Question: Lesson 6 HW (Graded) Saved Help 5a 8 Required information Part 1 of 2 The following information applies to the questions displayed below! Year 1
Lesson 6 HW (Graded) Saved Help 5a 8 Required information Part 1 of 2 The following information applies to the questions displayed below! Year 1 total cash dividends Year 2 total cash dividends Year 3, total cash dividends Year 4 total cash dividends $ 10,700 20, 500 290,000 440,000 oints eBook York's outstanding stock consists of 60,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 170,000 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: 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.) Hint Par Value per Preferred Share Dividend Rato Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Print Annual Preferred Dividend: References Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 Year 2 Year 3 Year 4 Total Cash Dividend Pald $ 10,700 20,500 290,000 440,000 $ 761,200 Total
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