The james bond company began business on january 1st 2015


Question - The James Bond Company began business on January 1st 2015 when they issued 1000 shares of $1 par common stock and 100 shares of $100 5% cumulative preferred stock. James Bond did not pay any dividends in 2015 or 2016. In 2017 James Bond is paying a $19000 dividend. How much of the dividend goes to common stockholders preferred stockholders.

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Accounting Basics: The james bond company began business on january 1st 2015
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