Question

Ayayai Corp. has 6100 shares of 6%, $50 par value, cumulative preferred stock and 122000 shares...

Ayayai Corp. has 6100 shares of 6%, $50 par value, cumulative preferred stock and 122000 shares of $1 par value common stock outstanding at December 31, 2020, and December 31, 2019. The board of directors declared and paid a $14500 dividend in 2019. In 2020, $72500 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2020?

$22100.

$36600.

$18300.

$51100.

1 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1

Answer?- $ 22,100 Explanation: Dividends Received by Preferred stockholders in 2020 preferreê Dividends. Dividend t in arrear

Hit the LIKE Button.

Add a comment
Know the answer?
Add Answer to:
Ayayai Corp. has 6100 shares of 6%, $50 par value, cumulative preferred stock and 122000 shares...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT