Norton Corporation Has the Following Shareholders Equity on September 30

question 167

Multiple Choice

Norton Corporation has the following shareholders equity on September 30, 2014: On September 15, 2014, Norton Corporation declared a $170,000 dividend to be paid on October 15 to shareholders of record on September 30.
-Assuming that the preferred dividends have not been paid since 2011, the amount of dividends per common share for 2014 would be

• A) $17.
• B) $2.
• C) $0.10.
• D) $10.

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