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TB MC Qu. 11-149 (Algo) Sweet Company's outstanding ... Sweet Company's outstanding stock consists of 1,400 shares of cumulative 6% preferred stock with a $100

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TB MC Qu. 11-149 (Algo) Sweet Company's outstanding ... Sweet Company's outstanding stock consists of 1,400 shares of cumulative 6% preferred stock with a $100 par value and 10,400 shares of cornmon stock with a $10 par value. During the first three years of operation, the corpotation declared and paid the following total castre dividends. The amount of dividends pald to preferred and common shareholders in year 3 is

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