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Chapter 11 Exercises i Saved Required information [The following information applies to the questions displayed below.] Part 1 of 2 York's outstanding stock consists of
Chapter 11 Exercises i Saved Required information [The following information applies to the questions displayed below.] Part 1 of 2 York's outstanding stock consists of 70,000 shares of noncumulative 8.0% preferred stock with a $5 par value and also 230,000 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. 1.42 points $ Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 17,700 26,000 215,000 365,000 eBook Hint Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Print Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 Year 2 Year 3 Year 4 Total: 17,700 26,000 215,000 365,000 623,700 $
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