The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 of 6% cumulative preferred stock. The board of directors of Green declared cash dividends of $60,000 in 2011 after paying $20,000 cash dividends in each of 2010 and 2009. What is the amount of dividends common shareholders will receive in 2011? a. 28000
b. 30000
c. 50000
d. 25000

Option a (28000) is the right option.

Explanation:

Given:

Preferred stock,

= $400,000

In year 2009 and 2010, the dividends paid,

= $20,000 each year

Dividends declared,

= $60,000

Now,

The preferred dividend per year will be:

=

=

= ($)

Arrears in preferred dividend per year will be:

=

= ($)

For preferred stock, the total dividends arrears will be,

=

= ($)

hence,

The dividends which are received by the common stock holders will be:

=

By putting the values, we get

=

=

answer; it can vividly demonstrate product attributes and persuasively explain their corresponding consumer benefits;

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi