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18. Triad Corporation's December 31, 2016 balance sheet showed for the following: 8% preferred stock, $20 par value, cumulative, 10,000 shares authorized; 5,000 shares issued

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18. Triad Corporation's December 31, 2016 balance sheet showed for the following: 8% preferred stock, $20 par value, cumulative, 10,000 shares authorized; 5,000 shares issued $100,000 Common stock, $10 par value, 1,000,000 shares authorized, 650,000 shares issued, 640,000 shares outstanding 6,500,000 Paid-in capital in excess of par value-preferred stock 20,000 Paid-in capital in excess of par value-common stock Retained earnings 9,000,000 2,500,000 Treasury stock (10,000 shares) Triad declared and paid a $25,000 cash dividend on December 15, 2016. If the 210,000 company's dividends in arrears prior to that date were $6,000, Triad's common stockholders received A) $19,000. B) $9,000 C) $11,000 D) no dividend. - 19. Anders Inc., has 5,000 shares of 6%, $100 par value, cumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at December 31", 2018. There were no dividends declared in 2016. The board of directors declares and pays a $50,000 dividend in 2017 and in 2018. What is the amount of dividends received by the common stockholders in 2018? A) $10,000 B) $30,000 C) $50,000 D) $0 - the 20. Carter Corporation had net income of $250,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2016. Carter Corporation's common stockholders' equity at the beginning and end of 2016 was 5870,000 and $1,130,000, respectively. There are 100,000 weighted-average shares of common stock outstanding. Carter Corporation's return on common stockholders' equity was A) 25% B) 23% C) 20% D) 18%

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