Question 1

Question 1 10 pts Company Q has the following stocks issued and outstanding as of January 1, 2018 . 6,000 shares of $100 par. 4%, cumulative preferred stock . 100,009 shares of $1 par common stock Assume Company Q paid cash dividends tolaling 14,000 and 40.000 in 2018 and 2019, respectively. For each of the following. determine the amount of dividend distributed: Total Dividends Preferred Shareholders Common Shareholders 2018 $14,000 B 2019 $40,000 C D A. How much will W Company distribute to Preferred Shareholders in 2018? B. How much will W Company distribute to Common Shareholders in 2018? C. How much will W Company distribute to Preferred Shareholders in 2019? D. How much will W Company distribute to Common Shareholders in 2019? Edit View Insert Format Tanis Table