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Basile [38]
3 years ago
13

Crawl Inc., has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock out

standing at December 31, 2017, and December 31, 2018. The board of directors declared and paid a $2,000 dividend in 2017. In 2018, $10,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2018
Business
1 answer:
Maslowich3 years ago
5 0

Answer:

total dividends distributed to common stock $6,000

dividends per common stock $0.12

Explanation:

preferred stock dividends = 1,000 x 6% x $50 = $3,000

since they are cumulative, if the dividends are not paid during one year, they must be paid in the next periods

the distribution of the $10,000 in dividends in 2018:

  • preferred dividends = $1,000 + $3,000 = $4,000
  • common stock dividends = $6,000

dividends per common stock = $6,000 / 50,000 = $0.12

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cricket20 [7]
"Ecotourism" is the one way among the following choices that are given that <span>economies in southern and Eastern Africa are overcoming the economic challenges. The correct option among all the options that are given in the question is the third option or option "c". I hope the answer has helped you.</span>
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3 years ago
Thao is interested in construction and architecture. She would like to become a Civil Engineer in the future.
JulsSmile [24]

Answer:

i thinks it is a,c,d,e

Explanation:

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4 0
3 years ago
Read 2 more answers
Casper was asked to run a customer survey and analyze its results for his company. After presenting the results to the marketing
Tpy6a [65]

Answer:

marketing research

Explanation:

Marketing research -

It refers to the method of  collecting , interpreting and analyzing the information about the goods and services in the market , is referred to as the marketing research .

All information about the past of the products is considered , the target of the company is also considered along .

The method helps for the prediction of the future of the company .

Hence , from the given scenario of the question ,

The correct term is marketing research .

3 0
3 years ago
On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 22,000, $13 par, common sh
Tpy6a [65]

Answer:

(I)

retained earnings 92,400 debit

         common stock          28,600 credit

        additional paid-in       63,800 credit

(II)

retained earnings 924,000 debit

         common stock          286,000 credit

        additional paid-in       638,000 credit

(III) no entry required

Explanation:

22,000 x 10% = 2,200 new shares

market price:

2,200 X $42 = 92,400

book value

2,200 x $13 =  28,600

additional paid-in

                       63,800

100% sotkc dividends:

22,000 x 100% = 22,000 new shares

market price:

22,000 X $42 = 924,000

book value

22,000 x $13 =  286,000

additional paid-in

                          638,000

the stock split will not change the accounting as the total value fo the equity remains the same.

7 0
3 years ago
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