What total amount be distributed to preferred stockholders

Reference no: EM13116858

The outstanding stock is composed of 10,000 shares of $100 par, cumulative preferred 5% stock, and 50,000 shares of $20 par common stock. Preferred dividends have been paid every year except for the preceding two years and the current year. If $145,000 is to be distributed as a dividend for the current year, what total amount will be distributed to the preferred stockholders?

Reference no: EM13116858

Questions Cloud

Why dont cells last the entire lifetime of an organism : Why don't cells last the entire lifetime of an organism.

Costly method of environmental dispute resolution : Brute force, or warfare, is generally agreed to be the most costly form of dispute resolution and Litigation is often the least costly method of environmental dispute resolution.

Find the organization''s marketing philosophy or orientation : Choose an organization. Choose one that is large enough so you can find information about it. Find the organization's marketing philosophy/orientation

Which is not true of amino acids : Which is not true of amino acids? a) There are 20 of them essential in the body b) They are the building blocks of proteins c) tRNA brings them to the ribosome for protein synthesis d) all of the above are true.

What total amount be distributed to preferred stockholders : If $145,000 is to be distributed as a dividend for the current year, what total amount will be distributed to the preferred stockholders?

What is the concentration of so3 at equilibrium : At a given temperature, the equilibrium constant K for the reaction 2SO2(g) + O2(g) 2SO3(g) is 3.0 × 109. If 2.80 mol of SO2 and 4.06 mol of O2 are placed in a 1.78-L container.

Specify the workings of an entire organism : How can DNA, which is made up of only four different bases, encode the information necessary to specify the workings of an entire organism?

Choice of exchange rate system : List three factors relevant for a country's choice of an exchange rate system. Using the US as an example, explain how these factors may have affected US policy regarding floating exchange rates.

Explain the business was a modest success : The business was a modest success and allowed Martha to experiment with new growing methods. Two years ago, Martha's research paid off.

User Account

All Pages