Preferred dividends for the year ended 2015 10,000
What is the payout ratio for Sealy Corporation for the year ended 2015?
22) Jenks Corporation acquired Linebrink Products on January 1, 2015 for $ 8,000,000, and recorded goodwill of $ 1,500,000 as a result of that purchase. At December 31, 2015, Linebrink Products had a fair value of $ 6,800,000. The net identifiable assets of the Linebrink( excluding goodwill) had a fair value of $ 5,800,000 at that time. What amount of loss on impairment of goodwill should Jenks record in 2015?
23) On December 31, 2014, the stockholders ' equity section of Arndt, Inc., was as follows:
Common stock, par value $ 10; authorized 30,000 shares; issued and outstanding 9,000 shares $ 90,000 Additional paid-in capital 116,000 Retained earnings 184,000 Total stockholders ' equity $ 390,000