Bramble Inc., has 1300 shares of 5%, $50 par value, cumulative preferred stock and 50544 shares of $1 par value common stock outstanding at December 31, 2020, and December 31, 2021. The board of directors declared and paid a $2600 dividend in 2020. In 2021, $11200 of dividends are declared and paid. 

What are the dividends received by the common stockholders in 2021?

Answer rating: 100% (QA)

To determine the dividends received by the common stockholders in 2021 we first need to cal... View the full answer