Amount of dividends received by the common stockholders

Assignment Help Accounting Basics

Reference no: EM13142773

Anders, Inc., has 5,000 shares of 5%, $100 par value, cumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at December 31, 2011. There were no dividends declared in 2009. The board of directors declares and pays a $45,000 dividend in 2010 and in 2011. What is the amount of dividends received by the common stockholders in 2011?

$15,000

$25,000

$45,000

Reference no: EM13142773

Questions Cloud

Stock in red corporation : On September 3, 2009, Able purchased S 1244 stock in Red Corporation for $6,000. On December 31, 2009 the stock was worth $8,500. On August 15,2010 Able was notified that the stock was worthless. How should able report this item on his 2009 and 20..

What are the different types of terrorism? : What are the different types of terrorism?

Stockholders equity section : Complete the stockholders' equity section of Milo's Company's balance sheet at December 31, 2010 below.

Find which measure has the greater dispersion : Test Scores: mean=100 variance = 225 Years of Service: mean=5 variance = 81 Of test scores and years of service, which measure has the greater dispersion?

Amount of dividends received by the common stockholders : There were no dividends declared in 2009. The board of directors declares and pays a $45,000 dividend in 2010 and in 2011. What is the amount of dividends received by the common stockholders in 2011?

Reduction in retained earnings : On that date, when the market price of Oliver was $14 per share, there were 180,000 shares of Gibbs outstanding. What NET reduction in retained earnings would result from this property dividend?

What are the two major types of transposable elements : What are the two major types of transposable elements and how do their mechanisms of movement differ?

The transition into adulthood may differ : The transition into adulthood may differ depending on cultural traditions and rites of passage from adolescence to adulthood. The transition into adulthood is also a time for relationships and romance from a normative perspective.

How do genetic ratios in testcrosses and f2 progenies : What is the distinction between autopolyploids and allopolyploids and how do genetic ratios in testcrosses and F2 progenies differ for autotetraploids and allotetraploids?

User Account

All Pages