Swartz Company

The Swartz Company earned $30,000 last year. The capital stock of the company consists of $200,000 of 7% preferred stock and $100,000 of common stock. The directors declare a dividend of half of the entire earnings.
-Refer to Swartz Company. Compute the total amount that will be paid to the holders of common stock.

Question

Swartz Company
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The Swartz Company earned $30,000 last year. The capital stock of the company consists of $200,000 of 7% preferred stock and $100,000 of common stock. The directors declare a dividend of half of the entire earnings.​
-Refer to Swartz Company. Compute the total amount that will be paid to the holders of common stock.​

Quizplus · Accepted Answer

The Answer of Swartz Company
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The Swartz Company earned $30,000 last year. The capital stock of the company consists of $200,000 of 7% preferred stock and $100,000 of common stock. The directors declare a dividend of half of the entire earnings.​
-Refer to Swartz Company. Compute the total amount that will be paid to the holders of common stock.​

Swartz Company ​

Swartz Company