5 Part 2 of 2 Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 19,800 29,500 285,000 435,000 0.71 points York's outstanding stock consists of 90,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 160,000 shares common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places. eBook Hint Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Print Annual Preferred Dividend: References Dividends in Total Cash Dividend Paid Paid to Preferred Paid to Common Arrears at year-end Year 1 Year 2 Year 3 Year 4 $ 19,800 29,500 285,000 435,000 Totals $ 769,300
5 Part 2 of 2 Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 19,800 29,500 285,000 435,000 0.71 points York's outstanding stock consists of 90,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 160,000 shares common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places. eBook Hint Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Print Annual Preferred Dividend: References Dividends in Total Cash Dividend Paid Paid to Preferred Paid to Common Arrears at year-end Year 1 Year 2 Year 3 Year 4 $ 19,800 29,500 285,000 435,000 Totals $ 769,300
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no

Transcribed Image Text:5
Part 2 of 2
Year 1 total cash dividends
Year 2 total cash dividends
Year 3 total cash dividends
Year 4 total cash dividends
$ 19,800
29,500
285,000
435,000
0.71
points
York's outstanding stock consists of 90,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 160,000 shares
common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash
dividends:
Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
eBook
Hint
Par Value per
Preferred
Share
Dividend Rate
Dividend per
Preferred
Share
Number of
Preferred
Preferred
Dividend
Shares
Print
Annual Preferred Dividend:
References
Dividends in
Total Cash
Dividend Paid
Paid to
Preferred
Paid to
Common
Arrears at
year-end
Year 1
Year 2
Year 3
Year 4
$
19,800
29,500
285,000
435,000
Totals
$ 769,300
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