Polly's Outstanding Stock Consists of (A)67,000 Shares of Cumulative 5 $$\begin{array} { c c } 2010 & \$ 0 \\2011 & 50,000 \\2012 & 180,000 \\2013 & 205,000\end{array}$$

question 135

Short Answer

Polly's outstanding stock consists of (a)67,000 shares of cumulative 5% preferred stock with a $20 par value and (b)95,000 shares of common stock with a $1 par value.During its first four years of operation,the corporation declared and paid the following total cash dividends.
$$\begin{array} { c c } 2010 & \$ 0 \\2011 & 50,000 \\2012 & 180,000 \\2013 & 205,000\end{array}$$
What is the amount of dividends that the Common Stockholders receive for all years presented?

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Definitions:

Extraversion/Introversion

A personality dimension reflecting the extent to which an individual is outgoing and enjoys interacting with the external world versus being introspective or reserved.

Person/Situation Debate

A discussion in psychology about the relative influence of personal characteristics versus situational factors in determining behavior.

Weak Situations

Scenarios or contexts where social norms and expectations are not strongly defined, allowing for greater variability in behavior.

Strong Situations

Situations where cues for socially expected or appropriate behavior are very clear, reducing individual differences in responses.