Durden co has 10 par value 10 cumulative preferred stock

Reference no: EM13609438

Durden Co. has $10 par value, 10% cumulative preferred stock. There are 10,000 shares issued and outstanding of the preferred stock. The company also has 100,000 shares of $1 par value common stock. No dividends had been paid in the years 2003, 2004, 2005, and 2006. In 2007, the company paid $45,000 in dividends. In 2008, the company paid $55,000 in dividends. Determine the allocation of dividends between preferred and common stockholders for 2007 and 2008. Year Preferred Stock Common Stock 2007 2008 Totals?

Reference no: EM13609438

Questions Cloud

Balance sheet data 2004 2003 accounts receivable 42000 : balance sheet data 2004 2003 accounts receivable 42000 38000 inventories 20000 15000 prepaid rent 11000 8000 accounts

At noon a vertical pole casts a shadow that is 15 times : a time traveler finds himself in an unknown place on earth at an unknown time of the year. the sky is cloudy at night

Estimate the magnitude e of the electric field just off the : a square plate of edge length14.0cm and negligible thickness has a total charge of 7.10x 10-6 c.a estimate the

If a company is to successfully remain in business over the : if a company is to successfully remain in business over the long haul which of the following statements is most

Durden co has 10 par value 10 cumulative preferred stock : durden co. has 10 par value 10 cumulative preferred stock. there are 10000 shares issued and outstanding of the

Break-even and other cvp relationships cedars hospital has : break-even and other cvp relationships cedars hospital has average revenue of 180 per patient day. variable costs are

Kilgore auto parts reported the following information at : kilgore auto parts reported the following information at december 31 2004 preferred stock 10 50 par cumulative 50000

Tanning company uses the percentage of receivables method : tanning company uses the percentage of receivables method for recording bad debts expense. the accounts receivable

An infinite line of charge produces a field of magnitude : an infinite line of charge produces a field of magnitude 4.90 x 104 nc at a distance of1.9m. calculate the linear

User Account

All Pages