Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. oriole inc. declared a $160300 cash dividend. it c

Oriole Inc. declared a $160300 cash dividend. It currently has 6400 shares of 6%, $100...

50.1K

Verified Solution

Question

Accounting

image
Oriole Inc. declared a $160300 cash dividend. It currently has 6400 shares of 6%, $100 par value cumulative preferred stock outstanding. It is one year in arrears on its preferred stock. How much cash will Oriole distribute to the common stockholders? $83500. O $76800. O $121900. None of these answers are correct

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The preparations of two aqueous solutions are described in the table below. For each solution, write...

Chemistry
Q

The role of women ministry in the church.

Psychology
Q

A 100ml dsDNA solution prepared via 1 20 dilution was taken for spectrometry analysis The...

Biology
Q

Which of the following is a primary source Newspaper article O Dictionary definition O Wikipedia...

Biology
Q

A level 0 95 confidence interval is O A any interval with margin of error...

Statistics
Q

Let S be the the ellipsoid given by the equation x + y + 6z...

Algebra
Q

Simplify the complex rational expression using Method I or Method II X 4 X 4...

Algebra
Q

Great Corporation acquired a 90% interest in SOS Corporation at its $810,000 book value on...

Accounting
Q

If you are playing a repeated prisoners' dilemma game with me for 100 rounds and...

Accounting
Q

The idea that a company will forego some benefit by choosing one option over another...

Accounting
Q

picture attached below is a how to do solution ...

Finance
Q

Problem 4.3 (c) Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense...

Finance