Find the amount for common stockholders

Reference no: EM1346318

Written, Inc. has 300,000 outstanding shares of $2 par common stock and 60,000 shares of no-par 8% preferred stock with a stated value of $5. The preferred stock is cumulative and nonparticipating. Dividends have been paid in every year except the past 2 years and the current year.

Assuming that 150,000 will be distributed as a dividend in the current year, how much will the common stockholders receive?
A) 0
B) 78,000
C) 102,000
D) 126,000

Reference no: EM1346318

Questions Cloud

Provide an example from an organization : Communication and Trust - Provide an example from an organization of a situation that created or destroyed trust and highlighted some of the consequences.

Description of crisis communication management : Explain what specific crisis prevention strategies would you recommend to your client

Explain about effective communication techniques : Provide the scenario above, tell us how in this online discussion how you will communicate with each team chief when delivering complex information in a stressful situation and effective communication techniques for the different personality types..

What about mergers of justice - federal trade commission : Elucidate the rationale and the implications of the new guidelines used by the Department of Justice and the Federal Trade Commission for evaluating proposed mergers.

Find the amount for common stockholders : Written, Corporation has 300,000 outstanding shares of $2 par common stock and 60,000 shares of no-par 8 percent preferred stock with a stated value of dollar 5.

Calculation of present value and future value : An investment scheme pays 200 dollar at the end of each of the next four years, $400 at the end of year five, dollar 300 at the end of year six and $500 at the end of year seven.

What way the us trucking industry exemplified the capture : what way the U.S trucking industry exemplified the capture theory hypothesis of government regulation prior to the capture theory hypothesis of government regulation prior to the passage of the Motor Carrier Act of 1980

Multiple choice questions on investments in stock market : A stock portfolio is similarly allocated among Stock A, B, & C. Stocks A, B, & C have betas of 1.9, 1, and 0.57, respectively. The market has just risen 4 percent.

Illustrate causes changes in expenditure components of gdp : Illustrate what do you think causes changes in each of the expenditure (spending) components of GDP thereby causing changes in our economy's output, employment, and income levels.

User Account

All Pages