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8. The ferris corporation has 2,000 shares of $100, 8% cumulative preferred stock outstanding and 40,000 shares of $1 par value common stock outstanding.
8. The ferris corporation has 2,000 shares of $100, 8% cumulative preferred stock outstanding and 40,000 shares of $1 par value common stock outstanding. In the company's first three years of operations, its board of directors paid cash dividends as follows: 2013 2014 2015 none 20,000 100,000 determine the total cash dividends and dividends per share paid to the preferred and common stockholders during each of the three years. common stock preferred stock preferred dividend ??? common shareholders preferred shareholders dividends in arrears 2013 2014 2015
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