Question: 1 Saved Use the following information for the Exercises below. [The following information applies to the questions displayed below) York's outstanding stock consists of 80,000

 1 Saved Use the following information for the Exercises below. [The
following information applies to the questions displayed below) York's outstanding stock consists

1 Saved Use the following information for the Exercises below. [The following information applies to the questions displayed below) York's outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 190,000 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. Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividenda Year 4 total cash dividends $ 18,000 28,000 300,000 450,000 Exercise 13-10 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 (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Number of Preferred Preferred Share Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end $ Year 1 Year 2 Year 3 Year 4 Total: 18,000 28,000 300,000 450,000 796,000 $ 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 80,000 shares of noncumulative 75% preferred stock with a $5 par value and also 190,000 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. res Year 1 total cash dividends $10,000 Year 2 total cash dividenda 20,000 Year 3 total cash dividends 300,000 Year 4 total cash dividends 450,000 Exercise 13-11 Dividends on common and cumulative preferred stock LO C2 Use the data in Exercise 13-10 to determine the amount of dividends paid each year to each of the two classes of stock assuming that the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Share Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end $ Year 1 Year 2 Year 3 Year 4 18,000 28,000 300,000 450.000 796,000 Totals $

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