subject
Business, 02.12.2019 22:31 catelinboog04

Nathan's athletic apparel has 1,900 shares of 7%, $100 par value preferred stock the company issued at the beginning of 2020. all remaining shares are common stock. the company was not able to pay dividends in 2020, but plans to pay dividends of $29,000 in 2021.
required:
1. how much of the $29,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2021,
2. assuming the preferred stock is cumulative? what if the preferred stock were noncumulative?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
question
Business, 22.06.2019 02:30
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $
Answers: 1
question
Business, 22.06.2019 17:30
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
question
Business, 22.06.2019 17:40
Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.
Answers: 2
You know the right answer?
Nathan's athletic apparel has 1,900 shares of 7%, $100 par value preferred stock the company issued...
Questions
question
Social Studies, 13.04.2020 18:13
question
Mathematics, 13.04.2020 18:14
Questions on the website: 13722359