> Question 5 of 25 Zieme LLC began operations on 1/1/2013 and issued the following shares...

Transcribed Image Text:

> Question 5 of 25 Zieme LLC began operations on 1/1/2013 and issued the following shares that day: Common Stock Cumulative Preferred Stock Par value $2 $55 Shares Dividend rate 800,000 5,000 6% Since beginning operations, Zieme LLC has declared the following dividends: 2013: $10,000 2014: $6,000 2015: $19,500 2016: $75,000 1 44,500 How much of the dividend declared during 2016 will go to the common stock shareholders? > Question 5 of 25 Zieme LLC began operations on 1/1/2013 and issued the following shares that day: Common Stock Cumulative Preferred Stock Par value $2 $55 Shares Dividend rate 800,000 5,000 6% Since beginning operations, Zieme LLC has declared the following dividends: 2013: $10,000 2014: $6,000 2015: $19,500 2016: $75,000 1 44,500 How much of the dividend declared during 2016 will go to the common stock shareholders?