Chicago Company reported the following information at the end of the current year Common stock ($10 par value 37,000 shares outstanding $370,000
Preferred stock. 10% ( S 10 par value, 8200 shares outstanding) 82,000
Retained earnings 282,000
The board of directors is considering the distribution of a cash dividend to the two groups of stockholders No dividends were declared during the previous two years. Three independent cases are assumed
Case A The preferred stock is noncumulative, the total amount of dividends is $32.000
Case B The preferred stock is cumulative, the total amount of dividends is $24,600
Case C The pretend stock is cumulative, the total amount of all dividends is $90,200
Required:
compute the number of dividends, in total and per share, that would be payable to each class of stockholders tor each case (Round "dividends per share" to 2 decimal places.)

37,000 common stock outstanding

preferred stock dividends = $82,000 x 10% = $8,200

Case A The preferred stock is noncumulative, the total amount of dividends is $32.000

since the preferred stocks are non-cumulative, if dividends are not paid during a certain they are "lost" and will not be recovered.

Case B The preferred stock is cumulative, the total amount of dividends is $24,600

Case C The pretend stock is cumulative, the total amount of all dividends is $90,200

answer; intensive use of a sales force and is relatively costly;

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi