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Required information Use the following information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ]
Required information
Use the following information for the Exercises below. Algo
The following information applies to the questions displayed below.
tableYear total cash dividends,$Yorks outstanding stock consists of shares of noncumulative preferred stock with a $ par value and also shares of common stock with a $ 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.
Note: Round your "Dividend per Preferred Share" answer to decimal places.
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