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