The ABC Corporation has paid dividends on common stock (ordinary shares) over the five years as...
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The ABC Corporation has paid dividends on common stock (ordinary shares) over the five years as follows: Year 2008 2009 2010 2011 2012 Dividends $3,000 3,100 3,200 3,300 3,500 Earnings $5,000 5,100 4,500 5,400 5,500 During this five-year period, there were 1,000 common shares outstanding. (i). What are the dividends per share for each year? (5 marks) (ii). What is the dividend payout for each year? (5 marks) The ABC Corporation has paid dividends on common stock (ordinary shares) over the five years as follows: Year 2008 2009 2010 2011 2012 Dividends $3,000 3,100 3,200 3,300 3,500 Earnings $5,000 5,100 4,500 5,400 5,500 During this five-year period, there were 1,000 common shares outstanding. (i). What are the dividends per share for each year? (5 marks) (ii). What is the dividend payout for each year? (5 marks)
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No of Common shares 1000 Dividend per share Total Dividend for the yearNo of Common shares Ea... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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