Question
Nash Corp. had $100,000 of 7%, $20 par value preferred stock and 12,000 shares of $25 par value common stock outstanding throughout 2020. Assuming that
Nash Corp. had $100,000 of 7%, $20 par value preferred stock and 12,000 shares of $25 par value common stock outstanding throughout 2020.
Assuming that total dividends declared in 2020 were $64,000, and that the preferred stock is not cumulative but is fully participating, common stockholders should receive 2020 dividends of what amount?
Common stockholders should receive | $
|
Assuming that total dividends declared in 2020 were $64,000, and that the preferred stock is fully participating and cumulative with preferred dividends in arrears for 2019, preferred stockholders should receive 2020 dividends totaling what amount?
Preferred stockholders should receive | $ |
Assuming that total dividends declared in 2020 were $30,000, that the preferred stock is cumulative, nonparticipating, and was issued on January 1, 2019, and that $5,000 of preferred dividends were declared and paid in 2019, the common stockholders should receive 2020 dividends totaling what amount?
Common stockholders should receive | $ |
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