How much is the dividend arrearage

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Reference no: EM131490236

When H Corp was organized in 1/14, it immediately issued 5,300 shares of $47 par, 7 percent, cumulative preferred stock and 9,500 shares of $8 par common stock. The company's earnings history is as follows: 2014, net loss of $16,400; 2015, net income of $59,500; 2016, net income of $111,100. The corporation did not pay a dividend in 2014.

How much is the dividend arrearage as of 1/1/15?

How much is the dividend arrearage in 2014?

How much are the dividends in 2015?

Reference no: EM131490236

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