Beckham Corporation has 3,000 shares of $100 par value, 7 percent cumulative preferred stock, and 10,000 shares of $10 par value common stock outstanding during its first five years of operation. Beckham Corporation paid cash dividends as follows: 2006, $30,000; 2007, $0; 2008, $65,000; 2009, $30,000; 2010, $15,000 . The amount of dividends received by the common stockholders during 2009 was

a. $11,000.
b. $13,000.
c. $9,000.
d. $15,000.


C

Business

You might also like to view...

The Office of U.S. Trustee is an agency in which of the following departments?

a. Homeland Defense b. Department of Justice c. Department of the Treasury d. Department of Agriculture

Business

In discriminant analysis, we can obtain some idea of the relative importance of the variables by ________

A) examining the absolute magnitude of the standardized discriminant function coefficients B) examining the structure correlations, or canonical loadings or discriminant loadings C) examining the unstandardized discriminant function coefficients D) A and B are correct

Business

During concept testing, a product is evaluated by management without any input from external sources

Indicate whether the statement is true or false

Business

In a marketing communications mix, ________ refers to any short-term incentive that encourages the purchase or sale of a product or service

A) advertising B) sales promotion C) personal selling D) crowdsourcing E) public relations

Business