ROYAL Cruiselines has 2,500 shares of 4%,$70 par value, cumulative preferred stock and 150,000 shares...
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Accounting
ROYAL Cruiselines has 2,500 shares of 4%,$70 par value, cumulative preferred stock and 150,000 shares of $1 par value common stock outstanding. In 2023, no dividend were declared nor paid. In 2024, $25,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2024 ? $25,000 $14,000
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