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Required information [The following information applies ta the questions displayed below] common stock with a Sl par value, During its first fout years. of operation,
Required information [The following information applies ta the questions displayed below] common stock with a Sl par value, During its first fout years. of operation, the corpotation deciand and paid the following total cash viclends: etermine the amount of dividends paid each year to each of the two classes of stockhiderx prefeifed and cormmon. (Round your Dividend per Preferred Shore" answer to 3 decimal places.) York's outstanding stock consists of 60.000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 210,000 shar of common stock with a \$1 par value. During its first four years of operation, the corporation declared and paid the following total cas dividends: Deteimine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" onswer to 3 decimal ploces.)
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