holders and 80% of EPS is tthe retained earnings of the company
Hence dividend to common stockholder = Earnings available.to common shareholders × dividend payout ratio
= $7.25 × 20%
= $1.45
$1.45 is the dividend which company pay to common shareholders
Answer:
idc
Explanation:
i do not care, not at all.
Answer:
See below
Explanation:
With regards to the above, the entry to record of March 30 would be;
Debit stock dividends $140,400
Credit common stock dividends distributable $108,000
Credit paid in capital in excess of par $32,400
Calculations;
= 60,000 shares of $10 par value
= $600,000 × Stock dividend
= $600,000 × 18%
= $108,000
Stock dividend = 60,000 shares of $13 market value
= $780,000 × Stock dividend
= $780,000 × 18%
= $140,400
Additional paid in capital = $140,400 - $108,000 = $32,400
