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Dividend Distribution Ryan Corporation began business on March 1, 2019. At that time, it issued 20,000 shares of $60 par value, seven percent cumulative preferred
Dividend Distribution Ryan Corporation began business on March 1, 2019. At that time, it issued 20,000 shares of $60 par value, seven percent cumulative preferred stock and 100,000 shares of $5 par value common stock. Through the end of 2021, there had been no change in the number of preferred and common shares outstanding. Required a. Assume that Ryan declared dividends of $0 in 2019, $195,000 in 2020, and $200,000 in 2021. Calculate the total dividends and the dividends per share paid to each class of stock in 2019, 2020, and 2021. Round to two decimal places. Preferred Common Stock Year Stock 2019 $ 2020 2021 $ b. Assume that Ryan declared dividends of $0 in 2019, $90,000 in 2020, and $190,000 in 2021. Calculate the total dividends and the dividends per share paid to each class of stock in 2019, 2020, and 2021. Round to two decimal places. Preferred Common Stock Year Stock 2019 $ 2020 2021 Preferred Common per share per share $ $ Preferred per share $ Common per share $ oividend Diztribution Arsuint 2021. Apurd to twe decimsichaces zol2t. found to sho theormal places
Dividend Distribution Ryan Corporation began business on March 1, 2019. At that time, it issued 20,000 shares of $60 par value, seven percent cumulative preferred stock and 100,000 shares of $5 par value common stock. Through the end of 2021, there had been no change in the number of preferred and common shares outstanding. Required a. Assume that Ryan declared dividends of $0 in 2019, $195,000 in 2020, and $200,000 in 2021. Calculate the total dividends and the dividends per share paid to each class of stock in 2019, 2020, and 2021. Round to two decimal places. Preferred Common Stock Year Stock 2019 $ 2020 2021 $ b. Assume that Ryan declared dividends of $0 in 2019, $90,000 in 2020, and $190,000 in 2021. Calculate the total dividends and the dividends per share paid to each class of stock in 2019, 2020, and 2021. Round to two decimal places. Preferred Common Stock Year Stock 2019 $ 2020 2021 Preferred Common per share per share $ $ Preferred per share $ Common per share $
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