### 131 a corporation has 50 000 shares of 25 par value stock outstanding that has a cur 4295274

131. A corporation has 50,000 shares of \$25 par value stock outstanding that has a current market value of \$150.  If the corporation issues a 5-for-1 stock split, the market value of the stock after the split will be approximately:
A. \$25
B. \$150
C. \$5
D. \$30

132. A corporation has 50,000 shares of \$25 par value stock outstanding that has a current market value of \$120.  If the corporation issues a 5-for-1 stock split, the par value of the stock after the split will be:
A. \$5
B. \$60
C. \$25
D. \$24

133. A corporation has 60,000 shares of \$25 par value stock outstanding that has a current market value of \$120.  If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be:
A. 60,000
B. 10,000
C. 300,000
D. 30,000

134. Earnings per share
A. is the net income per common share
B. must be reported by publicly traded companies
C. helps compare companies of different sizes
D. all of the above

135. Samuels, Inc. reported net income for 2011 is \$105,000.  During 2011 the company had 5,000 shares of \$100 par, 5% preferred stock and 20,000 of \$5 par common stock outstanding.  Samuelsâ€™ earnings per share for 2011 is
A. \$4.00
B. \$5.25
C. \$6.50
D. \$5.00

136. Sabas Company has 20,000 shares of \$100 par, 2% cumulative preferred stock and 100,000 shares of \$50 par common stock.  The following amounts were distributed as dividends:

 Year 1: \$10,000 Year 2: 45,000 Year 3: 90,000

Determine the dividends per share for preferred and common stock for the first year.

A. \$0.50 and \$0.10
B. \$0.00 and \$0.10
C. \$0.50 and \$0.00
D. \$2.00 and \$0.00

137. Sabas Company has 20,000 shares of \$100 par, 2% cumulative preferred stock and 100,000 shares of \$50 par common stock.  The following amounts were distributed as dividends:

 Year 1: \$10,000 Year 2: 45,000 Year 3: 90,000

Determine the dividends per share for preferred and common stock for the second year.
A. \$2.25 and \$0.00
B. \$2.25 and \$0.45
C. \$0.00 and \$0.45
D. \$2.00 and \$0.45

138. Sabas Company has 20,000 shares of \$100 par, 2% cumulative preferred stock and 100,000 shares of \$50 par common stock.  The following amounts were distributed as dividends:

 Year 1: \$10,000 Year 2: 45,000 Year 3: 90,000

Determine the dividends per share for preferred and common stock for the third year.
A. \$4.50 and \$0.25
B. \$3.25 and \$0.25
C. \$4.50 and \$0.90
D. \$2.00 and \$0.25

139. Sabas Company has 20,000 shares of \$100 par, 2% cumulative preferred stock and 100,000 shares of \$50 par common stock.  The following amounts were distributed as dividends:

 Year 1: \$10,000 Year 2: 45,000 Year 3: 90,000

Determine the dividends in arrears for preferred stock for the second year.
A. \$25,000
B. \$10,000
C. \$0
D. \$30,000