Use the following information for Portland Corporation to calcualte Equity data. Market price $85 Preferred stock...
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Use the following information for Portland Corporation to calcualte Equity data. Market price $85 Preferred stock Common stock Retained earnings 1 Current Common Market Price: 2 What is the par value for the preferred stock? What is the par value for the common stock? a. Dividends in arrears Par Value S? S? 3 What is the book value of Preferred and Common if 2 years of dividends are in arrears? par value div per share Portland Corporation 1 yr div in arrears b. Preferred stock Book Value per share X c. Common stock book value per share X X Preferred Stock Equity S Dividend in arrears $ Total Preferred Equity S Total Preferred Stock Equity S #shares outstanding Common Equity S Retained earnings - Dividend in arrears S Total Common Equity S Shares out 1,000 4,000 Total Common Equity S #shares outstanding dividend% ann div per share #shares years in arrears Dividend in arrears 5% Cumulative Preferred Book value per share Common Book value per share Total SS 50,000 80,000 150,000 280,000 Use the following information for Portland Corporation to calcualte Equity data. Market price $85 Preferred stock Common stock Retained earnings 1 Current Common Market Price: 2 What is the par value for the preferred stock? What is the par value for the common stock? a. Dividends in arrears Par Value S? S? 3 What is the book value of Preferred and Common if 2 years of dividends are in arrears? par value div per share Portland Corporation 1 yr div in arrears b. Preferred stock Book Value per share X c. Common stock book value per share X X Preferred Stock Equity S Dividend in arrears $ Total Preferred Equity S Total Preferred Stock Equity S #shares outstanding Common Equity S Retained earnings - Dividend in arrears S Total Common Equity S Shares out 1,000 4,000 Total Common Equity S #shares outstanding dividend% ann div per share #shares years in arrears Dividend in arrears 5% Cumulative Preferred Book value per share Common Book value per share Total SS 50,000 80,000 150,000 280,000 Use the following information for Portland Corporation to calcualte Equity data. Market price $85 Preferred stock Common stock Retained earnings 1 Current Common Market Price: 2 What is the par value for the preferred stock? What is the par value for the common stock? a. Dividends in arrears Par Value S? S? 3 What is the book value of Preferred and Common if 2 years of dividends are in arrears? par value div per share Portland Corporation 1 yr div in arrears b. Preferred stock Book Value per share X c. Common stock book value per share X X Preferred Stock Equity S Dividend in arrears $ Total Preferred Equity S Total Preferred Stock Equity S #shares outstanding Common Equity S Retained earnings - Dividend in arrears S Total Common Equity S Shares out 1,000 4,000 Total Common Equity S #shares outstanding dividend% ann div per share #shares years in arrears Dividend in arrears 5% Cumulative Preferred Book value per share Common Book value per share Total SS 50,000 80,000 150,000 280,000 Use the following information for Portland Corporation to calcualte Equity data. Market price $85 Preferred stock Common stock Retained earnings 1 Current Common Market Price: 2 What is the par value for the preferred stock? What is the par value for the common stock? a. Dividends in arrears Par Value S? S? 3 What is the book value of Preferred and Common if 2 years of dividends are in arrears? par value div per share Portland Corporation 1 yr div in arrears b. Preferred stock Book Value per share X c. Common stock book value per share X X Preferred Stock Equity S Dividend in arrears $ Total Preferred Equity S Total Preferred Stock Equity S #shares outstanding Common Equity S Retained earnings - Dividend in arrears S Total Common Equity S Shares out 1,000 4,000 Total Common Equity S #shares outstanding dividend% ann div per share #shares years in arrears Dividend in arrears 5% Cumulative Preferred Book value per share Common Book value per share Total SS 50,000 80,000 150,000 280,000
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Lets calculate the equity data for Portland Corporation based on the given information 1 Current Com... View the full answer
Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
Posted Date:
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