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1 Weston Company issued and has outstanding 155,000 shares of $10 par-value common stock and 2,500 shares of $70 par-value 25 percent preferred stock. The

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1 Weston Company issued and has outstanding 155,000 shares of $10 par-value common stock and 2,500 shares of $70 par-value 25 percent preferred stock. The board of directors votes to distribute $3,750 as dividends in 2019, $6,250 in 2020, and $384,750 in 2021 Compute the total dividend and the dividend for each share paid to preferred stockholders and common stockholders each year under the following assumed situations. Case A: The preferred stock is nonparticipating and noncumulative. Case B: The preferred stock is cumulative and nonparticipating. Analyze: If a stockholder purchased 300 shares of cumulative preferred stock in 2019, what total dividends should be paid to this stockholder in the fiscal year 2021, assuming Case B? Complete this question by entering your answer in the tabs below. Case A Case B Analyze Compute the total dividend and the dividend for each share paid to preferred stockholders and common stockholders each year under the above assumed situations. (Round your pershare answers to 2 decimal places.) Year Total Dividends Preferred Stock Total Per Share Common Stock Total Per Share 2019 2020 2021 Case > 1 Weston Company issued and has outstanding 155,000 shares of $10 par-value common stock and 2,500 shares of $70 par-value 25 percent preferred stock. The board of directors votes to distribute $3,750 as dividends in 2019, $6,250 in 2020, and $384,750 in 2021. Compute the total dividend and the dividend for each share paid to preferred stockholders and common stockholders each year under the following assumed situations. Case A: The preferred stock is nonparticipating and noncumulative. Case B: The preferred stock is cumulative and nonparticipating Analyze: If a stockholder purchased 300 shares of cumulative preferred stock in 2019, what total dividends should be paid to this stockholder in the fiscal year 2021, assuming Case B? Complete this question by entering your answer in the tabs below. Case A Case Analyze Compute the total dividend and the dividend for each share paid to preferred stockholders and common stockholders each year under the above assumed situations. (Round your pershare answers to 2 decimal places.) Year Total Dividends Preferred Stock Total Per Share Common Stock Total Per Share 2019 2020 2021 1 Weston Company issued and has outstanding 155,000 shares of $10 par-value common stock and 2,500 shares of $70 par-value 25 percent preferred stock. The board of directors votes to distribute $3,750 as dividends in 2019, $6,250 in 2020, and $384,750 in 2021. Compute the total dividend and the dividend for each share paid to preferred stockholders and common stockholders each year under the following assumed situations. Case A: The preferred stock is nonparticipating and noncumulative. Case 8: The preferred stock is cumulative and nonparticipating Analyze: If a stockholder purchased 300 shares of cumulative preferred stock in 2019, what total clividends should be paid to this stockholder in the fiscal year 2021, assuming Case B? Complete this question by entering your answer in the tabs below. Case A Case B Analyze If a stockholder purchased 300 shares of cumulative preferred stock in 2019, what total dividends should be paid to this stockholder in the fiscal year 2021, assuming Case B? Dividend paid

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