Houston Corporation has the following stock outstanding: In 2012,Houston paid $330,000 in dividends.No dividends were paid in 2011 or 2010.
Required:
a)Compute the total amount of dividends that was paid to each class of stock.
b)Compute the amount of dividends per share for each class of stock.

Question

Houston Corporation has the following stock outstanding:  In 2012,Houston paid $330,000 in dividends.No dividends were paid in 2011 or 2010.
Required:
a)Compute the total amount of dividends that was paid to each class of stock.
b)Compute the amount of dividends per share for each class of stock.

Quizplus · Accepted Answer

The Answer of Houston Corporation has the following stock outstanding:  In 2012,Houston paid $330,000 in dividends.No dividends were paid in 2011 or 2010.
Required:
a)Compute the total amount of dividends that was paid to each class of stock.
b)Compute the amount of dividends per share for each class of stock.

Houston Corporation Has the Following Stock Outstanding: in 2012,Houston