Declaring dividends

acctngstudent Posts: 1, Reputation: 1

New Member

Aug 15, 2012, 08:05 PM

Declaring dividends

Net income 75,000 preferred stock 5%(par 115,000) & .50¢ share on common (55,000) shares. How do I figure preferred?

paraclete Posts: 2,706, Reputation: 173

Ultra Member

Aug 15, 2012, 09:54 PM

5%*115000?

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