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Yorks outstanding stock consists of 75,000 shares of noncumlative 8.0% preferred stock with a $5 par value and also 130,000 shares of common stock with
Yorks outstanding stock consists of 75,000 shares of noncumlative 8.0% preferred stock with a $5 par value and also 130,000 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 divididends:
rc G Clubhouse Email Golub Canva Flyers Required information Use the following information for the Exercises below. The following information applies to the questions displayed below York's outstanding stock consists of 75,000 shares of noncumulative 80% preferred stock with a SS par value and also 130,000 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: s 18,600 28,0ee 2015 total cash dividends 2016 total cash dividends 2817 total cash dividends 2018 total cash dividends 428,080 Exercise 13-8 Dividends on common and noncumulative preferred stock LO C2 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also comp the total dividends paid to each class for the four years combined (Round your "Dividend per Preferred Share" answers to 3 de pleces) nd per N Pre Divide Preferred Dividend Rate Preferred Preterred 75.000S 30000 Arrears at Annual Preferred Dividend: Total Cash Dividend PaidPreferred Pald to Paid to 186001s 28,00 30 000 30 000 18.600[ $ 28.000 2015 2016 2017 2018 Total: 270.000 420.000 736 600 106,600 Step by Step Solution
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