Question: hi i need help with this question please make sure you complete all the questions and please make sure answers are correct. need it complete




Use the information provided below to answer the following questions. Other information: - All of the shares were issued during the first year of operations (year ended October 31, 2022) - The common shares were issued for an average price of $86 per share - The preferred shares were issued for an average price of $17 per share. - Retained Earnings at October 31, 2022. was $374,000. No dividends had been paid for the year ended October 31,2023 Required: 1. Calculate A. 2. Calculate B. 3. Calculate C. 4. Calculate D. 5. Calculate Profit/Loss for the year ended October 31, 2023. 6. Assume cash dividends of $110.000 were paid during the year ended October 31,2022 . Calculate the total dividends actually paid during the year ended October 31, 2022, to the 7. Referring to your answers in Part 6 above, calculate the dividends per share actually received by the (Round your final answers to 2 decimal places.) 7. Referring to your answers in Part 6 above, calculate the dividends per share actually received by the: (Round your finol answers to 2 decimal places.) 8. This part of the question is not part of your Connect assignment. 9. This part of the question is not part of your Connect assignment. 10. This part of the question is not part of your Connect assignment
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
