Accounting

A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of 10%, $100 par, cumulative preferred stock and 50,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. year 1 15,000 year 2 20,000 year 3 200,000

3. A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of 10%, $100 par, cumulative prefered stock and 50,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule Preferre Common Total Pe otal Pendiente de pagar Year DividenDividends ds Total Per Share loLaShare sin acumula $15,000 $20,000 3 $200,000