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#7 11 Saved Help Save & Exit Submit Part 2 of 2 7.14 points Required information Use the following information for the Exercises below. (Algo)
#7 11 Saved Help Save & Exit Submit Part 2 of 2 7.14 points Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 15,000 24,200 265,000 415,000 Check my work eBook References Exercise 11-13 (Algo) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 70,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 120,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places. Homework #7 11 Year 3 total cash dividends Year 4 total cash dividends 265,000 415,000 Part 2 of 2 7.14 points eBook References Saved Help Save & Exit Submit Check my work Exercise 11-13 (Algo) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 70,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 120,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places. Par Value per Preferred Share Dividend Rate Dividend per Preferred Number of Preferred Preferred Dividend Share Shares Annual Preferred Dividend: Dividends in Total Cash Dividend Paid Paid to Preferred Paid to Common Arrears at year-end Year 1 Year 2 $ 15,000 24,200 Year 3 Year 4 Totals 265,000 0 415,000 0 $ 719,200 $ 0 $
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