Chapter 7 & 8 Q Chapter 8 Hom × . Neopets . Your l × | Neopets Dailies × Neopets

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Chapter 7 & 8 Q Chapter 8 Hom × . Neopets . Your l × | Neopets Dailies × Neopets . Shop × ( e Chegg Study l G × e Chegg Study I G × Secure l https://newconnect.mheducation.com/flow/connect.html O Chapter 8 Homework 6 Help Save & Et Submit Saved You skipped this question in the previous attempt. 4 Weaver Corporation had the following stock issued and outstanding at January 1, 2018 1. 102,000 shares of $13 par common stock. 2. 4,000 shares of $60 par, 6 percent, noncumulative preferred stock. 10 points On June 10, Weaver Corporation declared the annual cash dividend on its 4,000 shares of preferred stock and a $1 per share dividend for the common shareholders. The dividends will be paid on July 1 to the shareholders of record on June 20. eBook Required Determine the total amount of dividends to be paid to the preferred shareholders and common shareholders. Print Total dividend Mc Graw Prev4 of 5 l Next > 10:07.. C

Explanation / Answer

dividend to preferred shareholders 4000*60*6% 14400 Dividend to common shareholders 102,000*1 102,000 total dividend 116,400 answer

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