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Please see attached. Ontario Manufacturing, Inc., reported the following at December 31, 2014 and December 31, 2015: (Click the icon to view the data.) Ontario
Please see attached.
Ontario Manufacturing, Inc., reported the following at December 31, 2014 and December 31, 2015: (Click the icon to view the data.) Ontario Manufacturing has paid all preferred dividends through 2011 Requirement 1. Compute the total amounts of dividends to both preferred and common stockholders for 2014 and 2015 if total dividends are $90,000 in 2014 and $189,000 in 2015 Begin with 2014. Compute the total amounts of dividends to both preferred and common stockholders for 2014 if total dividends are $90,000. Class of Stock Preferred Common 2014 Dividends 40,500 Data Table Total Stockholders' Equity Preferred stock, cumulative, $3.00 par, 996, 50,000 shares issued Common stock, $0.35 par, 9,100,000 shares issued $ 150,000 3,185,000 Print DoneStep by Step Solution
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