PART B: Comprehensive Questions. Show AlI Work for Partial Credit (80%) 11. Vision Corporation has...
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PART B: Comprehensive Questions. Show AlI Work for Partial Credit (80%) 11. Vision Corporation has the following information on its financial statement: (10 Points) Preferred Stock 6%, $100 par, cumulative, 10,000 shares authorized Common Stock, $3 par, 500,000 shares authorized, 240,000 issued Paid-in Capital - Preferred Paid-in Capital - Common Retained earnings $450,000 720,000 750,000 3,000,000 1,192,500 11a. If Vision paid a total of AED 55,800 in dividends, how much would each common stockholder receive for each share of stock owned? (Assume there are no dividends in arrears). AEE 55,00 11b. If Vision did not pay a dividend for the last two years, but declared a dividend this year, how much will they have to declare in order for the common stockholders to receive AED.45 per share? AEI (3 Pts) D015/24AO 000
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