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URCES Question 13 Marigold, Inc. has 9200 shares of 6%, $100 par value, noncumulative preferred stock and 92000 shares of $1 par value common stock
URCES Question 13 Marigold, Inc. has 9200 shares of 6%, $100 par value, noncumulative preferred stock and 92000 shares of $1 par value common stock outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid a $50900 dividend in 2016. In 2017, $109100 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2017? Preferred Common $54550 $54550 $55200 $53900 $63900 $45200 $109100 Click if you would like to Show Work for this question: Open Show Work
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