subject
Business, 14.07.2019 06:00 lluvihorsechief01

Liberty, inc. has 2,500 shares of 4%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at december 31, 2014, and december 31, 2015. the board of directors declared and paid a $3,000 dividend in 2014. in 2015, $18,000 of dividends are declared and paid. what are the dividends received by the preferred and common shareholders in 2015? a. preferred: $5,000 common: $13,000 b. preferred: $7,000 common: $11,000 c. preferred: $11,000 common: $7,000 d. preferred: $9,000 common: $9,000

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:30
Maker-bot corporation has 10,000 shares of 10%, $90 par value, cumulative preferred stock outstanding since its inception. no dividends were declared in the first two years. if the company pays $400,000 of dividends in the third year, how much will common stockholders receive?
Answers: 2
question
Business, 22.06.2019 00:30
Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150
Answers: 1
question
Business, 22.06.2019 17:00
Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?
Answers: 3
question
Business, 22.06.2019 20:00
Double corporation acquired all of the common stock of simple company for
Answers: 1
You know the right answer?
Liberty, inc. has 2,500 shares of 4%, $50 par value, cumulative preferred stock and 50,000 shares of...
Questions
question
Mathematics, 28.08.2019 22:00
question
Social Studies, 28.08.2019 22:00