PayMore Shoes had the following shares outstanding at the start of 2020. No more shares were...
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PayMore Shoes had the following shares outstanding at the start of 2020. No more shares were issued or repurchased to date. 3,000 shares of 4%, $100 par, Cumulative preferred stock. 46,000 shares of $1 par common stock. Amounts distributed as cash dividends from 2020 to 2022 are presented in the Schedule below. Required: Complete the Schedule. Years 2020 2021 2021 Dividends declared & $0 paid $25,000 $30,000 Preferred Stock dividends Due Preferred Stock dividends Paid Preferred Stock dividends in Arrear Common Stock dividends Paid 0 CH < ? 11:21 PM 11/28/2022 119 PayMore Shoes had the following shares outstanding at the start of 2020. No more shares were issued or repurchased to date. 3,000 shares of 4%, $100 par, Cumulative preferred stock. 46,000 shares of $1 par common stock. Amounts distributed as cash dividends from 2020 to 2022 are presented in the Schedule below. Required: Complete the Schedule. Years 2020 2021 2021 Dividends declared & $0 paid $25,000 $30,000 Preferred Stock dividends Due Preferred Stock dividends Paid Preferred Stock dividends in Arrear Common Stock dividends Paid 0 CH < ? 11:21 PM 11/28/2022 119
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