Answer:
$12,000
Explanation:
total preferred dividends per year = 1,200 x $50 x 5% = $3,000
since they were not paid during the past three years, and they are cumulative, the total preferred dividends = $3,000 x 4 = $12,000
common stock dividends = total dividends - accumulated preferred dividends = $25,000 - $12,000 = $13,000
cumulative preferred stocks that are not paid in the past, must be paid before any common dividends are paid
Comparative financial statements in which each financial statement amount is expressed as a percentage of a base amount are called Common-size comparative statements.
<h3>What is a comparative financial statement?</h3>
A comparative statement is a record used to compare a particular financial statement with previous period statements. Previous financials are shown alongside the latest figures in side-by-side columns, allowing investors to identify trends, track a company's progress and approximate it with industry rivals.
<h3>What is a comparative statement also known as?</h3>
Comparative statements are the form of horizontal analysis. A common size statement shows the profitability and financial position of a firm for different periods in a comparative form to give an idea about the position of two or more periods.
To learn more about Comparative financial statements visit the link
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Answer:
D. The team might feel that the leader does not trust their abilities
Explanation:
APEX
