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Required information The following information applies to the questions displayed below. Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash
Required information The following information applies to the questions displayed below. Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 13,900 23,500 280,000 430,000 York's outstanding stock consists of 85,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 150.000 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: Determine the amount of dividends paid each year to each of the two classes of stockholders preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end S 11 600 Year 1 S Year 2 0 Year 3 Year 4 13 900 23,500 280,000 430,000 747,400 $ Total: 0 $ 0
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