Business Administration 2257 Study Guide - Final Guide: Accrued Interest, Retained Earnings, List Of Bluetooth Profiles
29 Jan 2016
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Don"t forget to set up current for next year, Subtract current portion from cash paid to find interest. Always pay preferred shareholders if not done yet. Don"t pay more than once, or for previous years it non cumulative. If cumulative and not paid, pay out all accrued dividends. Determine value by using the: market price on the date of declaration multiplied by the number of shares distributed. Example: 1750 shares x 4% x . 50 = . Repurchase / retirement: compare bv with cash paid (disbursements) Bv = (t/b stock @ purchase) x % repurchased: determine loss or gain. Use bv of preferred as the value of common. Converting 33% = 330,000 = value of new c. s. The number of shares is found by 25,000 p. s x 33% 8,250 x 7 [ 7:1 ] = 57,750. Record the carrying value (bv of the bonds in a. If market price given (issued at 102) use. If market rate given use present values.
