145k views
5 votes
Antiques.com's outstanding stock is 75 shares of $60, 8% cumulative nonparticipating preferred stock, and 2,000 shares of $10 par value common stock. Antiques paid $2,000 cash dividends, including one-year dividends in arrears to preferred stockholders. Preferred stockholders received

A. $2,040.
B. $0.
D. $2,400.

2 Answers

1 vote

The answer to your question is letter A. $2,040

User Eddie Sullivan
by
6.0k points
6 votes
The answer is A once you put it on the calculated it dose it for you
User Vjy Tiwari
by
6.4k points