Wades outstanding stock consists of 58000 shares of

Reference no: EM13600599

Wade's outstanding stock consists of 58,000 shares of cumulative 5.00% preferred stock with a $10 par value and also 145,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends.

2011 $ 23,000
2012 24,875
2013 56,500
2014 84,000

Determine the amount of dividends paid each year to each of the two classes of stockholders.
Preferred Common

2011 $ $
2012 $ $
2013 $ $
2014 $ $

Determine the total dividends paid to each class for the four years combined.

Preferred Common
Total dividends for four years $ $

Reference no: EM13600599

Questions Cloud

It took a contractor 1285 hours to manufacture their first : it took a contractor 1285 hours to manufacture their first unit of an item. if the contractor expects to achieve a 92

Hendricks inc has an ending balance in retained earnings on : hendricks inc. has an ending balance in retained earnings on december 31 2010 or 567432. during 2010 it had declared

Soku company issues 35000 shares of 6 par value common : soku company issues 35000 shares of 6 par value common stock in exchange for land and a building. the land is valued at

Heathrow issues 1700000 of 8 15-year bonds dated january 1 : heathrow issues 1700000 of 8 15-year bonds dated january 1 2011 that pay interest semiannually on june 30 and december

Wades outstanding stock consists of 58000 shares of : wades outstanding stock consists of 58000 shares of cumulative 5.00 preferred stock with a 10 par value and also 145000

Assume that the company implements a 2-for-1 stock split : on june 30 2011 quinn corporations common stock is priced at 30.0 per share before any stock dividend or split and the

If you were an investor who was considering a potential : if you were an investor who was considering a potential company in which to buy stock what three ratios would be your

A company has net income of 940000 its weighted-average : a company has net income of 940000 its weighted-average common shares outstanding are 188000. its dividend per share

Oct 28 paid the dividend declared on september 5dec 31 : context corporation reports the following components of stockholders equity on december 31 2011. common stock-10 par

User Account

All Pages