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i just need the answers fast guys. thanks for the help Nance Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, $20
i just need the answers fast guys. thanks for the help
Nance Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000 shares authorized; 10,000 shares issued $ 200,000 Common stock, $10 par value, 2,000,000 shares authorized: 1,300,000 shares issued, 1,280,000 shares outstanding 13,000,000 Paid-in capital in excess of par value preferred stock 40,000 Paid-in capital in excess of par value-common stock 18.000.000 Retained eamings 3,100,000 Treasury stock (20,000 shares) 420,000 Nance declared and paid a $50,000 cash dividend on December 15, 2012. If the company's dividends in arrears prior to that date were $12,000, Triad's common stockholders received 1) $38,000 2) $18,000. 3) $22.000 4) no dividend Step by Step Solution
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