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The outstanding capital stock of York Brands Corporation consists of 10,000 shares of $ 75per value preferred. and 25.C00 shares of $1 par value common.

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The outstanding capital stock of York Brands Corporation consists of 10,000 shares of $ 75per value preferred. and 25.C00 shares of $1 par value common. Instructions: Assuming that the company has net income of $250,000, all of which is to be paid out in and that preferred dividends were not paid during the current year or the past year, the amount of dividends paid to common and preferred under the following unrelated assumptions. The preferred stock is noncumulative and non-participating. The preferred stock is cumulative and non-participating, the preferred stock cumulative and fully participating. The outstanding capital stock of York Brands Corporation consists of 10,000 shares of $ 75per value preferred. and 25.C00 shares of $1 par value common. Instructions: Assuming that the company has net income of $250,000, all of which is to be paid out in and that preferred dividends were not paid during the current year or the past year, the amount of dividends paid to common and preferred under the following unrelated assumptions. The preferred stock is noncumulative and non-participating. The preferred stock is cumulative and non-participating, the preferred stock cumulative and fully participating

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