x******l
发帖数: 104 | 1 A company issued nonconvertable cumulative preferred stock and common stock
in year 1, if there was no dividend declared in year 1 and company only paid
dividend in year 2, when we calculate EPS in year 2, do we need consider /
deduct dividend in arrears of year1 (F7 multiple choice-EPS)? Thanks |
F******d
发帖数: 1 | 2 I think you should deduct the dividend not paid in year 1 .
Since it is cumulative,"any preferred dividend not paid in any year
accumulates and must be paid in the future before dividends can be paid to
common shareholders."
stock
paid
【在 x******l 的大作中提到】
: A company issued nonconvertable cumulative preferred stock and common stock
: in year 1, if there was no dividend declared in year 1 and company only paid
: dividend in year 2, when we calculate EPS in year 2, do we need consider /
: deduct dividend in arrears of year1 (F7 multiple choice-EPS)? Thanks
|
j******g
发帖数: 200 | 3 Yes, deduction is a must. I am doing wiley test bank for this part. A lot of
questions are about this point.
【在 F******d 的大作中提到】
: I think you should deduct the dividend not paid in year 1 .
: Since it is cumulative,"any preferred dividend not paid in any year
: accumulates and must be paid in the future before dividends can be paid to
: common shareholders."
:
: stock
: paid
|
x******l
发帖数: 104 | 4 The answer only deducts year 2 dividend. Becker lectures said: for
cumulative preferred stock,we consider how much dividend we owed to
preferred stockholders (P/S x percentage%)regardless whether it's declared
or paid. Are they different when we calculate dividend availabe to common
stockholders and EPS? Suffering..Thank you for you guys reply. |
c******r
发帖数: 64 | 5 you need to consider the P/S dividends in year 1&2
before you conside common stock dividends in Year 2.
.........................
........do we need consider / deduct dividend in arrears of year1 |
