The Stansbury Company has issued 10%, partially participating, cumulative preferred stock with a total par value of $200,000 and common stock with a total par value of $800,000. The preferred stock participates up to 15% of its par value. No dividends are in arrears. How much cash will be paid to the preferred stockholders and the common stockholders, respectively, if cash dividends of $160,000
are distributed?
A) $50,000 to preferred and $110,000 to common
B) $20,000 to preferred and $140,000 to common
C) $30,000 to preferred and $130,000 to common
D) $32,000 to preferred and $128,000 to common
C
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a. True b. False Indicate whether the statement is true or false
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a. cash generated per share of common stock. b. dividends earned by each common shareholder. c. dividend per share of common stock. d. income per share as if preferred stock dividends had been paid. e. income per share as if common and preferred stock dividends had been paid.
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Interviewing or surveying is the most common approach used to gather primary market data.
Answer the following statement true (T) or false (F)