corportaion and organization and stock

corporation and organization and stock

18B-3. Marble Corporation in its first three years of operation paid out the following dividends: Year 1: $0 Year 2: $29,000 Year 3: $86,000 Given that Marble has 2,900 shares of $104 par 10.0% cumulative, non- participating preferred stock and 15,300 shares of $25 par-value common stock, what would be the total dividends paid each year to holders of common and preferred stock? 18B-4. On January 1, 201X, Candy Corporation issued on a subscription basis