Managers who practice total quality management_______(A) invest more resources at the front end of the value chain in research a
1 answer:
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Answer:
$15000
Explanation:
The preferred dividend per year =
Here, the preference shares are cumulative thus dividends for preferred stocks are:
For 2016 = $310000 ( $480000 – 310000 = 170000 arrear)
For 2017 = $190000 ($480000 – 190000 = 290000 arrear )
Total arrear till 2017 = 170000 arrear + 290000 arrear = $460000
For 2018 = 480000 + 460000 = $940000
Thus, the amount of dividend payable to common stockholders in 2018 = $955000 - $940000 = $15000