12. Stockholders' Equity
Dividends and Dividend Preferences
Multiple Choice
Multiple ChoiceABC Company declared and paid a dividend of $150,000 during the current year. The amount of common stock ($0.50 par value) outstanding was 125,000. The amount of $6 preferred shares (par value of $100) outstanding was 1,000. What is the total dividend received by common stockholders?
A
$0
B
$125,000
C
$144,000
D
$150,000
163
views
4
rank
Related Videos
Related Practice