Question
Not sure of my answers. Ballinger Corporation had the following stock outstanding for years 2013 through 2016: 5,000 shares of $100 par value; 7% preferred
Not sure of my answers.
Ballinger Corporation had the following stock outstanding for years 2013 through 2016: 5,000 shares of $100 par value; 7% preferred stock 9,000 shares of $20 par value common stock The amounts distributed as dividends are presented below as available dividends. Determine the total and per share dividends for each class of stock for each year by completing the schedule. Available Preferred Dividends Common Dividends Year Dividends Total Per share Total Per share 2013 20,000 20,000 4 - - 2014 30,000 30,000 6 - - 2015 100,000 100,000 20 65,000 13 2016 15,000 15,000 3 - -
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