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pork's outstanding stock consists of 80.000 shares of noncumulative 7.5% preferred stock with a par w the corporation declared and paid the following total cash
pork's outstanding stock consists of 80.000 shares of noncumulative 7.5% preferred stock with a par w the corporation declared and paid the following total cash dividends. Determine the amount of divi- sends paid each year to each of the two classes of stockholders: preferred and common. Also compute the preal dividends paid to each class for the four years combined. Exercise 13-10 Dividends on common noncumulative preferre stock C2 Year 1 total cash dividends ......... Year 2 total cash dividends $20,000 28,000 Year 3 total cash didends Year 4 total cash dividends...... $200,000 350,000 Check 4 yea totala preferred $100.000
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