subject
Business, 11.12.2019 19:31 minixkevon

Nathan's athletic apparel has 1,300 shares of 5%, $100 par value preferred stock the company issued at the beginning of 2020. all remaining shares are common stock. the company was not able to pay dividends in 2020, but plans to pay dividends of $14,000 in 2021. required: 1. & 2. how much of the $14,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2021, assuming the preferred stock is cumulative? what if the preferred stock were noncumulative?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:10
Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)
Answers: 3
question
Business, 22.06.2019 14:30
Taking commercial paper means the holder acts honestly
Answers: 1
question
Business, 22.06.2019 14:40
Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.
Answers: 3
question
Business, 22.06.2019 19:20
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as
Answers: 2
You know the right answer?
Nathan's athletic apparel has 1,300 shares of 5%, $100 par value preferred stock the company issued...
Questions
question
Mathematics, 08.06.2021 18:00
question
Health, 08.06.2021 18:00
question
History, 08.06.2021 18:00
question
Mathematics, 08.06.2021 18:00
question
Mathematics, 08.06.2021 18:00