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Total assets $325,000,000 Total liabilities $200,000,000 Stockholders' equity Contributed capital 9%, cumulative preferred stock, $100 par, 300,000 shares issued Common stock, $1 par, 20,000,000 shares
Total assets $325,000,000 Total liabilities $200,000,000 Stockholders' equity Contributed capital 9%, cumulative preferred stock, $100 par, 300,000 shares issued Common stock, $1 par, 20,000,000 shares issued $30,000,000 $20,000,000 Additional paid-in capital, common stock Total contributed capital Retained earnings Total stockholders' equity $46,000,000 $96,000,000 $29,000,000 $125,000,000 All preferred stock was issued five years ago. All dividends on preferred stock for prior years have been paid. Total dividends declared and paid in the year ended March 31 were $6,000,000. 1. Calculate the total dollar amount of dividends paid to preferred stockholders in the year ended March 31. 2. Calculate the total dollar amount of dividends paid to common stockholders in the year ended March 31. 3. Calculate the common stock cash dividends per share paid in the year ended March 31. 1. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the total dollar amount of cash dividends paid to preferred stockholders in the current year ended March 31. 2. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the total dollar amount of cash dividends paid to common stockholders in the current year ended March 31. 3. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the common stock cash dividends per share paid in the current year ended March 31
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