York's outstanding stock consists of 80,000 shares of cumulative 6.0% preferred stock with a $5 par...
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York's outstanding stock consists of 80,000 shares of cumulative 6.0% preferred stock with a $5 par value and also 300,000 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend per Preferred Number of Preferred Shares Dividend Rate Preferred Share Dividend Annual Preferred Dividend: Dividends in Arrears at Total Cash Paid to Preferred Paid to Dividend Paid Common year-end Year 1 24 13,000 Year 2 22,000 Year 3 250,000 Year 4 400,000 Totals S. 685,000 Required information [The following information applies to the questions displayed below.] Year 1 total cash dividends 13,e00 22,e00 Year 2 total cash dividends Year 3 total cash dividends 250,000 400,000 Year 4 total cash dividends York's outstanding stock consists of 80,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 300,000 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.) Par Value per Preferred Dividend per Number of Preferred Dividend Rate Preferred Preferred Dividend Share Share Shares Annual Preferred Dividend: Dividends in Total Cash Dividend Paid Paid to Paid to Arrears at Preferred Common year-end Year 1 13,000 Year 2 22,000 Year 3 250,000 Year 4 400,000 Total: 24 685,000 %24 York's outstanding stock consists of 80,000 shares of cumulative 6.0% preferred stock with a $5 par value and also 300,000 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend per Preferred Number of Preferred Shares Dividend Rate Preferred Share Dividend Annual Preferred Dividend: Dividends in Arrears at Total Cash Paid to Preferred Paid to Dividend Paid Common year-end Year 1 24 13,000 Year 2 22,000 Year 3 250,000 Year 4 400,000 Totals S. 685,000 Required information [The following information applies to the questions displayed below.] Year 1 total cash dividends 13,e00 22,e00 Year 2 total cash dividends Year 3 total cash dividends 250,000 400,000 Year 4 total cash dividends York's outstanding stock consists of 80,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 300,000 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.) Par Value per Preferred Dividend per Number of Preferred Dividend Rate Preferred Preferred Dividend Share Share Shares Annual Preferred Dividend: Dividends in Total Cash Dividend Paid Paid to Paid to Arrears at Preferred Common year-end Year 1 13,000 Year 2 22,000 Year 3 250,000 Year 4 400,000 Total: 24 685,000 %24
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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
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