Vaughn, Inc. has 6300 shares of 6%, $100 par value, noncumulative preferred stock and 12600 shares...

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Vaughn, Inc. has 6300 shares of 6%, $100 par value, noncumulative preferred stock and 12600 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2019. The board of directors declares and pays a $65600 dividend in 2020. What is the amount of dividends received by the common stockholders in 2020? Vaughn, Inc. has 6300 shares of 6%, $100 par value, noncumulative preferred stock and 12600 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2019. The board of directors declares and pays a $65600 dividend in 2020. What is the amount of dividends received by the common stockholders in 2020?

Answer rating: 100% (QA)

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