1. Ambrosino, Inc has 25,000 shares of cumulative preferred 2% stock, $75 par and 200,000 shares of $10 par common stock. Calculate the amount of dividends owed tp preferred stockholders each date of declaration.

a. 15,000,000

b. 37,500

c. 30,000,000

d. 72,300

2. Cole, Inc has 20,000 shares of cumulative preferred 1% stock of $100 par and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 $10,000

Preferred stockholders received all $10,000 in year one, leaving no dividends for the common stockholders. What is the amount of preferred stock dividends per share in year 1?

a. 0

b. .50

C. 500

3.

Cole, Inc has 20,000 shares of cumulative preferred 1% stock of $100 par and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 $10,000

Preferred stockholders received all $10,000 in year one, leaving no dividends for the common stockholders. What is the amount of dividends in arrears resulting from year 1?

a. 20,000

b. 10,000

c. 50

d. 500