Shareholders equity: Share capital VAN GOGH LIGHTING INC. Statement of Financial Position (partial) 0.7% 1.2% 2.0%...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Shareholders equity: Share capital VAN GOGH LIGHTING INC. Statement of Financial Position (partial) 0.7% 1.2% 2.0% 1.6% 2018 S8 non-cumulative preferred shares, redeemable, 50,000 shares authorized, 10,000 shares issued Common shares, unlimited number of shares authorized, 350,000 shares issued Total share capital Retained earnings Accumulated other comprehensive income Total shareholders' equity Additional information: 1) Net income in 2018 was $1,500,000. 2) Preferred share dividends of $80,000 were paid in 2018. 3) The company paid common share dividends of $0.68 per share. The fair value of the common shares is $43 per share. What is Van Gogh's dividend yield for its common shareholders for the year? $ 2,000,000 2017 10,400,000 12,400,000 5,930,000 425,000 $18.755.000 $ 2,000,000 10,400,000 12,400,000 4,748,000 482.000 $17.630.000 Shareholders equity: Share capital VAN GOGH LIGHTING INC. Statement of Financial Position (partial) 0.7% 1.2% 2.0% 1.6% 2018 S8 non-cumulative preferred shares, redeemable, 50,000 shares authorized, 10,000 shares issued Common shares, unlimited number of shares authorized, 350,000 shares issued Total share capital Retained earnings Accumulated other comprehensive income Total shareholders' equity Additional information: 1) Net income in 2018 was $1,500,000. 2) Preferred share dividends of $80,000 were paid in 2018. 3) The company paid common share dividends of $0.68 per share. The fair value of the common shares is $43 per share. What is Van Gogh's dividend yield for its common shareholders for the year? $ 2,000,000 2017 10,400,000 12,400,000 5,930,000 425,000 $18.755.000 $ 2,000,000 10,400,000 12,400,000 4,748,000 482.000 $17.630.000
Expert Answer:
Answer rating: 100% (QA)
Dividend paid per common share 068 Fair value per c... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Posted Date:
Students also viewed these accounting questions
-
The income statement and unclassified statement of financial position for Nackawic Inc. follow: Additional information: 1. Long-term investments were sold for $5,000, resulting in a realized loss of...
-
Statement of Financial position Adjustment and Preparation Presented below is the statement of financial position of Sargent Corporation for the current year. 2010 The following information is...
-
The 31 December 20X3 statement of financial position shows FVTOCI investments at $ 456,800, and accumulated other comprehensive income at $ 169,000. The investments were purchased in 20X3. Interpret...
-
The equity profolio of a company is thus 31/12/2001. Nature: Actions A, Quantity = 350, Unit cost = 36000, Purchase dates = 03/1999, 2000 = 37000, 2001= 34000. Nature: Actions B, Qauntity = 125, Unit...
-
What are the three types of learners, and how is the presentation different for each of these groups in your audience?
-
Although they should be considered independently, often the investing and financing decisions are considered together. Consider the following quote from personal finance guru Suze Orman: It drives me...
-
What stakeholder affected by their behavior was Gilead weighting very lightly when it decided what to tell the FDA about the medicines it wished to have permission to sell?
-
The State Government administers a special revenue fund, the Fish and Game Fund. By legislation, revenue in this fund can be used only for the purpose of protection, propagation, and restoration of...
-
2. Draw one (1) accurate graph to show the production possibilities frontier for the head of household's own child PPFo given a budget of T=20Eo+20Co when E is units of education and C is units of...
-
1. If Amanda and David wanted to transfer the ownership of all 5 policies to Paws and Claws today through an absolute assignment, calculate the total amount of their donation receipt they would be...
-
1. Gather requirements, design and document a software solution P(16 Hrs) Tasks and Assignments a. Gathered requirements 10 marks - Prepare questions for the business owner to learn what are the...
-
Trevor needs a new computer for college. His uncle lends him $1,000 at 5 percent interest for 3 years. a. What is the total payment after 3 years if simple interest is used? b. How much of the total...
-
Shannon purchases a bond for \($1\),142.38. The bond matures in 3 years, and she will redeem it at its face value of \($1\),200. Interest premiums are paid annually. If Shannon will earn a yield of...
-
If you borrow \($40\),000 at 9 percent annual compound interest and pay it back with 7 equal annual payments, what will be the size of each payment if the first payment occurs 1 year after borrowing...
-
Jayjeet wants to purchase a car but needs $5,000 to do so. His uncle Eswar offers to loan him the money at 8 percent compounded yearly. Uncle Shankar offers to loan him the money at 9 percent simple...
-
A sum of $1,000 is borrowed today. The loan is to be paid off with interest at the end of 3 years with no payments made in between. Calculate the total interest paid using: a. Simple interest of 8...
-
Express the function as the sum of a power series by first using partial fractions. (Give your power series representation centered at x=0.) 13 x 58 - 36 ( n=0 Find the interval of convergence....
-
In a paragraph of approximately 150-200 words, analyze a film or TV/Streaming Show poster of your choosing by focusing on the ways in which representations in the poster are gendered. Include an...
-
Use this list of terms to complete the sentences that follow. 1. __________________ establish goals for the company's sales and production personnel.2. The _______________ is a set of interrelated...
-
The financial statements of Apple Inc. are presented in Appendix D. The complete annual report, including the notes to its financial statements, is available at the companys website. Instructions Use...
-
For its three investment centers, Kowloon Ltd. accumulates the following data: Compute the return on investment (ROI) for each center. II III HK$4,000,000 HK$ 4,000,000| 3,600,000 10,000,000 Sales...
-
The Lorenz curve for Bangladesh looks like this: How much income do individuals in the top income quintile in Bangladesh receive? Cumulative percentage of income 58.7% 37.4 21.3 8.9 20 40 60 80 100%...
-
What would the Lorenz curve for lawyers represent?
-
The accompanying table shows income distribution data for three countries: a. Using this information, draw a Lorenz curve for each country. b. Which country has the most equal distribution of income?...
Study smarter with the SolutionInn App