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The following data is available for Vaughn Manufacturing at December 31, 2020: Common stock, par $ 10 (authorized 31500 shares) $220500 Treasury stock (at cost
The following data is available for Vaughn Manufacturing at December 31, 2020: Common stock, par $ 10 (authorized 31500 shares) $220500 Treasury stock (at cost $15 per share) $975 Based on the data, how many shares of common stock are issued? 31500. 21985. 22050. 25135. Outstanding stock of the Pharoah Company included 54000 shares of $5 par common stock and 13000 shares of 5%, $10 par non- cumulative preferred stock. In 2019. Pharoah declared and paid dividends of $10800. In 2020, Pharoah declared and paid dividends of $32400. How much of the 2020 dividend was distributed to preferred shareholders? $25900 $17300 $6500 None of these answer choices are correct
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