08-05Pr_5e_s

# Survey of Accounting (Available Titles Cengagenow)

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Problem 8-5 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the column to the right of an incorrect answer. 1. Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share 2005 \$5,000 2006 18,000 2007 45,000 2008 45,000 2009 60,000 2010 67,000 2. Average annual dividend for preferred: Average annual dividend for common: 3. a. Return on initial investment, preferred: b. Return on initial investment, common: Instructions

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Problem 8-5 Name: SOLUTION Section: Score: See student sheet for student's score Scoring: ON Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited.
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Unformatted text preview: A red asterisk (*) will appear in the column to the right of an incorrect answer. 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 20,000 2.00 25,000 1.00 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 \$10.30 \$5.48 2. Average annual dividend for preferred: \$1.72 Average annual dividend for common: \$0.91 3. a. Return on initial investment, preferred: 2.0% b. Return on initial investment, common: 4.0% Instructions...
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08-05Pr_5e_s - A red asterisk will appear in the column to...

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