1)

2)

3) Cash recipts and cash payments are classified in one of three categories :operating investing or financing activities

True or False ?

O cumulative LL with A 10 bes corporation Fargo Company's outstanding stocu ourist of uso shares oh r. preferred stock value and 4200 shares of common & toca kton alitha 1 per value Duriy the first three years of operating the declared and paid the bolloning total cash dividends Piv 22.000 $ 6.000 Y. 2 Y 3 34.000 amount of dividends pa & lo preferred cand coriana shareholders in jas, is... y1 The / Subur preferred comprou Sweet Company's outstanding stock consists of 1,000 shares of cumulative 5% preferred stock with a $100 par value and 5.000 states of common stock with a $10 pat value. During the first three years of operation, the corporation declared and paid the flowing total cash dividends a Year 1 Dividends Declared Paid $ 2,098 $6,888 $ 32,888 Year 2 Year 3 The total amount of vidends paid to preferred and common shareholders over the three-year period is: Mutide Dioce 315.000 pelenes 525.000 common 12.000 de 528.000 common