Polly's outstanding stock consists of (a)67,000 shares of cumulative 5% preferred stock with a $20 par value and (b)95,000 shares of common stock with a $1 par value.During its first four years of operation,the corporation declared and paid the following total cash dividends.
$$\begin{array} { c c }
2010 & \$ 0 \
2011 & 50,000 \
2012 & 180,000 \
2013 & 205,000
\end{array}$$
What is the amount of dividends that the Common Stockholders receive for all years presented?

Question

Polly's outstanding stock consists of (a)67,000 shares of cumulative 5% preferred stock with a $20 par value and (b)95,000 shares of common stock with a $1 par value.During its first four years of operation,the corporation declared and paid the following total cash dividends.
 $$\begin{array} { c c } 
2010 & \$ 0 \
2011 & 50,000 \
2012 & 180,000 \
2013 & 205,000
\end{array}$$ 
What is the amount of dividends that the Common Stockholders receive for all years presented?

Quizplus · Accepted Answer

The Answer of Polly's outstanding stock consists of (a)67,000 shares of cumulative 5% preferred stock with a $20 par value and (b)95,000 shares of common stock with a $1 par value.During its first four years of operation,the corporation declared and paid the following total cash dividends.
 $$\begin{array} { c c } 
2010 & \$ 0 \
2011 & 50,000 \
2012 & 180,000 \
2013 & 205,000
\end{array}$$ 
What is the amount of dividends that the Common Stockholders receive for all years presented?

Polly's Outstanding Stock Consists of (A)67,000 Shares of Cumulative 5 2010$0201150,0002012180,0002013205,000\begin{array} { c c } 2010 & \$ 0 \\2011 & 50,000 \\2012 & 180,000 \\2013 & 205,000\end{array}2010201120122013​$050,000180,000205,000​

Polly's Outstanding Stock Consists of (A)67,000 Shares of Cumulative 5 $\begin{array} { c c } 2010 & \$ 0 \\2011 & 50,000 \\2012 & 180,000 \\2013 & 205,000\end{array}$