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Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Round answers to third decimal. Required
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common.
Required Information [The following information applies to the questions displayed below) Year 1 total cash dividends Year 2 total cash dividende Year 3 total cash dividende Year 4 total cash dividendis $ 13,200 22,000 240,000 390,000 York's outstanding stock consists of 60,000 shares of noncumulative 8.0% preferred stock with a $5 par value and also 280,000 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: 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.) Par Value per Preferred Share Dividend Rate Olvidend par Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Pald Paid to Preferred Pald to Common Dividends in Arrears at year and $ Year 1 Year 2 Year 3 Year 4 Total: 13.200 22,000 240,000 390,000 B65,200 $ Round answers to third decimal.
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