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Ch. 11 Assignment- Part 2 i Saved 8 Required information [The following information applies to the questions displayed below.] Year 1 total cash dividends
Ch. 11 Assignment- Part 2 i Saved 8 Required information [The following information applies to the questions displayed below.] Year 1 total cash dividends Part 2 of 2 Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 12.5 points eBook Hint References $ 19,100 27,700 230,000 380,000 Help Save & Exit Submit Check my work York's outstanding stock consists of 85,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 260,000 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 Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Dividends in Total Cash Dividend Paid Paid to Preferred Paid to Common Arrears at year-end Year 1 Year 2 Year 3 $ 19,100 27,700 230,000 Year 4 Totals 380,000 $ 656,800 $ 0 $ 69 0
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