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Gould Company has the following stock outstanding: . Preferred Stock (5%, $100 par): 2,000 shares issued and outstanding Common Stock ($1 par): 4,000 shares issued
Gould Company has the following stock outstanding: . Preferred Stock (5%, $100 par): 2,000 shares issued and outstanding Common Stock ($1 par): 4,000 shares issued and outstanding. The preferred stock is NOT cumulative. Gould declares dividends of $12,000. How much of this will go to the COMMON shareholders? O $2.000 O $0 o $10,000 O $12.000
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