Question: Question 2 (of 6 Save & Exit Submi 3 points The records of Hollywood Company reflected the following balances in the stockholders' equity accounts at
Question 2 (of 6 Save & Exit Submi 3 points The records of Hollywood Company reflected the following balances in the stockholders' equity accounts at the end of the current year Common stock, $11 par value, 33,000 shares outstanding Preterred stock, 11 percent, $9 par value, 6,000 shars outstanding Retained eanings, $224,000 the distribution of an $65,000 cash dividend. No determine dividend amounts under two independent On September 1 of the current year, the board of directors was dividends were paid during the previous two years. You have been a. The preterred stock is noncumulative b. The preferred stock is cumulative Required: 1Determine the total and per share amounts that would be pad to te common stockholders and the under the two independent assumptions Round "per share" to 2 decimal places) Total Per share Total Per share 1157 A 12/5/20 Hints Reterences
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