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Tulia Dairy pays a $2.50 cash dividend and earns $5 per share. The cash dividend has recently

16 / 01 / 2019 Research Papers

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5. Tulia Dairy pays a $2.50 cash dividend and earns $5 per share. The cash dividend has recently… 1 answer below » 5. Tulia Dairy pays a $2.50 cash dividend and earns $5 per share. The cash dividend has recently been increased to $2.65 per share, and a 3 percent stock dividend has been declared. What is the effective rate of increase in the dividends for Tulia as a result of this action? 6. The Mori Egg Noodle Company has the following equity accounts on its balance sheet: View complete question » Common stock ($10 par, 300,000 shares) $ 3,000,000 Contributed capital in excess of  par 1,500,000 Retained earnings 5. Tulia Dairy pays a $2.50 cash dividend and earns $5 per share. The cash dividend has recently been increased to $2.65 per share, and a 3 percent stock dividend has been declared. What is the effective rate of increase in the dividends for Tulia as a result of this action? 6. The Mori Egg Noodle Company has the following equity accounts on its balance sheet: Common stock ($10 par, 300,000 shares) $ 3,000,000 Contributed capital in excess of  par 1,500,000 Retained earnings 6,000,000 Total common stockholders’ equity $10,500,000 INTERMEDIATE INTERMEDIATE CHALLENGE a.    What is the maximum amount of dividends that may be paid by the Mori Company if the capital impairment provisions of state law are limited to the following? i.  The par value of common stock ii.  The par value and the capital in excess of par accounts b.    What other factors may limit Mori’s ability to pay dividends? View less » Jan 07 2016 10:51 AM


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