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Multiple Choice Question 152 Vaughn Manufacturing has 11500 shares of 5%, $100 par value, cumulative preferred stock and 23000 shares of $1 par value common
Multiple Choice Question 152 Vaughn Manufacturing has 11500 shares of 5%, $100 par value, cumulative preferred stock and 23000 shares of $1 par value common stock outstanding at December 31, 2017. There were no dividends declared in 2015. The board of directors declares and pays a $103500 dividend in 2016 and in 2017. What is the amount of dividends received by the common stockholders in 2017? O $57500. O $34500. O $46000. O $0. The following totals for the month of April were taken from the payroll records of Wildhorse Co.. Salaries $129600 FICA taxes withheld 9910 Income taxes withheld 27000 Medical insurance deductions 4900 Federal unemployment taxes 350 State unemployment taxes 2330 The entry to record the payment of net payroll would include a O debit to Salaries and Wages Payable for $85460. O credit to Cash for $97700. debit to Salaries and Wages Payable for $87790. O debit to Salaries and Wages Payable for $77880. Multiple Choice Question 146 Marigold Corp. has 7000 shares of 6%, $100 par value, cumulative preferred stock and 35000 shares of $1 par value common stock outstanding at December 31, 2017. What is the annual dividend on the preferred stock? O $6000 in total O $42000 in total O $60 per share O $0.06 per share
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