Title: Jane Kathryn has 30,000 shares outstanding of $10 par value, 10% preferred stock and 100,000 shares ... Post by: Fast2F on Jun 6, 2017 Jane Kathryn has 30,000 shares outstanding of $10 par value, 10% preferred stock and 100,000 shares outstanding $5 par value common stock. In the first 3 years of operations, the company paid dividends in Year 1, $0; Year 2, $40,000; Year 3, $100,000. Calculate the dividend paid to preferred and common stockholders under the following independent situations:
a) Preferred is non-cumulative and nonparticipating. Year Preferred Common 1 ________ ________ 2 ________ ________ 3 ________ ________ b) Preferred is cumulative and nonparticipating. Year Preferred Common 1 ________ ________ 2 ________ ________ 3 ________ ________ c) Preferred is cumulative and participating. Year Preferred Common 1 ________ ________ 2 ________ ________ 3 ________ ________ Title: Re: Jane Kathryn has 30,000 shares outstanding of $10 par value, 10% preferred stock and 100,000 ... Post by: keytwo on Jun 6, 2017 Content hidden
Title: Re: Jane Kathryn has 30,000 shares outstanding of $10 par value, 10% preferred stock and 100,000 shares ... Post by: Fast2F on Jul 18, 2017 I wish I would have known about this service with my other classes.
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