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Rody Corporation has 52,000 shares of $5 par common stock and 13,000 shares of $20 par 6% cumulative preferred stock outstanding. Rody was unable to
Rody Corporation has 52,000 shares of $5 par common stock and 13,000 shares of $20 par 6% cumulative preferred stock outstanding. Rody was unable to pay dividends in 2012 so preferred dividends are one year in arrears. In 2013, 2014, and 2015, Rody paid $17,200, $32,200, and $35,800 respectively. Fill in the worksheet showing the amount available for dividends, the amount paid to preferred and common stockholders and the amount in arrears for the years 2012 to 2015: if an amount box does not require, leave it blank or enter "0".
Year | Amounts available for dividends | Dividends to Preferred | Dividends to Common | Remaining in arrears |
2012 | ||||
2013 | ||||
2014 | ||||
2015 |
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