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Tn State Communications has the following stockholders' equity on December 31, 2018 (Click on the loon to view the stockholders' equity) Read the requirements Requirement
Tn State Communications has the following stockholders' equity on December 31, 2018 (Click on the loon to view the stockholders' equity) Read the requirements Requirement 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2018 and 2019 f total dividends are $10,000 in 2018 and $51,000 in 2019. Assume no changes in preferred stock and common stock in 2019. (Assume all preferred dividends have been paid prior to 2018. Complete all input boxes. Enter a "0" for zero amounts. For the current year preferred dividend, be sure to enter the calculate dividend on the "cument year dividend line and the paid out dividend on the "total dividend to preferred stockholders" Sne) Tri State's 2016 dividend would be divided between preferred and common stockholders in this manner Total Dividend-2018 Dividend to prefered stockholders Dividend in ar Curent year dividend Tutal dividend to preferred stockholders Dividend to common stockholders rs" line.) Data table Paid-In Capital: Stockholders' Equity year preferred dividend, be sure to e Preferred Stock-6%, $ 8 Par Value; 150,000 shares authorized, 25,000 shares issued and outstanding Common Stock-$3 Par Value; 575,000 shares 200,000 authorized, 320,000 shares issued and outstanding 960,000 1,120,000 Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity 2,280,000 210,000 S 2,490,000 Print Done X Clear all Check
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