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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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