AC116 Pr 13-1A and 13-2A - UNIT...6

AC116 Pr 13-1A and 13-2A - UNIT...6 - Name: Joey D. Finley...

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Problem 13-1A Name: Joey D. Finley Section: Unit 6 Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount. 1. Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share 2005 $5,000 $5,000 $0.50 $0 $0.00 ### 2006 18,000 18,000 1.80 0 0.00 ### 2007 45,000 37,000 3.70 8,000 0.32 ### 2008 45,000 20,000 2.00 25,000 1.00 ### 2009 60,000 20,000 2.00 40,000 1.60 ### 2010 67,000 20,000 2.00 47,000 1.88 ### $12.00 ### $4.80 ### 2. Average annual dividend for preferred: $2.00 Average annual dividend for common: $0.80 3. a. Return on initial investment, preferred: 1.60% b. Return on initial investment, common: 10.00%
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Problem 13-2A
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Unformatted text preview: Name: Joey D. Finley Section: Unit 6 Enter the appropriate amount or account in the shaded cells. An asterisk (*) will appear next to an incorrect amount in the outlined cells. JOURNAL Date Description Debit Credit Jan. 10 Cash ### 2,000,000 ### ### Mortgage Note Payable ### ### 2,000,000 ### ### ### ### 21 Cash ### 1,267,500 ### ### Preferred Stock ### ### 1,200,000 ### Paid-in Capital in Excess of Par - Preferred Stock ### ### 67,500 ### ### ### ### Dec. 30 Building ### 1,850,000 ### ### Land ### 162,500 ### ### Common Stock ### ### 1,750,000 ### Paid-in Capital in Excess of Par - Common Stock ### ### 262,500 ### ###...
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AC116 Pr 13-1A and 13-2A - UNIT...6 - Name: Joey D. Finley...

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