The board of directors declares and pays a 60000 dividend

Reference no: EM13388465

Dabney, Inc., has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 40,000 shares of $1 par value common stock outstanding at December 31, 2014. There were no dividends declared in 2013. The board of directors declares and pays a $60,000 dividend in 2014. What is the amount of dividends received by the common stockholders in 2014?

A) $0

B) $25,000

C) $10,000

D) $35,000

Reference no: EM13388465

Questions Cloud

What issues do you think that the vp of human resources : 1q. you are jennifer. what talking points would you prepare to support case. include both strengths and limitations of

A 600000 bond was retired at 97 when the carrying value of : a 600000 bond was retired at 97 when the carrying value of the bond was 590000. the entry to record the retirement

Derive her demand functions when she has income m and faces : amy has a utility functionuxyz x2lnylnza what kind of preferences does amy have? explain. what does this mean for her

If you are doing some research to find out what people : 1q. do communication theory models created and tested in the usa apply to other cultures?2q. if you are doing some

The board of directors declares and pays a 60000 dividend : dabney inc. has 5000 shares of 5 100 par value noncumulative preferred stock and 40000 shares of 1 par value common

Discuss the advantages and disadvantages of : discuss the advantages and disadvantages of self-administered interviewing face-to-face interviewing and telephone

Compare the advantages and disadvantages of the survey to : 1 nbsp compare the advantages and disadvantages of the survey to those of observation. under which circumstances could

Reflecting on what you have learned in this course describe : 1 many firms today use 360-degree performance evaluations. make a case for this type of evaluation based on the

Victory corporation sold 400 shares of treasury stock for : victory corporation sold 400 shares of treasury stock for 45 per share. the cost for the shares was 35. the entry to

User Account

All Pages