Question
1. Amelia Corporation has the following information in its financial statement: Preferred Stock 6% $100 par. Cumulative 10,000 shares authorized $540,000 Common Stock $2 par
1. Amelia Corporation has the following information in its financial statement:
| Preferred Stock 6% $100 par. Cumulative 10,000 shares authorized | $540,000 |
| Common Stock $2 par 400,000 shares authorized, 320,000 issued | 640,000 |
| Paid-in Capital - Common | 760,000 |
| Paid-in Capital - Preferred | 2,560,000 |
| Retained Earnings | 2,373,400 |
Refer to the information above. If Amelia paid a total of $75,000 in dividends, how much would each common stockholder receive for each share of stock owned? (Assume there are no dividends in arrears)
|
| A. | $0.23 |
|
| B. | $0.13 |
|
| C. | $0.18 |
|
| D. | $0.08 |
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Evaluating Web Sites For Legal Compliance Basics For Web Site Legal Auditing
Authors: Leopoldo Brandt Graterol, John Ng'ang'a Gathegi
1st Edition
0810844737, 978-0810844735
