The shareholders' equity of Red Corporation includes $230,000 of $1 par common stock and $430,000 par of 7% cumulative preferred stock. The board of directors of Red declared cash dividends of $53,000 in 2021 after paying $23,000 cash dividends in 2020 and $43,000 in 2019. What is the amount of dividends common shareholders will receive in 2021?

$15,800

Explanation:

Preferred stockholders has an advantage that they are paid first when there is any dividend is announced. The residual dividend will be divided into the common stockholders. Any prior years due dividend and current years dividend associated with preferred share will be paid first.

Dividend on preferred shares = $430,000 x 7% = $30,100 per year

2019

Dividend Declared = $43,000

Dividend to common shareholders = $43,000 - $30,100 = $12,900

2020

Dividend Declared = $23,000

Residual Preferred Dividend = $30,100 - $23,000 = $7,100

It will be carried forward to next year and will be deducted form future dividend

2021

Dividend Declared = $53,000

Dividend to common shareholders = $53,000 - $30,100 -7,100 = $15,800

multiculturalism is a particular subject of debate in certain european nations that are associated with the idea of a single nation within their country. critics of multiculturalism may argue against cultural integration of different ethnic and cultural groups to the existing laws and values of the country.

so yes, multiculturalism can (and usually does) result in the host country/continent losing its culture, identity and linguistics, especially due to the raw numbers of demographic transitions.

explanation:

answer; ///i believe the correct answer is (350); (c) is your answer