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Gammon Inc. declared dividends during the current years as follows: The current year's cash dividend on the 6%,$100 per value preferred stock . 100,000 shares
Gammon Inc. declared dividends during the current years as follows:
The current year's cash dividend on the 6%,$100 per value preferred stock . 100,000 shares were outstanding at the time of the declaration.
A cash dividend of $0.75 per share on the $10 per value common stock. 750,000 shares were outstanding at the time of the declaration.
What is the retained earnings?
what is the dividends payable?
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