Biology Forums - Study Force

The Columbia Company earned 1,400,00 . last year. The capital stock of the company consists of 8,000,00 . of 6 cumulative preferred stock and 15,000,00 . of common stock. The directors declared a dividend of the entire earnings. During the previous year, the company earned 240,00 . and the directors declared a dividend of the entire earnings. What is the total amount that will be paid to the holders of preferred stock?

Q. 2

The check register of Boswell Co indicated a cash balance of 3,689.50 at the beginning of the month. During the month Boswell Co made two deposits of 1,450.34 and 950.30 . During the same month Boswell Co wrote checks for 140.50, 1,469.29, 51.90, and 789.12 . What balance should the register show for cash at the end of the month?

Q. 3

The Hybrid Company earned 52,00 . last year. The capital stock of the company consists of 300,00 . of 7 cumulative preferred stock and 200,00 . of common stock. The directors declared a dividend of the entire earnings. During the previous year, the company earned only enough to pay a 2 dividend on preferred stock. What is the total amount that will be paid to the holders of common stock?

Q. 4

A check stub shows a balance brought forward of 835.90, a deposit of 300.00 . and a check amount of 285.62 . Calculate the balance carried forward.

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