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Requlred Information The following infomation applies to the questions displayed below York's outstanding stock consists of 80,000 shares of noncumulative 6.0% preferred stock with a
Requlred Information The following infomation applies to the questions displayed below York's outstanding stock consists of 80,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 300,000 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. 2816 total cash dividends 2817 total cash dividends 13,8ee 218 total cash dividends 22,8e 2819 total cash dividends s 25e,eee 48e,888 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also compute the total dividends paid to each class for the four years combined. (Round your "Dividend per Preferred Share" answers to 3 declmal places.) per Preferred Preferred Shares Dividend Preferred Dividend Rate Preferred Share Share Annual Preferred Dividend Total Cash Paid to Paid to Arrears at Preferred Common year-end 2016 2017 2018 2019 Total Dividend Paid 13,000 22,000 250.000 400,000 S 685.000
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