Andrews company has $80,000 available to pay dividends. it has 200 shares of 10% $100 par preferred stock and 30,00 shares of $10 common stock outstanding. the preferred stock isselling at $125 per share and thecommon is selling at $20 per share.

prepare journal entries. for the amount of dividends in each class of shareholder given the following independent assumptions:

A. preferred stock is nonparticipating and noncumultive

B. preferred stock is nonpart. and cumulative. preferred dividends are 2 years in arrears at beg. of the year

c. preferred stock is fully part. and cumulative preferred dividends are 1 year in arrearsat beg. of year

2. for 1a compute the dividend yield othe preferred and common stock.

in excel foramt