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HW Score: 60.9%, 3. Homework: Chapter 13 Homework Score: 0.07 of 1 pt 2 of 5 (5 complete) S13-8 (book/static) Copperhead Trust has the following

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HW Score: 60.9%, 3. Homework: Chapter 13 Homework Score: 0.07 of 1 pt 2 of 5 (5 complete) S13-8 (book/static) Copperhead Trust has the following classes of stock: Click the icon to view the data.) Read the requirements. Question 0 Requirement 1. Copperhead declares cash dividends of $44.000 for 2018. How much of the dividends goes to preferred stockholders? How much goes stockholders? (Complete all input boxes. Enter "O" for any zero amounts.) Copperhead's dividend would be divided between preferred and common stockholders in this manner: Total Dividend 44,000 Dividend to preferred stockholders: Dividend in arrears Current year dividend 5,040 Total dividend to preferred stockholders (5,040) Dividend to common stockholders 38,960 Requirement 2. Assume the preferred stock is cumulative and Copperhead passed the preferred dividend in 2016 and 2017. In 2018, the company deck dividends of $46,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? (Complete all input boxes. E any zero amounts.) Copperhead's dividend would be divided between preferred and common stockholders in this manner: Total Dividend 38960 Dividend to preferred stockholders: Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders ferred stockholders ckholders * Requirements Data Table Preferred Stock6%, $12 Par Value; 8,500 shares authorized, 7,000 shares issued and outstanding Common Stock-$0.10 Par Value; 2,100,000 shares authorized, 1,400,000 shares issued and outstanding Print Done Print Done tockholders ers 0 Requirements X 1. Copperhead declares cash dividends of $44,000 for 2018. How much of the dividends goes to preferred stockholders? How much goes to common stockholders? 2. Assume the preferred stock is cumulative and Copperhead passed the preferred dividend in 2016 and 2017. In 2018, the company declares cash dividends of $46,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? 3. Assume the preferred stock is noncumulative and Copperhead passed the preferred dividend in 2016 and 2017. In 2018, the company declares cash dividends of $46,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? Print Done

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