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Diamond Trust has the following classes of stock: B (Click the icon to view the data.) ers? Data Table - X Requirements 1. Diamond declares
Diamond Trust has the following classes of stock: B (Click the icon to view the data.) ers? Data Table - X Requirements 1. Diamond declares cash dividends of $22,000 for 2016. H 2. Assume the preferred stock is cumulative and Diamond stockholders? How much goes to common stockholders? 3. Assume the preferred stock is noncumulative and Diamo stockholders? How much goes to common stockholders $45,000. How much of the dividend goes to preferred Jis of $45,000. How much of the dividend goes to preferred Diamond's dividend would be divided between preferred and Preferred Stock-6%, $12 Par Value; 8,500 shares authorized, 7,000 shares issued and outstanding Common Stock-$0.25 Par Value; 1,800,000 shares authorized, 1,700,000 shares issued and outstanding Total Dividend Dividend to preferred stockholders: Dividend in arrears Current year dividend Print Done Total dividend to preferred stockholders Enter any number in the edit fields and then click Check Answer. Diamond Trust has the following classes of stock: B (Click the icon to view the data.) Requirements 1. Diamond declares cash dividends of $22,000 for 2016. How much of the dividends goes to preferred stockholders? How much goes to common stockholders? 2. Assume the preferred stock is cumulative and Diamond passed the preferred dividend in 2014 and 2015. In 2016, the company declares cash dividends of $45,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? 3. Assume the preferred stock is noncumulative and Diamond passed the preferred dividend in 2014 and 2015. In 2016, the company declares cash dividends of $45,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? Total Dividend Dividend to preferred stockholders: Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders Enter any number in the edit fields and then click Check
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