Skysong Inc. has 2000 shares of 3%, $100 par value, cumulative preferred stock and 50000 shares of $1 par value common stockoutstanding at December 31, 2026. What is the annual dividend on the preferred stock?O $15 per share.O $6000 in total.O $0.03 per share.O $300 in total.

DECLARATION OF DIVIDENDSDividend is the amount paid by the Corporation its shareholders in return…

Answered: Skysong Inc. has 2000 shares of 3%,…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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CBA Incorporated has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The stock is currently selling for $34. CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. How many shares will be outstanding after the stock dividend? Multiple Choice 376,000 424.000 400,000 9,328,000
Stockholder M got 4500 shares of stocks from ABC corporation. The par value is P150. How much is the dividend of the percentage is 3%? a. P18,360.00 b. P20,250.00 c. P21,500.00 |d. P24,820.00
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Wildhorse Appliance Company has 5100 shares of 6%, $50 par value, cumulative preferred stock and 102000 shares of $1 par value common stock outstanding at December 31, 2025, and December 31, 2024. The board of directors declared and paid a $13300 dividend in 2024. In 2025, a total of $60,000 in dividends are declared and paid. What are the dividends received by the preferred stockholders in 2025? O $15300. O $43900. O $30600. O $17300.
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Skysong Inc. has 2000 shares of 3%, $100 par value, cumulative preferred stock and 50000 shares of $1 par value common stock outstanding at December 31, 2026. What is the annual dividend on the preferred stock? $15 per share. O $6000 in total. O $0.03 per share. O $300 in total.