The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 of 6% cumulative preferred stock. The board of directors of Green declared cash dividends of $60,000 in 2011 after paying $20,000 cash dividends in each of 2010 and 2009. What is the amount of dividends common shareholders will receive in 2011? a. 28000
b. 30000
c. 50000
d. 25000

Option a (28000) is the right option.

Explanation:

Given:

Preferred stock,

= $400,000

In year 2009 and 2010, the dividends paid,

= $20,000 each year

Dividends declared,

= $60,000

Now,

The preferred dividend per year will be:

=

=

= ($)

Arrears in preferred dividend per year will be:

=

= ($)

For preferred stock, the total dividends arrears will be,

=

= ($)

hence,

The dividends which are received by the common stock holders will be:

=

By putting the values, we get

=

=

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c