Preferred Stock—6%, $15 Par Value; 7,500 shares authorized, 6,000 shares issued and outstanding
Common Stock—$0.35 Par Value; 2,000,000 shares authorized, 1,300,000 shares issued and outstanding
Requirement 1:
a. Golden declares cash dividends of $25,000 for 2016. How much of the dividends goes to preferred​stockholders? How much goes to common​stockholders?
b. Assume the preferred stock is cumulative and Golden passed the preferred dividend in 2014 and 2015. In 2016​, the company declares cash dividends of $30,000. How much of the dividend goes to preferred​ stockholders? How much goes to common​stockholders?
c. Assume the preferred stock is noncumulative and Golden passed the preferred dividend in 2014 and 2015. In 2016​, the company declares cash dividends of $30,000. How much of the dividend goes to preferred​ stockholders? How much goes to common​ stockholders?
Golden​'s dividend would be divided between preferred and common stockholders in this​ manner:
Total Dividend
Dividend to preferred stockholders:
Dividend in arrears
Current year dividend
Total dividend to preferred stockholders
Dividend to common stockholders
Requirement 2:
Assume the preferred stock is cumulative and Golden passed the preferred dividend in 2014 and 2015. In 2016​, the company declares cash dividends of $30,000. How much of the dividend goes to preferred​ stockholders? How much goes to common​ stockholders?
Answers: 2
Business, 21.06.2019 20:00
Your assessment tool contains rich data about child progress in language and literacy but no details to explain the differences between children. you decide to: a. replace the tool with another b. analyze the data using factors such as language, ability, and participation rates c. review your anecdotal notations regarding language and literacy development d. talk with families about what they are seeing at home
Answers: 2
Business, 22.06.2019 12:30
howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?
Answers: 1
Business, 22.06.2019 14:10
Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity
Answers: 1
Preferred Stock—6%, $15 Par Value; 7,500 shares authorized, 6,000 shares issued and outstanding
C...
Computers and Technology, 14.12.2021 05:00
Mathematics, 14.12.2021 05:00
Computers and Technology, 14.12.2021 05:00
Mathematics, 14.12.2021 05:00
Mathematics, 14.12.2021 05:00
Chemistry, 14.12.2021 05:00
Social Studies, 14.12.2021 05:00
Mathematics, 14.12.2021 05:00
Social Studies, 14.12.2021 05:00
SAT, 14.12.2021 05:00