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Dividend Distribution Rydon Corporation began business on March 1, 2013. At that time, it issued 20,000 shares of 560 par value, seven percent cumulative preferred

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Dividend Distribution Rydon Corporation began business on March 1, 2013. At that time, it issued 20,000 shares of 560 par value, seven percent cumulative preferred stock and 100,000 shares of $5 par value common stock. Through the end of 2015, there had been no change in the number of preferred and common shares outstanding Required a. Assume that Rydon declared dividends of 50 in 2013. $180,000 in 2014 and 5205.000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013, 2014 and 2015. Round to two decimal places Preferred Common Preferred Common Year Sok Sock Sharper share b. Assume that Rydon declared dividends of 50 in 2013. 584,000 in 2014 and $180,000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013 2014 and 2015. Round to two decimal places Preferred Common Preferred Common Year Stock Stock per share per share 2013 $ 2015 Previous Save Answers Finestremo

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