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Due Sun 12/15/2019 11:59 pm Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, 550 par and 100,000 shares of $10 par common
Due Sun 12/15/2019 11:59 pm Zero Calories Company has 15,000 shares of cumulative preferred 1% stock, 550 par and 100,000 shares of $10 par common stock. The following amounts were distributed as dividends: 2011 2012 2073 $20,000 6,000 60,000 1. Determine the amounts for Preferred and Common based on the amount of dividends distributed; Arears are for the cumulative amount that was not paid in the current year and have been rolled to the following year. Preferred in Arears Common 5 7500 Years 2011 20Y2 2013 and Common Stock for each year sion In Arears Common Preferred $ 7500 Years 2011 20Y2 2043 2. Determine the dividends per share for Preferred and Common Stock for each year. Preferred Common Years 20Y1 20Y2 20Y3
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