Question: This question has two parts: A: B: The shareholders' equity of Green Corporation includes $408,000 of $1 par common stock and $590,000 par of 7%


The shareholders' equity of Green Corporation includes $408,000 of $1 par common stock and $590,000 par of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $69,000 in 2018 after paying $39,000 cash dividends in each of 2017 and 2016 What is the amount of dividends common shareholders will receive in 2018? O $27,700 O $43,600 O $45,900 O $23.100 For the current year ($ in millions), Centipede Corp. had $86 0 in pretax accounting income. This included warranty expense of $9 and $23 in depreciation expense. 5 million of warranty costs were incurred, and MACRS depreciation amounted to $38. In the absence of other temporary permanent differences, what was Centipede's income tax payable currently, assuming a tax rate of 40%? O 26.4 Million O 22.6 Million O 300 Million O 30.8 Million
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