23 Jul HOW MUCH IN TOTAL DIVIDENDS AND IN DIVIDENDS PER SHARE DOES TO EACH CLASS OF STOCK?
Dechow Company has outstanding 2000 Show more Determining Cash Dividends to Preferred and Common Stockholders Dechow Company has outstanding 20000 shares of $50 par value 6% cumulative preferred stock and 50000 shares of $10 par value common stock. The company declares and pays cash dividends amounting to $160000. a. If there are no preferred dividends in arrears how much in total dividends and in dividends per share does Dechow pay to each class of stock? b. If there are one years dividends in arrears on preferred stock How much in total dividends and in dividends per share does to each class of stock? Show less
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