Outstanding stock of the sheridan corporation included 35000 shares of $5 par common stock and 10500 shares of 5%, $10 par non-cumulative preferred stock. in 2019, sheridan declared and paid dividends of $5250. in 2020, sheridan declared and paid dividends of $17500. how much of the 2020 dividend was distributed to preferred shareholders?

Which of the following best describes why you need to establish goals for your program?

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm

E11-2 (multiple choice) identify the best answer for each of the following: which of the following statements about internal service fund liabilities is false? internal service funds may report both current and long-term liabilities. internal service funds may not issue bonds for financing purposes. internal service funds may report contingent liabilities. due to other funds would be reported as a current liability