CusterCom Company's Outstanding Stock Is 100 Shares of $100,6% Cumulative

question 79

Multiple Choice

Custer.com Company's outstanding stock is 100 shares of $100,6% cumulative nonparticipating preferred stock and 1,000 shares of $10 par value common stock.Custer paid $2,000 cash dividends including one-year dividends in arrears to preferred stockholders.Common stockholders received:

• A)$0.
• B)$800.
• C)$1,818.
• D)$600.

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