Proyectos

Universidad del Este
Recinto de Barceloneta

Asignación #2
Ejercicios (13-1 A), (13-1 B)
(14-1 A), (14-1 B)


ACCO 112

Ejercicio (13-1 A)

Taiwanese Company has 5,000shares of 4%cumulative preferred stock of $40 par and 10,000
shares of $90 par common stock. The following amounts were distributed as dividends:
Year 1 $15,000Year 2 5,000
Year 3 62,000
Determine the dividends per share for preferred and common stock for each year.| Year 1 | Year 2 | Year 3 |
Amount distributed | $ 15,000 | $ 5,000 | $ 62,000 |
Preferred dividend (5,000 shares) | 8,000 | 5,000 | 11,000 |
Common dividend (10,000 shares) | $ 7,000 | $ 0 |$ 51,000 |
| | | |
Dividends per share: | | | |
Preferred stock | $ 1.60 | $ 1.00 | $ 10.20 |
Common stock | $ 0.70 | 0 | $ 5.10 |

Ejercicio (13-1 B)
Master Craftmen Company has10,000 shares of 2% cumulative preferred stock of $50 par
and 25,000 shares of $75 par common stock. The following amounts were distributed as
dividends:
Year 1 $30,000Year 2 6,000
Year 3 80,000
Determine the dividends per share for preferred and commonstock for each year.

| Year 1 | Year 2 | Year 3 |
Amount distributed | $ 30,000 | $ 6,000 | $ 80,000 |
Preferred dividend (10,000 shares) | 10,000 | 6,000 | 14,000 |
Common dividend (25,000shares) | $ 20,000 | $ 0 | $ 66,000 |
| | | |
Dividends per share: | | | |
Preferred stock | $ 1.00 | $ .60 | $ 1.40 |
Common stock | $ 0.80 | 0 | $ 2.64 |

Ejercicio (14-1 A)Folmar Co. is considering the following alternative financing plans:
Plan 1 Plan 2
Issue 10% bonds (at...