allday1
Mar 11, 2012, 03:12 PM
Fashionista skincare has 10,000 shares of 3%,$20 par value preferred stock and 90,000 shares of $2 par common stock outstanding. During a three year-period, fashionista declared and paid cash dividens as follows 2010,$3000;2011,$13,000;and 2012,$17,000.
Compute the total dividens to preferred and common for each year if (a)preferred is noncunulative (b)preferred is cumulative
Compute the total dividens to preferred and common for each year if (a)preferred is noncunulative (b)preferred is cumulative