Precious Metal Trust has the following classes of stock: 3 (Click the icon to view...
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Precious Metal Trust has the following classes of stock: 3 (Click the icon to view the data.) Read the requirements. Requirement 1. Precious Metal declares cash dividends of $28,000 for 2018. How much of the dividends goes to preferred st Precious Metal's dividend would be divided between preferred and common stockholders in this manner: Total Dividend Dividend to pre Data table Dividend in Current yed Total divide Preferred Stock7%, $13 Par Value; 6,500 shares authorized, 5,000 shares issued and outstanding Common Stock$0.15 Par Value; 2,250,000 shares authorized, 1,750,000 shares issued and outstanding Dividend to con 201 Requirement stockholders? Precious Metal Print Done Total Dividend Dividend to pre Dividend in arrears Requirement 1. Precious Metal declares cash dividends of $28,000 for 2018. How much of the dividends goes to preferred stockholders? How much goes to common stockholders? (Complete all input boxes. Enter "O" for any zero amounts.) Precious Metal's dividend would be divided between preferred and common stockholders in this manner: Total Dividend Dividend to preferred stockholders: Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders Requirement 2. Assume the preferred stock is cumulative and Precious Metal passed the preferred dividend in 2016 and 2017. In 2018, the company declares cash dividends of $30,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? (Complete all input boxes. Enter "O" for any zero amounts.) Precious Metal's dividend would be divided between preferred and common stockholders in this manner: Total Dividend Dividend to preferred stockholders: Dividend in arrears Current vear dividend Total dividend to preferred stockholders Dividend to common stockholders Requirement 3. Assume the preferred stock is noncumulative and Precious Metal passed the preferred dividend in 2016 and 2017. In 2018, the company declares cash dividends of $30,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? (Complete all input boxes. Enter "0" for any zero amounts.) Precious Metal's dividend would be divided between preferred and common stockholders in this manner: Total Dividend Dividend to preferred stockholders: Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders
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