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    wow99's Avatar
    wow99 Posts: 1, Reputation: 1
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    #1

    Apr 18, 2013, 12:02 PM
    As of December 31, 2010, two years' dividends are in arrears on the preferred stock.
    Common stock 5$ par 650000 shares

    Preferred stock 15 percent cumulative $60 par 10000 outstanding

    As of December 31, 2010, two years' dividends are in arrears on the preferred stock. During 2011, Barr plans to pay dividends that total $360,000.

    1. Determine the amount of dividends that will be paid to Barr's common and preferred stockholders in 2011.
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Apr 18, 2013, 12:04 PM
    What do YOU think ?
    While we're happy to HELP we won't do all the work for you.
    Show us what you have done and where you are having problems..
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #3

    Apr 18, 2013, 12:07 PM
    For Preferred Stock simply take the par value times the number of shares issued and outstanding times the percentage rate times 3 years to get your answer.
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