Waterway, Inc., has 4900 shares of 3%, $100 par value, cumulative preferred stock and 39200 shares of $1 par value common stock outstanding from December 31, 2018 through Dec. 31, 2020. There were no dividends declared in 2018. The board of directors declares and pays a $45200 dividend in 2019 and in 2020. What is the amount of dividends received by the common stockholders in 2020? $0 $45200 $14700 $46300

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A: Cumulative preferred stock is that stock on which dividends are accumulated if not paid in a…

Q: Sarasota Rock Inc. has 7670 shares of 5%, $100 par value, cumulative preferred stock and 46020…

A: Cumulative Preference Stock Includes That If In Any Year Dividends Not Paid Then They Must Give The…

Q: Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2021: Common…

A: The dividend is declared to the shareholders from the retained earnings of the business. The…

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A: Annual dividend to preferred stock=No. of share×Par value×5%=6500×$100×5%=$32,500

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Q: Waterway Inc., has 3700 shares of 5%, $50 par value, cumulative preferred stock and 99400 shares of…

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A: Dividend distribution is a method of distributing profit among the stockholder of the organization.…

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A: Cumulative preference shares are those shareholders whose dividend has been accumulated and paid in…

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Q: Waterway Corporation was organized on January 2, 2020. During 2020, Waterway issued 39200 shares at…

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Q: Ritz Company had the following shares outstanding and Retalned Earnings at December 31, 2020: Common…

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A: Since you have asked multiple question, we will solve the first question for you. If you want any…

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Q: 1. cumulative and nonparticipating and the total amount that the board of directors has specified…

A: Formulas: *2 is for 2 years as the company has not paid any dividend in the previous year.

Q: 1. cumulative and nonparticipating and the total amount that the board of directors has specified…

A: 1. Formulas: *2 is for 2 years as the company has not paid any dividend in the previous year.

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A: Stockholders are the Persons of entities whom the company issues its ownership rights in the form of…

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Q: Waterway, Inc. has 2700 shares of 4%, $50 par value, cumulative preferred stock and 54000 shares of…

A: Dividends are paid first to preferred stockholders and the remaining balance is paid to common…

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A: Annual preference dividend=Number of share×Par value×5%=15,000×$100×5%=$75,000

Q: What was Bubba's net income for 2020?

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.