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pls help? York's outstanding stock consists of 70,000 shares of noncumulative 75 % preferred stock with a $5 par value and also 120,000 shares of
pls help? York's outstanding stock consists of 70,000 shares of noncumulative 75 % preferred stock with a $5 par value and also 120,000 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. $ 15,000 24,200 265,000 415,000 Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal pleces.) Dividend per Preferred Share Number of Preferred Shares Par Value per Preferred Share Preferred Dividend Dividend Rate Annual Preferred Dividend: Dividends in Arrears at Paid to Common Paid to Preferred Total Cash Dividend Paid year-end 15,000 Year 1 24.200 Year 2 265,000 Year 3 415,000 Year 4 719.200 S 0 S Totals
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