The shareholders' equity of Evans Corporation includes $200,000 of $1 par common stock and $400,000 par of 10% cumulative preferred stock. The board of directors declared cash dividends of $25,000 in 2021 after paying cash dividends of $24,000 in 2020 and $38,000 in 2019. What is the amount of dividends common shareholders will receive in 2021?

The shareholders' equity of Evans Corporation includes $200,000 of $1 par common stock and $400,000 par of 10% cumulative preferred stock. The board of directors declared cash dividends of $25,000 in 2021 after paying cash dividends of $24,000 in 2020 and $38,000 in 2019. What is the amount of dividends common shareholders will receive in 2021?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 1MC: Cash dividends on the 10 par value common stock of Garrett Company were as follows: The 4th-quarter...

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Please help me

The shareholders' equity of Evans
Corporation includes $200,000 of $1
par common stock and $400,000 par
of 10% cumulative preferred stock. The
board of directors declared cash
dividends of $25,000 in 2021 after
paying cash dividends of $24,000 in
2020 and $38,000 in 2019. What is the
amount of dividends common
shareholders will receive in 2021?

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