Taylor complany paid cash dividends totaling 150000 in 2012

Reference no: EM13599868

Taylor complany paid cash dividends totaling $150,000 in 2012 and $75,000 in 2013. In 2014 she intends to pay 800,000. Compute the amount of cash dividends to be recieved by commom stockholders in 2014 under each of the following assumptions.

1. 25,000 shares common; 100,000 shares 6 percent, $50 par cumulative

2. 25,000 shares common; 50,000 shares 6 percent, $50 par non cumulative.

Reference no: EM13599868

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