Ryan Corp.has the following share capital outstanding: Common,10,000 shares
Preferred $1.80 noncumulative,non-participating,10,000 shares
Dividends are two years in arrears,excluding the current year.Total dividends of $90,000 will be paid for the current year.The total amounts that will be received by the preferred shareholders and common shareholders are:

Question

Quizplus · Accepted Answer

The Answer of Ryan Corp.has the following share capital outstanding: Common,10,000 shares
Preferred $1.80 noncumulative,non-participating,10,000 shares
Dividends are two years in arrears,excluding the current year.Total dividends of $90,000 will be paid for the current year.The total amounts that will be received by the preferred shareholders and common shareholders are:

Ryan CorpHas the Following Share Capital Outstanding: Common,10,000 Shares